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Pendinas Ltd acquires shares in Kidoz Inc. for $169

Published 28/02/2025, 00:54
Pendinas Ltd acquires shares in Kidoz Inc. for $169
KDOZF
-5.83%

Pendinas Ltd, a ten percent owner of Kidoz Inc. (OTC:KDOZF), has increased its stake in the $22.31 million market cap company by purchasing 1,000 shares of common stock. The transaction, executed on February 27, 2025, was completed at a price of $0.1699 per share, resulting in a total expenditure of $169. The purchase comes amid strong momentum for KDOZF, which has delivered a 175% return over the past year and is currently trading in line with its InvestingPro Fair Value. Following this acquisition, Pendinas Ltd holds a total of 27,919,464 shares in Kidoz Inc.

The transaction was disclosed in a filing with the Securities and Exchange Commission, underscoring Pendinas Ltd’s continued investment in the company. Kidoz Inc. is known for its services in the amusement and recreation sector, and this acquisition may reflect confidence in its future performance.

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