Kingstone Companies Inc.

11/18/2024 | Press release | Distributed by Public on 11/18/2024 16:29

Business/Financial Results Form 8 K

Item 2.02
Results of Operations and Financial Condition.

On November 12, 2024, Kingstone Companies, Inc. (the "Company") issued a press release announcing its financial results for the period ended September 30, 2024 (the "Press Release"). In the Press Release, the Company indicated that its book value per share - diluted and book value per share - diluted excluding accumulated other comprehensive income ("AOCI") as of September 30, 2024 were $4.58 and $5.28, respectively. Such book value per share figures were also included in the presentation made by the Company in its quarterly conference call for analysts and investors on November 13, 2024. On November 15, 2024, the Company determined that such book value per share figures were calculated based upon an incorrect number of shares of common stock outstanding on a fully diluted basis as of September 30, 2024. Based upon the correct number of shares of common stock outstanding on a fully diluted basis, the book value per share - diluted and book value per share - diluted excluding AOCI as of September 30, 2024 were $4.32 and $4.97, respectively.

The information furnished with this Item 2.02 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.