In a recent transaction, Pendinas Ltd, a ten percent owner of Kidoz Inc. (OTC:KDOZF), acquired 15,000 common shares of the company. The shares were purchased at a price of $0.127 each, amounting to a total transaction value of $1,905. The purchase comes as Kidoz, currently valued at $11.63 million, has shown strong momentum with a 43% return over the past week. According to InvestingPro analysis, the stock appears to be trading above its Fair Value. Following this acquisition, Pendinas Ltd holds a total of 27,899,464 shares in Kidoz Inc.
The transaction, dated January 23, 2025, was reported in a filing with the Securities and Exchange Commission (SEC). Pendinas Ltd's acquisition reflects its continued investment in Kidoz Inc., a company known for its involvement in the amusement and recreation services sector.
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