KINGSWAY FINANCIAL SERVICES INC.
6.80%
1,863,324
1072627
496904202
Apr 10, 2025
May 14, 2025, 05:41 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Charles Frischer | Individual | 6.80% | 1,863,324 | 1,863,324 | 0 |
Disclosure Items (3)
Common Stock, $0.01 par value per share
KINGSWAY FINANCIAL SERVICES INC.
10 S. RIVERSIDE PLAZA, CHICAGO, IL, 60606
As of the date of this Amendment No. 3 to Schedule 13D, Mr. Frischer directly or through his IRA owns 1,852,798 Shares and 4,000 Class B Preferred Shares, par value $0.01 per share (the "Preferred Shares"). Each Preferred Share is convertible into approximately 2.6316 Shares. Accordingly, Mr. Frischer beneficially owns 1,863,234 representing approximately 6.8% of the total outstanding Shares, assuming conversion of all of Mr. Frischer's Preferred Shares. The percentages set forth above and on the cover pages hereto represent the percentage of the outstanding Shares based on a total of 27,537,151 Shares outstanding as of May 8, 2025, which amount is derived from amount reported in the Issuer's Quarterly Report on Form 10-Q for the period ended March 31, 2025.
Mr. Frischer has sole voting and sole investment power with respect to 1,863,324 Shares.
None.
Not applicable.
Not applicable.
As of April 11, 2025, Mr. Frischer is no longer a member of the Board of Directors of the Issuer.