David Capital Partners, LLC - 17 Dec 2025 SCHEDULE 13D/A Report for Kingsway Financial Services Inc. Common Stock, par value $0.01 per share (KFS)

Filing Manager: David Capital Partners, LLC
Reporting Manager: David Capital Partners, LLC
Security: Kingsway Financial Services Inc. Common Stock, par value $0.01 per share
Symbol: KFS
Shares outstanding: 29.1M shares
Disclosed Ownership: 2.62M shares
Ownership: 9%
Form type: SCHEDULE 13D/A
Filing time: 18 Dec 2025, 16:30:05 UTC
Date of event: 17 Dec 2025
Previous filing: 02 Apr 2025
SEC: View on sec.gov

Reporting Managers (4)

Name	Ownership	Shares Owned	shared voting power	Signature	Title	CIK
David Capital Partners, LLC	9%	2.62M	2.55M	/s/ Adam J. Patinkin	Adam J. Patinkin, Managing Partner	0001569725
David Capital Partners Fund, LP	3.5%	1.02M	1.02M	/s/ Adam J. Patinkin	Adam J. Patinkin, Managing Partner of David Capital Partners, LLC, the general partner of David Capital Partners Fund, LP	0001532695
David Capital Partners Special Situation Fund, LP	5.5%	1.59M	1.52M	/s/ Adam J. Patinkin	Adam J. Patinkin, Managing Member of David Capital Partners, LLC, the general partner of David Capital Partners Special Situation Fund, LP	0002054170
Adam J. Patinkin	9%	2.62M	2.55M	/s/ Adam J. Patinkin	Adam J. Patinkin