Kingsway Announces Proposed Corporate Name Change And Proposed Stock Ticker Change

Kingsway (NYSE:KFS) announced its Board approved a proposed corporate name change to Kingsway Corporation and a proposed stock ticker change to KWY.

Rhea-AI Summary

Kingsway (NYSE:KFS) announced its Board approved a proposed corporate name change to Kingsway Corporation and a proposed stock ticker change to KWY.

The changes are subject to shareholder approval at the Annual General Meeting on May 18, 2026. According to the company, the moves aim to better reflect business evolution and clarify the equity story as a majority of revenues and adjusted EBITDA now come from its Kingsway Search Xcelerator segment.

Positive

• Board-approved proposal to rename company to Kingsway Corporation
• Ticker change planned to KWY to align branding
• Majority of revenues and adjusted EBITDA now from Kingsway Search Xcelerator

Negative

• Name and ticker changes require shareholder approval on May 18, 2026
• Transition risks: potential temporary market/data-provider confusion during rebranding

Argus Mar 31 session

+1.66% close to close Open Argus

Details

News Market Reaction – KFS

On Mar 31, the day this news came out, KFS closed 1.66% above the previous close.

Data tracked by StockTitan Argus for the Mar 31 session.

Key Figures

AGM date: May 18, 2026

AGM date

May 18, 2026

Shareholder vote on proposed name change to Kingsway Corporation

Historical Context

5 past events · Latest: Mar 16

5 events

1. Mar 16

   Board leadership change

   24h Move

   +3.0%

   New Board Chairman appointed while prior Chair remains as Vice-Chairman.

2. Mar 12

   Earnings results

   24h Move

   -5.3%

   Strong 2025 revenue growth with mixed profitability and margin compression.

3. Mar 05

   Investor Day announcement

   24h Move

   +0.5%

   Planned Investor Day at NYSE with management presentations and Q&A.

4. Mar 04

   Earnings date notice

   24h Move

   -2.9%

   Scheduled release and call for full-year 2025 financial results.

5. Jan 07

   Portfolio acquisition

   24h Move

   -0.5%

   Ravix Group acquisition of Ledgers to expand geographic reach and services.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

search fund model, adjusted EBITDA, stock ticker

3 terms

search fund model financial

"the only publicly-traded US company employing the Search Fund model to acquire"

An investment approach where an entrepreneur raises money from backers to hunt for, buy, and run one privately held company; investors fund both the search and the acquisition in exchange for an ownership stake. Think of it like hiring a scout to find and operate a promising small business: it can deliver outsized, long-term returns if the manager succeeds, but it is concentrated, hands-on, and usually illiquid, so investor selection and trust in the operator matter.

adjusted EBITDA financial

"With a majority of revenues and adjusted EBITDA now coming from our high-growth"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

stock ticker financial

"proposed stock ticker change to KWY, which are intended to better reflect"

A stock ticker is the short letter code used to identify a publicly traded share on exchanges and financial platforms, like a name tag or license plate for a company's stock. It matters to investors because it lets them quickly find prices, trading volume and news, place orders accurately, and avoid confusion between similarly named companies — making research and trading fast and unambiguous.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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-- Proposed Name Change to 'Kingsway Corporation' -
-- Proposed Stock Ticker Change to 'KWY' -
-- Name Change Subject to Shareholder Approval at 2026 Annual General Meeting --

CHICAGO, IL / ACCESS Newswire / March 31, 2026 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced its Board of Directors has approved a proposed corporate name change to Kingsway Corporation and a proposed stock ticker change to KWY, which are intended to better reflect the Company's business evolution and long-term strategy. The proposed name change is subject to shareholder approval at the Company's upcoming Annual General Meeting of shareholders scheduled for May 18, 2026.

"I am pleased to share the Company's proposed name change to Kingsway Corporation," said JT Fitzgerald, Kingsway's President and CEO. "We have consistently heard from investors that 'Kingsway Financial Services' no longer accurately describes the Company's operations and creates unnecessary confusion in the capital markets, particularly given our exit from the insurance business nearly a decade ago. This change is an important step towards simplifying and clarifying the Kingsway equity story.

"Following approval of the proposed name change, we intend to move expeditiously to effectuate both the name change and a stock ticker change to KWY. We also look forward to working closely with the major financial data and index providers to ensure the investment community can quickly and accurately understand Kingsway's business and strategy.

"With a majority of revenues and adjusted EBITDA now coming from our high-growth Kingsway Search Xcelerator segment, Kingsway has a compelling story to tell - and we look forward to communicating that story with greater clarity and to a broader investor audience."

About the Company

Kingsway Financial Services Inc. ("Kingsway") (NYSE:KFS) is the only publicly-traded US company employing the Search Fund model to acquire and build great businesses.

Kingsway owns and operates a collection of high-quality B2B and B2C services companies that are asset-light, growing, profitable, and that have recurring revenues. Kingsway seeks to compound long-term shareholder value on a per share basis via its decentralized management model, its talented team of operators, and its tax-advantaged corporate structure.

Forward-Looking Statements

This press release may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as "expects," "believes," "anticipates," "intends," "estimates," "seeks" and variations and similar words and expressions are intended to identify such forward-looking statements; however, the absence of any such words does not mean that a statement is a not a forward-looking statement. Such forward-looking statements relate to future events or future performance, but reflect Kingsway management's current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the section entitled "Risk Factors" in the Company's 2025 Annual Report on Form 10-K and subsequent Form 10-Qs and Form 8-Ks filed with the Securities and Exchange Commission. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Additional Information

Additional information about Kingsway, including a copy of its Annual Reports can be accessed on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov, on the Canadian Securities Administrators' website at www.sedar.com, or through the Company's website at www.kingsway-financial.com.

For Investor Inquiries:
Hayden IR
James Carbonara
(646) 755-7412
james@haydenir.com

For Company Inquiries:
Kingsway Financial Services Inc.
Kent Hansen, CFO
(312) 766-2163
khansen@kingsway-financial.com

SOURCE: Kingsway Financial Services, Inc.

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did Kingsway (KFS) propose on March 31, 2026?

Kingsway proposed changing its corporate name to Kingsway Corporation and its stock ticker to KWY. According to the company, the Board approved the proposal to better reflect business evolution and clarify the equity story.

When will Kingsway (KFS) shareholders vote on the proposed name change?

Shareholders will vote at the Annual General Meeting on May 18, 2026. According to the company, the name change is subject to shareholder approval at that meeting before the company proceeds.

If approved, when will Kingsway (KFS) change its ticker to KWY?

The company intends to move expeditiously to effectuate the ticker change to KWY after approval. According to the company, it will also coordinate with financial data and index providers to ensure accuracy.

Why is Kingsway (KFS) proposing the name and ticker change?

The change aims to simplify and clarify the company’s equity story and reflect strategic evolution. According to the company, 'Financial Services' no longer describes operations after exiting the insurance business nearly a decade ago.

How does the proposed name change relate to Kingsway’s business mix?

The company says a majority of revenues and adjusted EBITDA now come from the Kingsway Search Xcelerator segment. According to the company, the rebrand better aligns the corporate identity with current operations.

Could the proposed Kingsway (KFS) rebrand affect investors or market data?

Yes; the company expects to work with data and index providers to minimize disruption but acknowledges a transition period. According to the company, coordination aims to help investors quickly understand the business and strategy.