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Mount Logan Capital Enters Definitive Agreement To Combine With 180 Degree Capital In An All-stock Transaction At Estimated $113.6M Pro Forma Transaction Equity Value

Author: Benzinga Newsdesk | January 17, 2025 06:03am

The surviving entity is expected to be a Delaware corporation operating as Mount Logan Capital Inc. listed on Nasdaq under the symbol MLCI. 

Shareholders holding approximately 23% of the outstanding shares of Mount Logan and approximately 20% of 180 Degree Capital signed voting agreements supporting the Business Combination, and an additional 9% of Mount Logan and 7% of 180 Degree Capital shareholders have provided written non-binding indications of support for the Business Combination.


 

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