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Marlton Partners Comments on 180 Degree Capital Corp. and Mount Logan Capital Inc. Business Combination
The merger values the combined company at $122.7 million with Mount Logan shareholders holding 56.4%, creating a U.S.-based alternative asset management and insurance platform.
- Mount Logan Capital Inc. and 180 Degree Capital Corp. completed an all-stock business combination on September 12, 2025, creating New Mount Logan Capital Inc. based in the U.S.
- The combination followed shareholder approvals in August 2025 and aimed to build a stronger, diversified alternative asset management and insurance platform with enhanced U.S. market access.
- Trading of Mount Logan shares halted on September 11, 2025, with formal delisting from Cboe Canada scheduled for September 12; the combined company expects to begin Nasdaq trading under ticker MLCI on September 15.
- The business combination valued Mount Logan at around US$67.4 million at signing, culminating in a final merger valuation near US$122.7 million and a share price of US$9.43. Following the merger, the company intends to initiate liquidity initiatives, beginning with a US$15 million tender offer for common shares.
- Executives expressed gratitude for support and outlook optimism, emphasizing opportunities for growth, shareholder value creation, and increased liquidity as a Nasdaq-listed company despite associated business and market risks.
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Leaning Left3Leaning Right2Center18Last UpdatedBias Distribution78% Center
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- 78% of the sources are Center
78% Center
13%
C 78%
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