As previously disclosed in a press release on November 13, 2023, 180 Degree Capital's Board of Directors has set two measurement periods of 1) January 1, 2024 to December 31, 2024, and 2) January 1, 2025 to June 30, 2025, in which it will evaluate the average discount between TURN's estimated daily NAV and its closing stock price pursuant to a Discount Management Program. Should TURN's common stock trade at an average daily discount to NAV of more than 12% during either of these measurement periods, 180 Deg ...

"This transaction is a great example of what 180 Degree Capital means by constructive activism," added Daniel B. Wolfe, President of 180 Degree Capital. "Since our original investment in 2021, we developed a strong relationship with the impressive management team of SNCR. We welcomed the opportunity to join SNCR's Board of Directors in December 2023 when SNCR's common stock was trading at $4.66 because we believed that our complementary skill sets could help unlock value for all stakeholders of SNCR. We als ...

For over two years we have sent SCOR's Board a series of private and public letters that include a myriad of recommendations we believe it could take to maximize value for all of SCOR's stakeholders. Recently, we have stayed mostly silent as we were hopeful the nomination of Matt to join SCOR's Board was an indication that it takes its governance role seriously and that it would finally take action on other pressing items. After all, representatives of SCOR's Board with whom we have spoken with, primarily i ...

MONTCLAIR, N.J., June 03, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. ("180 Degree Capital") (NASDAQ:TURN), noted today that the average discount between its estimated daily net asset value per share ("NAV") and its daily closing stock price during May 2024 and year-to-date through the end of May 2024, were approximately 18% and 20%, respectively.1 This discount was approximately 19% on May 31, 2024. As previously disclosed in a press release on November 13, 2023, 180 Degree Capital's Board of Directo ...

财务数据和关键指标变化 - 公司现金和公开证券在本季度上涨5.4% [6] - 公司净资产价值(NAV)在本季度增加3% [6] 各条业务线数据和关键指标变化 - Synchronoss公司宣布出售其消息和数字资产,成为纯云业务 [9] - Quantum公司延迟提交财务报表,但更新了资产负债表并推出了新的人工智能产品 [10] - D-Wave公司推出了新的量子计算资源和合作伙伴关系 [11] - Lantronix公司由于一个计算项目延迟和分销渠道疲软,下调了全年业绩指引 [12][13] - Arena集团因未能支付许可费而失去了Sports Illustrated的许可权 [14][15] - ComScore公司未能达到15%的EBITDA目标,并且未能解决与Charter和优先股持有人的谈判问题 [16][17] 各个市场数据和关键指标变化 - 微型股市场自2022年11月开始下跌,与美联储加息周期的开始相吻合 [18][19][20][21][22] - 过去60年里,当联邦基金利率在4.9%或更高时,经济在84%的时间里实现增长,平均增速为3.3% [23][24] - 过去45年里,当联邦基金利率在4.9%或更高时,罗素2000指数有15次上涨,与利率低于4.9%时的16次上涨相当 [24] 公司战略和发展方向及行业竞争 - 公司正在采取积极的股东行动主义方式,与投资组合公司进行互动 [27][28][29][30][31][32] - 公司认为自己是一个独特的投资工具,集中投资于小盘股,采取主动管理和行动主义的方式 [33][34][35] 管理层对经营环境和未来前景的评论 - 管理层认为当前的悲观情绪已经过度,微型股的估值被严重低估 [25][41][42] - 管理层表示将继续密切关注公司股价与净资产价值的折价情况,并考虑采取回购、现金分红或要约收购等措施 [36][37][38][39] 问答环节重要的提问和回答 无

180 Degree Capital Corp (NASDAQ:TURN) Q4 2023 Earnings Conference Call February 21, 2024 9:00 AM ET Daniel Wolfe I would now like to turn the call over to Kevin. Over the last 2 years, we feel stupid, on the one hand, yet, on the other, we couldn't be more optimistic about what we own, that significant value appreciation is possible in the next few years. The fourth quarter of 2023 we hope was a start of what we believe will be a return to risk asset classes, including the microcap stocks in which we invest ...

We can debate opinions, but we can't debate facts. Every chart depicted above shows historically low valuations and significant underperformance for small cap stocks. While we are very comfortable with our view that our stocks have discounted a lot of bad news that quite simply has not occurred in 2023 maybe the news will come next year and maybe they won't. Either way, we expect the management teams of the companies we own to adapt to whatever environment we are in and we will use our collaborative and col ...

Please turn to the next slide. For Q2 '23, our regular operating expenses were approximately $879,000 versus $741,000 the prior year -- $741,000 in the prior year. We will maintain a lean cost structure outside of fixed expenses for being a public company and focusing our expenses on activities solely designed to enhance our investment performance or increase our revenues from managing outside capital. The increase in operating expenses this year was primarily due to the addition of Matt Epstein to our inve ...

1 Value Creation Through Constructive Activism Q2 2023 Shareholder Update Call August 15, 2023 Safe Harbor Statement This presentation may contain statements of a forward-looking nature relating to future events. Statements contained in this presentation that are forward-looking statements are intended to be made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to the inherent uncertainties in predicting future resul ...

180 Degree Capital Corp (NASDAQ:TURN) Q1 2023 Earnings Conference Call May 12, 2023 9:00 AM ET Company Participants Daniel Wolfe - President & Portfolio Manager Kevin Rendino - Chief Executive Officer & Portfolio Manager Conference Call Participants Daniel Wolfe Good morning and welcome to 180 Degree Capital Corp.'s First Quarter 2023 Financial Results Update Call. This is Daniel Wolfe, President and Portfolio Manager of 180 Degree Capital. Kevin Rendino, our Chief Executive Officer and Portfolio Manager, a ...