UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
February 27, 2020
MAIDEN HOLDINGS, LTD.
(Exact name of registrant as specified in its charter)
Bermuda (State or other jurisdiction of incorporation) | 001-34042 (Commission File Number) | 98-0570192 (IRS Employer Identification No.) | ||
94 Pitts Bay Road, Pembroke HM08, Bermuda
(Address of principal executive offices and zip code)
(441) 298-4900
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Trading symbol(s) | Name of Each Exchange on Which Registered | ||
Common Shares, par value $0.01 per share | MHLD | NASDAQ Global Select Market | ||
Series A Preference Shares, par value $0.01 per share | MH.PA | New York Stock Exchange | ||
Series C Preference Shares, par value $0.01 per share | MH.PC | New York Stock Exchange | ||
Series D Preference Shares, par value $0.01 per share | MH.PD | New York Stock Exchange | ||
Item 8.01 | Other Events. |
Re-domestication to Vermont
As disclosed in prior filings, during the fourth quarter of 2019, Maiden Reinsurance Ltd. (“Maiden Reinsurance”), the principal operating subsidiary of Maiden Holdings, Ltd. (the “Company”), submitted the necessary filings to discontinue its operations from Bermuda and apply to be licensed and re-domesticate to the State of Vermont in the United States. Filings were made with the Department of Financial Regulation (“DFR”) in Vermont as well as with the Bermuda Monetary Authority to provide notice of Maiden Reinsurance’s intent to discontinue from Bermuda and re-domesticate to Vermont.
Maiden Reinsurance has received its certificate of authority from the Vermont DFR and expects to complete the re-domestication on March 16, 2020 after a mandatory 14-day publication period as required under Bermuda law.
The planned re-domestication does not apply to the Company, which remains a Bermuda-based holding company.
10-K Filing
As the Company is no longer an accelerated filer, the Company expects to file its 2019 Annual Report on Form 10-K on or before March 30, 2020.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: | February 27, 2020 | MAIDEN HOLDINGS, LTD. | |
By: | /s/ Denis M. Butkovic | ||
Denis M. Butkovic | |||
Senior Vice President, General Counsel and Secretary | |||