Filing Details
- Accession Number:
- 0001654954-19-003053
- Form Type:
- 13G Filing
- Publication Date:
- 2019-03-21 17:29:21
- Filed By:
- Yorkmont Capital Partners, Lp
- Company:
- Kingsway Financial Services Inc (NYSE:KFS)
- Filing Date:
- 2019-03-21
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Yorkmont Capital Partners | 980,000 | 0 | 980,000 | 0 | 980,000 | 4.4% |
| Yorkmont Capital Management | 1,062,600 | 0 | 1,062,600 | 0 | 1,062,600 | 4.7% |
| Graeme P. Rein | 1,062,600 | 0 | 1,062,600 | 0 | 1,062,600 | 7.6% |
Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)
Under the Securities Exchange Act of 1934
| |
KINGSWAY FINANCIAL SERVICES, INC. | |
| |
(Name of Issuer) | |
| | | |
| |
COMMON STOCK | |
| |
(Title of Class of Securities) | |
| | | |
| |
496904202 | |
| |
(CUSIP Number) | |
| | | |
| | 3/21/19 | |
| | (Date
of Event Which Requires Filing of this
Statement) | |
| | | |
Check the appropriate box to designate the rule pursuant
to which this Schedule is filed
| ☐ |
Rule 13d-1(b) |
| ☒ |
Rule 13d-1(c) |
| ☐ |
Rule 13d-1(d) |
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of
the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however,
see the Notes).
CUSIP No. 45772H202
|
1. |
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities
only).
Yorkmont Capital Partners, LP
80-0835231 | |
|
2. |
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) ☐
(b) ☒ | |
|
3. |
SEC Use Only | |
|
4. |
Citizenship of Place of Organization
Texas | |
|
Number of Shares
Beneficially
Owned by Each
Reporting Person
With |
5. |
Sole Voting Power
980,000 |
|
6. |
Shared Voting Power
0 | |
|
7. |
Sole Dispositive Power
980,000 | |
|
8. |
Shared Dispositive Power
0 | |
|
9. |
Aggregate Amount Beneficially Owned by each Reporting
Person
980,000 | |
|
10. |
Check if the Aggregate Amount in Row (9) Excludes Certain
Shares ☐ | |
|
11. |
Percent of Class Represented by Amount in Row 9
4.4% | |
|
12. |
Type of Reporting Person (See Instructions)
PN | |
2
CUSIP No. 45772H202
|
1. |
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities
only).
Yorkmont Capital Management, LLC
45-5389822 | |
|
2. |
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) ☐
(b) ☒ | |
|
3. |
SEC Use Only | |
|
4. |
Citizenship of Place of Organization
Texas | |
|
Number of Shares
Beneficially
Owned by Each
Reporting Person
With |
5. |
Sole Voting Power
1,062,600 |
|
6. |
Shared Voting Power
0 | |
|
7. |
Sole Dispositive Power
1,062,600 | |
|
8. |
Shared Dispositive Power
0 | |
|
9. |
Aggregate Amount Beneficially Owned by each Reporting
Person
1,062,600 | |
|
10. |
Check if the Aggregate Amount in Row (9) Excludes Certain
Shares ☐ | |
|
11. |
Percent of Class Represented by Amount in Row 9
4.7% | |
|
12. |
Type of Reporting Person (See Instructions)
IA | |
3
CUSIP No. 45772H202
|
1. |
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities
only).
Graeme P. Rein | |
|
2. |
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) ☐
(b) ☒ | |
|
3. |
SEC Use Only | |
|
4. |
Citizenship of Place of Organization
United States of America | |
|
Number of Shares
Beneficially
Owned by Each
Reporting Person
With |
5. |
Sole Voting Power
1,062,600 |
|
6. |
Shared Voting Power
0 | |
|
7. |
Sole Dispositive Power
1,062,600 | |
|
8. |
Shared Dispositive Power
0 | |
|
9. |
Aggregate Amount Beneficially Owned by each Reporting
Person
1,062,600 | |
|
10. |
Check if the Aggregate Amount in Row (9) Excludes Certain
Shares ☐ | |
|
11. |
Percent of Class Represented by Amount in Row 9
7.6% | |
|
12. |
Type of Reporting Person (See Instructions)
IN | |
4
ITEM 1:
(a) Name of Issuer:
Kingsway Financial Services, Inc.
(b) Address of Issuer’s
Principal Executive Offices:
150 E. Pierce Rd., Itasca, IL 60143
ITEM 2:
(a) Name of Person Filing:
This
Statement 13G is being filed jointly by Yorkmont Capital Partners,
LP, Yorkmont Capital Management, LLC, and Graeme P. Rein. Graeme P.
Rein is the managing member of Yorkmont Capital Management, LLC,
which is the general partner of Yorkmont Capital Partners,
LP.
(b) Address of Principal Business Office or, if None,
Residence:
2313 Lake Austin Blvd. Suite 202, Austin, TX
78703
(c) Citizenship:
Yorkmont Capital Partners, LP, is a Texas limited
partnership
Yorkmont Capital Management, LLC, is a Texas limited liability
company
Graeme P. Rein is a citizen of the United States of
America.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
496904202
5
ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO
§§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE
PERSON FILING IS A:
| |
(a) |
☐ |
Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o); |
| | | | |
| |
(b) | ☐ |
Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c); |
| | | | |
| |
(c) | ☐ |
Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c); |
| | | | |
| |
(d) | ☐ |
Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C 80a-8); |
| | | | |
| |
(e) | ☐ |
An investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E); |
| | | | |
| |
(f) | ☐ |
An employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
| | | | |
| |
(g) | ☐ |
A parent holding company or control person in accordance with
§ 240.13d-1(b)(1)(ii)(G); |
| | | | |
| |
(h) | ☐ |
A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813); |
| | | | |
| |
(i) | ☐ |
A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3); |
| | | | |
| |
(j) | ☐ |
A non-U.S. institution, in accordance with
§240.13d-1(b)(1)(ii)(J); |
| | | | |
| |
(k) | ☐ |
Group, in accordance with
§240.13d-1(b)(1)(ii)(K). |
| | | |
If filing as a non-U.S. institution in accordance with
§240.13d-1(b)(1)(ii)(J), please specify the type of
institution: ___________________________. |
6
ITEM 4: OWNERSHIP.
Yorkmont Capital Partners, LP
(a) Amount beneficially owned: 980,000
shares
(b) Percent of class: 4.4% (based on 22,380,178 shares outstanding as of November 9,
2018 as reported in the Issuer’s most recently reported 10Q,
filed on November 9, 2018.)
(c) Number of shares as to which the person
has:
| |
(i) |
Sole power to vote or to direct the vote: 980,000 | | |
| |
(ii) |
Shared power to vote or to direct the vote: 0 | | |
| |
(iii) |
Sole power to dispose or to direct the disposition of:
980,000 | | |
| |
(iv) |
Shared power to dispose or to direct the disposition of:
0 | | |
Yorkmont Capital Management, LLC
(a) Amount beneficially owned: 1,062,600
shares
(b) Percent of class: 4.7% (based on 22,380,178 shares outstanding as of November 9,
2018 as reported in the Issuer’s most recently reported 10Q,
filed on November 9, 2018.)
(c) Number of shares as to which the person
has:
| |
(i) |
Sole power to vote or to direct the vote: 1,062,600 | | |
| |
(ii) |
Shared power to vote or to direct the vote: 0 | | |
| |
(iii) |
Sole power to dispose or to direct the disposition of:
1,062,600 | | |
| |
(iv) |
Shared power to dispose or to direct the disposition of:
0 | | |
Graeme P. Rein
(a) Amount beneficially owned: 1,062,600
shares
(b) Percent of class: 4.7% (based on 22,380,178 shares outstanding as of November 9,
2018 as reported in the Issuer’s most recently reported 10Q,
filed on November 9, 2018.)
(c) Number of shares as to which the person
has:
| |
(i) |
Sole power to vote or to direct the vote: 1,062,600 | | |
| |
(ii) |
Shared power to vote or to direct the vote: 0 | | |
| |
(iii) |
Sole power to dispose or to direct the disposition of:
1,062,600 | | |
| |
(iv) |
Shared power to dispose or to direct the disposition of:
0 | | |
ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A
CLASS.
Not Applicable.
ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON
BEHALF OF ANOTHER PERSON.
Not Applicable.
ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY
THE PARENT HOLDING COMPANY.
Not Applicable.
ITEM 8: IDENTIFICATION AND CLASSIFICATION OF
MEMBERS OF THE GROUP.
Not Applicable.
ITEM 9: NOTICE OF DISSOLUTION OF
GROUP.
Not Applicable.
ITEM 10: CERTIFICATIONS.
7
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
|
Dated: March 21, 2019 | |
YORKMONT CAPITAL PARTNERS, LP | |
| | | | |
| |
By: |
YORMONT CAPITAL MANAGEMENT,LLC
its General Partner | |
| | | | |
| |
By: |
/s/ Graeme P. Rein | |
| | |
Graeme P. Rein, General Partner | |
| | | | |
| | | | | |
| | |
YORKMONT CAPITAL MANAGEMENT, LLC | | |
| | | | | |
| |
By: |
/s/ Graeme P. Rein | | |
| | |
Graeme P. Rein, Managing Member | | |
| | | | | |
| | | | |
| | |
GRAEME P. REIN | |
| | | | |
| |
By: |
/s/ Graeme P. Rein | |
| | |
Graeme P. Rein | |
| | | | |
8
CUSIP No. 45772H202
EXHIBIT A
JOINT FILING AGREEMENT
The undersigned hereby agree that the Statement on Schedule 13G/A
dated February 12, 2019 with respect to the shares of Common Stock
of Innovative Food Holdings, Inc. and any further amendments
thereto executed by each and any of the undersigned shall be filed
on behalf of each of the undersigned pursuant to and in accordance
with the provisions of Rule 13(d)-1(k)(1) under the Securities
Exchange Act of 1934, as amended.
|
Dated: March 21, 2019 | |
YORKMONT CAPITAL PARTNERS, LP | |
| | | | |
| |
By: |
YORMONT CAPITAL MANAGEMENT,LLC
its General Partner | |
| | | | |
| |
By: |
/s/ Graeme P. Rein | |
| | |
Graeme P. Rein, General Partner | |
| | | | |
| | | | | |
| | |
YORKMONT CAPITAL MANAGEMENT, LLC | | |
| | | | | |
| |
By: |
/s/ Graeme P. Rein | | |
| | |
Graeme P. Rein, Managing Member | | |
| | | | | |
| |
GRAEME P. REIN | | |
| | | | |
| |
By: |
/s/ Graeme P. Rein | |
| | |
Graeme P. Rein | |
9