other material
confidence high
sentiment neutral
materiality 0.60
Kingstone Companies enters into $16.4M ATM equity offering with Janney Montgomery Scott LLC
KINGSTONE COMPANIES, INC.
- Entered Sales Agreement with Janney Montgomery Scott for at-the-market offering of up to $16.4M of common stock.
- Agent receives 2.0% commission; offering made under effective S-3 registration statement.
- Company not obligated to sell any shares; Agent uses commercially reasonable efforts.
- Prospectus Supplement dated May 24, 2024 filed with SEC.