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In a recent transaction, Pendinas Ltd., a ten percent owner of Kidoz Inc. (OTC: ), acquired 15,000 of the company’s common shares. The shares were purchased at $0.127 each, for a total transaction value of $1,905. The purchase comes as Kidoz, which is currently valued at $11.63 million, has shown strong momentum with a 43% return over the past week. As he says Invest Pro Analysis, the stock appears to be trading above fair value. Following this acquisition, Pendinas Limited holds a total of 27,899,464 shares in Kidoz Inc.
The transaction was reported to the Securities and Exchange Commission (SEC) on January 23, 2025. The acquisition of Pendinas Limited by Kidoz Inc., a company known for its involvement in the entertainment and leisure services sector.
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