Announcement • Aug 17
Positive Physicians Holdings, Inc. Announces the Promotion of Brian J. Durkin to Chief Financial Officer Positive Physicians Holdings, Inc. announced the promotion of Mr. Brian J. Durkin to the role of Chief Financial Officer. Mr. Durkin will also continue to serve as Treasurer. Mark J. Keyser had been serving as the Company’s Interim CFO and is expected to remain with the Company in a consulting role. This appointment was approved by the Company’s Board of Directors on August 15, 2022. Mr. Durkin has over 16 years of experience in the Property and Casualty insurance industry. He recently served as Senior Vice President and Treasurer of the Company. Prior to joining the Company as Controller in December 2020, he served in various roles during his 8-year tenure at Chubb, including his last assignment as Assistant Vice President, Financial Reporting. Mr. Durkin is a Certified Public Accountant and has a Bachelor of Science degree in Accounting and Finance from Syracuse University. Announcement • Aug 18
Positive Physicians Holdings Gives Formal Notice to Nasdaq Stock Market Intends to Voluntarily Delist from the Nasdaq Capital Market On July 27, 2020, Positive Physicians Holdings, Inc. (the “Company”) announced that it had given formal notice to the Nasdaq Stock Market of its intention to voluntarily delist its common stock from the Nasdaq Capital Market. The Company also announced its intention to deregister its common stock under Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”). The Company currently anticipates that it will file with the Securities and Exchange Commission (the “SEC”) a Form 25, Notification of Removal of Listing and/or Registration Under Section 12(b) of the Exchange Act, relating to the delisting and deregistration on or about August 5, 2020, with the delisting of its common stock taking effect no earlier than ten days thereafter. As a result, the Company expects that the last trading day of its common stock on the Nasdaq Capital Market will be on or about August 14, 2020, after which it will seek quotation of its shares on the OTCQX Best Market. Further, on or about August 14, 2020, the Company intends to file a Form 15 with the SEC to suspend the Company’s reporting obligations under Section 15(d) of the Exchange Act. These actions were authorized and approved by the Company’s Board of Directors on July 23, 2020. 
