other material
confidence high
sentiment negative
materiality 0.65
Kingstone corrects diluted book value per share; figures lowered after share count error
KINGSTONE COMPANIES, INC.
- Book value per share (diluted) corrected to $4.32 from $4.58; excluding AOCI to $4.97 from $5.28.
- Error caused by incorrect fully diluted share count as of September 30, 2024.
- Correction disclosed on Nov 15, 2024; originally reported in Nov 12 press release and Nov 13 call.
- No other financial figures restated; CFO Jennifer Gravelle signed the 8-K.