180 Degree Capital Corp. Notes Accident Involving its Chief Executive Officer, Kevin M. Rendino

Company Overview - 180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in undervalued small publicly traded companies with potential for significant turnarounds [1] - The company's strategy involves providing value-added assistance through constructive activism to achieve a reversal in share price direction, referred to as a 180-degree turn [1] Recent Developments - On July 24, 2024, it was announced that the Chief Executive Officer and Co-Portfolio Manager, Kevin M. Rendino, was involved in an accident and is currently receiving treatment [5] - The prognosis for his recovery is positive, and the company is providing updates as more information becomes available [5] - Business operations at 180 Degree Capital remain fully operational under the management of Daniel B. Wolfe, the President and Co-Portfolio Manager [5]