180 Degree Capital Corp. and Mount Logan Capital Inc. Announce Agreement to Merge in All-Stock, Transformative Transaction Establishing a US-Exchange Listed Alternative Asset Management and Insurance Solutions Platform with Over $2.4 Billion in Assets

180 Degree Capital Shareholders to Receive Full Net Asset Value (“NAV”) at Closing in Stock of the Merged Company

Support secured from approximately 20% of 180 Degree Capital and 23% of Mount Logan shareholders through voting agreements with additional indicative support from certain other shareholders

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