secwatch.observer — SEC 8-K summary ====================================== Issuer: KINGSWAY FINANCIAL SERVICES INC (KFS) CIK: 0001072627 Form: 8-K Filed at: 2025-02-24T23:59:59+00:00 Accession: 0001213900-25-016648 Event type: other_material Sentiment: neutral Materiality: 0.55 Item codes: 1.01, 2.03, 3.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Kingsway Financial Services raises $1.58M in second closing of Class C Preferred Stock offering -------------------------------------------------------------------------------- - Second closing: 63,244 shares of Class C Preferred Stock at $25/share for aggregate proceeds of $1,581,100. - Combined with initial closing of 176,756 shares for $4,418,900, total offering raises $6,000,000. - Shares sold in private placement under Section 4(a)(2) and Rule 506 of Regulation D; unregistered. - Prior 8-K filed Feb 18, 2025 contained certificate of designations and initial closing details. - Use of proceeds not specified in this filing; general corporate purposes likely. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1072627/000121390025016648/0001213900-25-016648-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1072627/000121390025016648/ea0232000-8k_kings.htm HTML page: https://secwatch.observer/filing/0001213900-25-016648 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer