In other recent news, 180 Degree Capital Corp. announced an all-stock merger with Mount Logan Capital Inc., which will result in a combined entity operating under the name Mount Logan Capital Inc. The merger is expected to create a company with over $2.4 billion in assets under management and a focus on the private credit market and regulated insurance solutions. The agreement provides 180 Degree Capital shareholders with full net asset value at closing, and the new company plans to pay quarterly dividends, pending board approval. The ownership structure of the new entity will be approximately 40% for current 180 Degree Capital shareholders and 60% for current Mount Logan shareholders. Regulatory and shareholder approvals are required for the merger, with completion anticipated in mid-2025.