Associated Capital Group Sets Registration Date for 2024 Shareholder Designated Charitable Contribution

Group 1 - Associated Capital Group, Inc. has set October 18, 2024, as the registration date for its 2024 Shareholder Designated Charitable Contribution (SDCC) of $0.20 per share for all registered Class A and Class B shareholders [1][2] - The total estimated contribution based on 21.4 million outstanding shares will be approximately $4.3 million, with forms provided to registered holders to designate recognized 501(c)(3) charitable organizations by December 6, 2024 [2] - Since becoming a public company, shareholders of Associated Capital have donated approximately $42 million to over 190 different charities addressing various local, national, and international concerns [2] Group 2 - Associated Capital is a diversified global financial services company based in Greenwich, Connecticut, providing alternative investment management through Gabelli & Company Investment Advisers, Inc. [3] - The company has earmarked proprietary capital for its direct investment business, which includes Gabelli Private Equity Partners, LLC, formed in August 2017 with $150 million of authorized capital, and Gabelli Principal Strategies Group, LLC, created in December 2015 [3]