---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-010679"
form_type: "8-K"
ticker: "KFS"
cik: "0001072627"
company_name: "KINGSWAY FINANCIAL SERVICES INC"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:09:05.511967+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kingsway appoints two new directors; affiliates hold 9.2% and 1.5% stakes

## Summary
- Adam Patinkin and Joshua Horowitz appointed to Board, effective March 31, 2025.
- Affiliates of David Capital Partners acquired 9.2% of Kingsway's outstanding common shares.
- Affiliates of Palm Management (US) LLC acquired 1.5% of outstanding common shares.
- Company will nominate both directors for election at 2025 Annual Meeting.
- CEO Fitzgerald says Kingsway is at 'inflection point' with Search Xcelerator business.

## SEC filing metadata
- accession: 0001437749-25-010679
- form_type: 8-K
- ticker: KFS
- cik: 0001072627
- company_name: KINGSWAY FINANCIAL SERVICES INC
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1072627/000143774925010679/0001437749-25-010679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1072627/000143774925010679/kfs20250401_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-010679
- JSON: https://secwatch.observer/filing/0001437749-25-010679.json
- Plain text: https://secwatch.observer/filing/0001437749-25-010679.txt

## Key facts
- Executive change
  Adam Patinkin was appointed as director at KINGSWAY FINANCIAL SERVICES INC.
  - Action: appointed
  - Role: director
  source text: On March 31, 2025, the Board of Directors (the “Board”) of Kingsway Financial Services Inc. (the “Company”) appointed Adam Patinkin and Joshua Horowitz as directors of the Company, with immediate effect.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1072627/000143774925010679/0001437749-25-010679-index.htm
- Executive change
  Joshua Horowitz was appointed as director at KINGSWAY FINANCIAL SERVICES INC.
  - Action: appointed
  - Role: director
  source text: On March 31, 2025, the Board of Directors (the “Board”) of Kingsway Financial Services Inc. (the “Company”) appointed Adam Patinkin and Joshua Horowitz as directors of the Company, with immediate effect.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1072627/000143774925010679/0001437749-25-010679-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.