Kingstone exchanges $19.95M of 12% senior notes for $14.95M of 13.75% notes due 2026 and $5M cash

KINGSTONE COMPANIES, INC.

Exchanged $19.95M aggregate principal of 12% Senior Notes due 2024 for $14.95M of new 13.75% Senior Notes due 2026 plus $5M cash.
Warrants for 969,525 shares of common stock extended to June 30, 2026.
Closing scheduled for September 12, 2024; exchange extends maturity and reduces outstanding principal.

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