secwatch.observer — SEC 8-K summary
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Issuer:     KINGSTONE COMPANIES, INC. (KINS)
CIK:        0000033992
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001021771-24-000172
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33992/000102177124000172/0001021771-24-000172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33992/000102177124000172/kins8k83024.htm
  HTML page:      https://secwatch.observer/filing/0001021771-24-000172

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer