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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 682358109 (prev. 413833104 )
- Market Cap
- Micro Cap
- Previous Symbol
- TINY (changed 3/27/2017)
- Previous Name
- Harris & Harris Group, Inc.
Fund Description: 180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn.
Notes: March 24, 2017 -- Harris & Harris Group, Inc. (NASDAQ: TINY) reported today that it has filed an amendment to its Certificate of Incorporation to change its corporate name to 180 Degree Capital Corp. This amendment was filed following receipt of the required votes from its shareholders at a Special Meeting of Shareholders held today. Additionally, the Company announced that its common stock will begin trading on the NASDAQ stock market under the new symbol of TURN on March 27, 2017. The Company will also be launching a new website that will be accessible at www.180degreecapital.com. The Company also announced that it received the required support from shareholders to enable the Board of Directors to withdraw the Company's election to be treated as a business development company under the Investment Company Act of 1940, as amended. The Company plans to file the withdrawal notice with the Securities and Exchange Commission in conjunction with its registration as a registered closed-end fund under the 1940 Act on or before March 31, 2017.
Company Contact
- CEO
- Kevin M. Rendino
- CFO
- Daniel B. Wolfe
- Headquarters
- 7 N. Willow Street, Suite 4B, Montclair, NJ 07042
- Phone
- 973-746-4500
- Fax
- 973-746-4508
- Investor Relations
- Daniel B. Wolfe · 973-746-4500 · ir@180degreecapital.com