Kingstone Companies Announces Closing of $30 Million Senior Notes Offering
The Company intends to use the net proceeds of the offering primarily to support organic growth, including contributions to
Sandler O’Neill & Partners, L.P. acted as the underwriter for the offering.
The offering was made pursuant to a shelf registration statement previously filed and declared effective by the
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About
Kingstone is a property and casualty insurance holding company whose principal operating subsidiary,
Forward-Looking Statements
Statements in this press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those included in forward-looking statements due to a variety of factors. More information about these factors can be found in Kingstone’s filings with the
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