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Public market insider buying at The Westaim (V:WED)

Updated Thursday Jun 16, 2022 02:57 AM EDT

Parag Shah, a Subsidiary Executive, acquired 200,000 Common Shares on a direct ownership basis at a price of US$1.92 on June 14th, 2022. This represents a $496,896 investment into the company's shares and an account share holdings change of 8.7%.

The Westaim is in the Property & Casualty Insurance Sub Industry Group under the Financials Sector.

The Westaim Corporation is a Canada-based investment company. The Company is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. The Company's investments consist of Skyward Specialty, the Arena FINCOs and Arena Investors. Skyward Specialty is a diversified specialty property and casualty insurance holding company that underwrites select property, casualty, surety, and accident and health insurance coverages. Arena FINCOs include specialty finance companies that primarily purchase fundamentals-based, and asset-oriented credit investments. Arena Investors Group Holdings, LLC operates as an investment manager offering third-party client's access to primarily fundamentals-based, asset-oriented credit investments.

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Go to The Westaim Corporation (WED)'s company page

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