Kingsway Financial Services INC Schedule 13D activist filings

David Capital Partners and Adam J. Patinkin have increased their beneficial ownership in KINGSWAY Corp to 10.3%, acquiring new stock options and holding convertible preferred stock.

Stilwell Group has reduced its beneficial ownership in Kingsway Financial Services Inc. to 12.7% after successfully profiting from share price appreciation through activist engagement.

David Capital Partners and Adam J. Patinkin have increased their beneficial ownership in Kingsway Financial Services Inc. to 9.0% through early option exercises and convertible preferred stock.

Palm Global Small Cap Master Fund LP and Joshua S. Horowitz have increased their beneficial ownership in Kingsway Financial Services Inc. through the early exercise of options.

A group of major shareholders in Kingsway Financial Services Inc. reduced their stake by selling 500,000 common shares to David Capital Partners Special Situation Fund, LP at $8.25 per share.

Stilwell Activist Fund and affiliates reduced their beneficial ownership in Kingsway Financial Services Inc. to 18.8%, while detailing a two-decade history of successful activist campaigns.

Stilwell Group reduced its beneficial ownership in Kingsway Financial Services Inc. to 19.9% through share sales and a change in the issuer's outstanding shares, while detailing its extensive history of activist investing.

Charles Frischer, a significant shareholder holding 6.8% of Kingsway Financial Services Inc., has ceased to be a member of the company's Board of Directors as of April 11, 2025.

Stilwell Group, a prominent activist investor, has increased its beneficial ownership in Kingsway Financial Services Inc. to 21.7% through a new preferred stock acquisition, asserting the company's assets are undervalued.

A group of significant shareholders in Kingsway Financial Services Inc., including Oakmont Capital Inc. and key individuals, has updated its beneficial ownership to 10.36% and disclosed a new option agreement to sell 500,000 shares to David Capital Partners.

Stilwell Value LLC, part of the activist Stilwell Group, has granted options to purchase 1.75 million shares of Kingsway Financial Services Inc. common stock, while the Group continues to hold a 21.6% stake and believes the company's value is not adequately reflected in its market price.

Palm Global Small Cap Master Fund LP and Joshua S. Horowitz have acquired a 1.5% beneficial ownership stake in Kingsway Financial Services Inc., with Mr. Horowitz also joining the company's board of directors.

David Capital Partners and its affiliates have significantly increased their beneficial ownership in Kingsway Financial Services Inc. to 9.2%, acquiring shares and options, and securing a board seat for Managing Partner Adam J. Patinkin.

The Stilwell Group, a prominent activist investor, has reduced its stake in Kingsway Financial Services Inc. by selling 1 million common shares, though it retains a substantial 21.6% beneficial ownership and continues to assert shareholder rights.

Stilwell Activist Fund and its affiliates have increased their beneficial ownership in Kingsway Financial Services Inc. to 25.2% through the acquisition of Class C Preferred Stock, reaffirming their strategy of asserting shareholder rights to drive value appreciation.