180 Degree Capital Corp. Notes Average Discount of Net Asset Value Per Share to Stock Price for Second Month of Initial Measurement Period of its Discount Management Program
MONTCLAIR, N.J., March 01, 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 February 2024 and year-to-date through the end of February 2024, were approximately 25% and 23%, respectively.1 This discount was approximately 24% on February 29, 2024.