Other Information
+Added: Amended and Restated Bye-Laws
+Added: As described above, at the Special Meeting, the Company's shareholders voted to approve amendments to the Company's bye-laws.
+Added: The amended and restated bye-laws are filed herewith as Exhibit 3.1.
Executive Ownership and Sales
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The Company does not undertake any obligation to report Rule 10b5-1 plans that may be adopted by any employee or director of the Company in the future, or to report any modifications or termination of any publicly announced plan.
+Added: During the three months ended March 31, 2025, none of our directors or executive officers adopted or terminated a Rule 10b5-1 trading arrangement (as defined in Item 408(a)(1)(i) of Regulation S-K) or adopted or terminated a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K).
Insider Trading Arrangements and Policies
−Removed: The Company has adopted a Rule 10b5-1(c)(1) trading arrangement as defined in Item 408 of Regulation S-K under the Securities Exchange Act of 1934, as amended.
−Removed: On March 20, 2024, an amendment was made to the agreement initially signed on September 29, 2023 between Maiden Holdings and a financial intermediary authorizing the intermediary to purchase common shares from October 30, 2023 until the close of business on September 29, 2024, subject to certain conditions set forth in the agreement.
−Removed: No changes to the applicable trading period under the initial agreement were made in the amendment.
−Removed: This agreement was fully satisfied pursuant to its terms prior to September 29, 2024.
On September 4, 2024, the Company adopted a new Rule 10b5-1(c)(1) trading arrangement as defined in Item 408 of Regulation S-K under the Securities Exchange Act of 1934, as amended, between Maiden Holdings and a financial intermediary authorizing the intermediary to purchase common shares from October 4, 2024 until the close of business on November 15, 2025, subject to certain conditions set forth in the agreement.
+Added: During the three months ended March 31, 2025 and through the period ended May 12, 2025, the Company did not repurchase any additional common shares under the Company's authorized common share repurchase plan pursuant to Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended.
+Added: Nasdaq Listing Notice
+Added: On April 2, 2025, the Company received a letter from the listing qualifications department staff of Nasdaq that Maiden's common shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of Nasdaq.
+Added: Since then, Nasdaq has determined that for the last 12 consecutive business days, from April 21, 2025 to May 7, 2025, the closing bid price of the Company’s common shares has been at $ 1.00 per share or greater.
+Added: Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.
+Added: 3.1 Amended and Restated Bye-Laws of Maiden Holdings, Ltd.
31.1 Section 302 Certification of CEO
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101.1 The following materials from Maiden Holdings, Ltd.
−Removed: Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 formatted in Inline XBRL:
+Added: Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 formatted in Inline XBRL:
(i) unaudited Condensed Consolidated Balance Sheets;
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MAIDEN HOLDINGS, LTD.
−Removed: November 12, 2024 /s/ Patrick J.
+Added: May 12, 2025 /s/ Patrick J.
Chief Executive Officer and Chief Financial Officer (Principal Executive Officer)
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.