KINGSWAY FINANCIAL SERVICES INC - SCHEDULE 13D/A Filing Summary

2025-12-19SEC Filing SCHEDULE 13D/A (0000921895-25-003375)

This filing is the forty-ninth amendment to the original Schedule 13D, filed by Joseph Stilwell and associated entities (collectively, the "Group"). The Group reports beneficial ownership of 3,703,073 shares of Common Stock in KINGSWAY FINANCIAL SERVICES INC, representing approximately 12.7% of the outstanding shares. The filing details the Group's history of activist investing, aiming to profit from share price appreciation by asserting shareholder rights. The Group has entered into option agreements, leading to the sale of some shares. The purpose of acquiring shares was to profit from appreciation through shareholder rights, and the Group intends to gradually reduce its position. Members of the Group may seek to make additional purchases or sales of shares. The filing also lists various contracts and agreements, including subscription agreements for preferred stock and option agreements related to common stock transactions. The Group has a history of activist positions in 78 other companies since 2000, with a consistent strategy of aiming to profit from share price appreciation and asserting shareholder rights.

Ticker mentioned:KFSInstitution mentioned:STILWELL JOSEPH
Related industry:Auto & Truck Dealerships