Kingstone Companies Files Q3 2024 Amendment

TL;DR

Kingstone (KINS) filed a Q3 2024 amendment. Check for updates.

AI Summary

Kingstone Companies, Inc. filed an amendment (10-Q/A) on November 19, 2024, for their quarterly report ending September 30, 2024. The filing pertains to their operations as a fire, marine, and casualty insurance provider.

Why It Matters

This amendment provides updated financial and operational information for Kingstone Companies for the third quarter of 2024, which is crucial for investors to assess the company's performance and financial health.

Risk Assessment

Risk Level: low — This filing is an amendment to a routine quarterly report and does not appear to contain significant new negative information.

Key Numbers

• Q3 2024 — Reporting Period (The amendment covers the quarterly period ended September 30, 2024.)
• 20241119 — Filing Date (The amendment was filed on this date.)

Key Players & Entities

• KINGSTONE COMPANIES, INC. (company) — Registrant
• 0000033992 (company) — Central Index Key
• 20240930 (date) — Quarterly period end date
• 20241119 (date) — Filing date
• 15 Joys Lane Kingston , NY 12401 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value per share KINS Nasdaq Capit
• $4.58 — ("AOCI") as of September 30, 2024 were $4.58 and $5.28, respectively. On November 15
• $5 — as of September 30, 2024 were $4.58 and $5.28, respectively. On November 15, 2024,
• $4.32 — ding AOCI as of September 30, 2024 were $4.32 and $4.97, respectively. As a result o
• $4 — as of September 30, 2024 were $4.32 and $4.97, respectively. As a result of the i

Filing Documents

• king-20240930.htm (10-Q/A) — 56KB
• ceocert.htm (EX-31.A) — 1KB
• cfocert.htm (EX-31.B) — 1KB
• ceocfocert.htm (EX-32) — 1KB
• ceocert001.jpg (GRAPHIC) — 180KB
• ceocert002.jpg (GRAPHIC) — 89KB
• ceocfocert001.jpg (GRAPHIC) — 93KB
• cfocert001.jpg (GRAPHIC) — 189KB
• cfocert002.jpg (GRAPHIC) — 80KB
• 0001628280-24-048301.txt ( ) — 1084KB
• king-20240930.xsd (EX-101.SCH) — 2KB
• king-20240930_lab.xml (EX-101.LAB) — 27KB
• king-20240930_pre.xml (EX-101.PRE) — 16KB
• king-20240930_htm.xml (XML) — 4KB

Controls and Procedures

Item 4. Controls and Procedures . Evaluation of Disclosure Controls and Procedures In the Original Form 10-Q, we indicated that, under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, we evaluated the effectiveness of our disclosure controls and procedures as of September 30, 2024 (as required by Exchange Act Rule 13a-15(b)). Based on this evaluation, we indicated that our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as of September 30, 2024 in recording, processing, summarizing and reporting, on a timely basis, information required to be disclosed by us in the reports that we file or submit under the Exchange Act. On November 12, 2024, we issued a press release announcing our financial results for the period ended September 30, 2024 (the "Press Release"). In the Press Release, we indicated that our 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. On November 15, 2024, we determined that such 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. As a result of the incorrect statement discussed above, our Chief Executive Officer and Chief Financial Officer have concluded that our disclosure controls and procedures were not effective as of September 30, 2024 in recording, processing, summarizing and reporting, on a timely basis, information required to be disclosed by us in the reports that we file or submit under the Exchange Act. We continually review our disclosure controls

Exhibits

Item 6. Exhibits . 31(a) Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31(b) Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32+ Certification of Chief Executive Officer and Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 101.INS XBRL Instance Document 101.SCH 101.SCH XBRL Taxonomy Extension Schema. 101.CAL 101.CAL XBRL Taxonomy Extension Calculation Linkbase. 101.DEF 101.DEF XBRL Taxonomy Extension Definition Linkbase. 101.LAB 101.LAB XBRL Taxonomy Extension Label Linkbase. 101.PRE 101.PRE XBRL Taxonomy Extension Presentation Linkbase. + This exhibit will not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Such exhibit shall not be deemed incorporated into any filing under the Securities Act of 1933, as amended, or the Securities Act of 1934, as amended. 5 6

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. KINGSTONE COMPANIES, INC. Dated: November 18, 2024 By /s/ Meryl Golden Meryl Golden Chief Executive Officer Dated: November 18, 2024 By /s/ Jennifer Gravelle Jennifer Gravelle Chief Financial Officer 7

View Full Filing

View this 10-Q/A filing on SEC EDGAR