Maiden Holdings shareholders approve Kestrel combination; closing expected Q2 2025
Maiden Holdings shareholders approved the proposed combination with Kestrel Group LLC at a special general meeting on April 29, 2025, including the merger resolution for Maiden and a Bermuda holding company that will be renamed Kestrel Group Ltd. The company said closing is expected in the second quarter of 2025, subject to regulatory approvals and other customary conditions, so the deal is not yet complete.
Key points
- Merger resolution approved with 110,798,574 votes For, 4,199,415 Against and 63,860 Abstain
- Proposal to remove the 9.5% voting limitation approved with 76,705,952 votes For and 7,354,828 Against
- Advisory vote on named executive officer merger-related compensation approved with 105,424,076 votes For and 8,739,795 Against
- Closing expected in the second quarter of 2025, subject to regulatory approvals
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.