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In a recent filing with the Securities and Exchange Commission, Kidoz Inc. (OTC:KDOZF) disclosed that Pendinas Ltd, a significant shareholder, acquired additional shares in the company. On April 28, 2025, Pendinas Ltd purchased a total of 5,000 shares of Kidoz Inc. common stock. The acquisitions were made in two separate transactions, with 3,000 shares bought at a price of $0.25 per share and 2,000 shares at $0.255 per share. This brings the total value of the transactions to $1,260. The purchase prices represent a premium to the current market price of $0.22, suggesting confidence in the company’s prospects. According to InvestingPro analysis, Kidoz appears undervalued based on its Fair Value estimate.
Following these acquisitions, Pendinas Ltd holds a total of 27,934,392 shares in Kidoz Inc. The purchases reflect the ongoing interest and investment by major shareholders in the company, coming at a time when Kidoz demonstrates strong financial health with a perfect Piotroski Score of 9. The company’s stock has shown remarkable momentum, gaining over 615% in the past six months. With earnings scheduled for May 23, InvestingPro subscribers can access 14 additional key insights about Kidoz’s financial position and growth prospects.
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