SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of 180 Degree Capital Corp. (TURN)

Bala Cynwyd, Pennsylvania--(Newsfile Corp. - March 26, 2025) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of 180 Degree Capital Corp. ("180 Degree" or the "Company") (NASDAQ: TURN) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the merger of the Company with Mount Logan Capital Inc. ("Mount Logan"). Under the terms of the deal, shareholders of each of 180 Degree Capital and Mount Logan will receive an amount of newly issued shares of common stock of New Mount Logan based on the ratio of the net asset value ("NAV") per share of 180 Degree Capital relative to a valuation of Mount Logan of $67.4 million at signing, subject to certain pre-closing adjustments. The estimated pro forma post-merger shareholder ownership would be approximately 40% for current 180 Degree Capital shareholders and 60% for current Mount Logan shareholders.