KINGSWAY AMERICA INC. Itasca, Illinois 60143 December 7, 2016Kingsway Financial Services Inc • December 9th, 2016 • Fire, marine & casualty insurance
This letter is being delivered in connection with the purchase from Kingsway America Inc. (“Seller”) by Ballantyne Strong, Inc. (“Purchaser”) of 100,000 shares of common stock, par value $0.001 (the “Securities”), of 1347 Property Insurance Holdings, Inc. (the “Company”) at a purchase price of $7.57 per share.
