OXBRIDGE RE HOLDINGS Ltd 8-K

What Happened
Oxbridge Re Holdings Ltd announced it entered into a Promissory Note with Real World Digital Assets LLC on February 11, 2026 and received $1,000,000 in proceeds on February 12, 2026. The note matures six months later, with the outstanding principal and interest due on August 14, 2026. The note bears interest at 16% per annum, is prepayable at any time without penalty, and is secured by a Security Agreement granting the lender a security interest in substantially all of the company’s assets.

Key Details

• Principal: $1,000,000 funded on February 12, 2026. Maturity date: August 14, 2026 (6-month term).
• Interest: 16% per annum; upon an event of default interest accrues at 36% per annum (or the maximum rate permitted by law).
• Security: Obligations are secured by substantially all of the company’s assets under a Security Agreement.
• Use of proceeds: Working capital and general corporate purposes; note is a binding and enforceable obligation of the company.

Why It Matters
This filing confirms Oxbridge Re took on short-term, relatively expensive debt to support near-term liquidity. The 16% interest rate (and much higher default rate) and the pledge of substantially all assets increase creditor protections and could raise the company’s interest expense. The six-month maturity creates a near-term repayment or refinancing requirement that investors should watch when assessing the company’s short-term financial position.