TROY, Mich., March 27, 2026 (GLOBE NEWSWIRE) -- Presurance Holdings, Inc. (Nasdaq: PRHI) (“Presurance” or the “Company”) today announced results for the fourth quarter ended December 31, 2025. Year-end 2025 Financial Highlights Personal Lines production up 12.7% on the yearCommercial Lines were down 67% and continue to run offPersonal lines production comprised 100% of gross written premiums in Q4Commercial Lines – zero premium production for the fourth quarter While gross written premiums declined in the ...

Group 1 - Presurance Holdings, Inc. announced the closing of its rights offering on February 27, 2026, as detailed in a previous report [1] - A total of 4,284,640 shares of common stock were purchased at a subscription price of $1.00 per share during the rights offering [2] - Clarkston Companies, Inc. agreed to purchase all unsubscribed shares at the same price, resulting in a total purchase of 9,715,360 shares to fulfill the backstop commitment [3] Group 2 - The company received gross proceeds of $14,000,000 from the rights offering and backstop commitment, which will be used for redeeming Series B Preferred Stock and general corporate purposes [4] - Subscription rights that were not exercised by the deadline expired and the rights offering is terminated for unissued shares [5] - The rights offering was conducted under a registration statement that was declared effective by the SEC on February 6, 2026 [6] Group 3 - Presurance Holdings, Inc. is a Michigan-based property and casualty holding company that provides specialty insurance coverage [8]

Core Viewpoint - Presurance Holdings, Inc. has initiated a rights offering allowing eligible shareholders to purchase additional shares at a set price before the expiration date of February 24, 2026 [1][2]. Group 1: Rights Offering Details - Shareholders of record as of February 6, 2026, will receive one non-transferable Subscription Right for each share owned, enabling them to purchase 1.145 shares of common stock at a subscription price of $1.00 per share [2]. - The rights offering is governed by an effective registration statement on Form S-1 and a prospectus detailing the terms, which is available through the SEC [7]. Group 2: Participation Instructions - Shareholders must complete and execute the rights certificate and submit it along with payment to the Subscription Agent before the expiration time of 5:00 p.m. New York City time on February 24, 2026 [3]. - Beneficial owners of shares registered in the name of a broker or custodian should instruct their institution to exercise the subscription rights on their behalf [4]. Group 3: Payment and Refunds - Any payments received that are not applied to the exercise of subscription rights will be refunded to the shareholder without interest or penalty [5]. Group 4: Company Overview - Presurance Holdings, Inc. is a Michigan-based property and casualty holding company that provides specialty insurance coverage aimed at protecting individuals, businesses, and communities, focusing on disciplined growth and long-term value creation [8].