Kingsway to offer $75 million in shares

Toronto-based Kingsway Financial Services (TSE: KFS, NYSE: KFS) has announced it hopes to offer $75 million in common shares, with a 15% overallotment on both the U.S. and Canadian markets.
A prospectus has been filed with the Canadian securities regulator, and a registration statement in the U.S. to this effect.
The offering of common shares will be handled by a syndicate of underwriters including CIBC World Markets, Scotia Capital, Advest Inc. and Raymond James & Associates.