Added to YB: 2025-09-09
Pitch date: 2025-09-04
TURN [neutral]
180 Degree Capital Corp.
+3.33%
current return
Author Info
Clark Street Value is a special sits/event-driven investor. Sign up for the newsletter.
Company Info
180 Degree Capital Corp. is a publicly owned investment manager. It primarily provides its services to pension and profit sharing plans.
Market Cap
$46.5M
Pitch Price
$4.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.03
P/E
16.25
EV/Sales
94.11
Sector
Capital Markets
Category
special_situation
180 Degree Capital: Merger w/ Mount Logan Capital, Tender Offer, Questions Remain
TURN (special sit overview): Merging w/ Mount Logan Capital (MLC) at 110% NAV, creating MCLI on NASDAQ. MLC projects ambitious FRE growth to $19.2M by 2026 vs $67.4M valuation (3.5x). Post-close $15M tender at NAV (~$5/share) + $10M buyback program. Risky small-cap credit manager play but downside protected by tender.
Read full article (3 min)