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Friday, September 12, 2025

Equity Corporate Actions Alert #2025 - 505
(UPDATED: Closed) Information Regarding the Business Combination of 180 Degree Capital Corp. (TURN) and Mount Logan Capital Inc.

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  • Industry Announcement

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The business combination of 180 Degree Capital Corp. (TURN) and Mount Logan Capital Inc. closed today, September 12, 2025. As a result of the business combination, the Common Stock of 180 Degree Capital Corp. Common Stock (TURN) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: 180 Degree Capital Corp. Common Stock
CUSIP#: 68235B208
Symbol: TURN
Last Trading Date: September 12, 2025
Marketplace Effective Date for Suspension: September 15, 2025
Merger Consideration: 0.56666201 shares of Mount Logan Capital Inc. (MLCI) for each share held.

As a result of the merger the combined company will list the Common Stock (MLCI) on the Nasdaq Capital Market. The details are as follows:

Company Name/Issue: Mount Logan Capital Inc. Common Stock
CUSIP#: 62188E103
Symbol: MLCI
Marketplace Effective Date: September 15, 2025

If you would like to register as a market maker in MLCI contact Nasdaq Trading Services at +1 212 231 5100.


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