Mount Logan Capital is commencing a tender offer to purchase for cash up to $15 million of its common stock, par value $0.001, referred to herein as "common stock" or "shares," or approximately 1,590,600 shares of its common stock, at a price of $9.43 per share. The closing price of the Company's common stock on December 26, the last full trading day before the commencement of the tender offer, was $8.26 per share. The 1,590,600 shares sought in the tender offer represent approximately 12% of the Company's shares of common stock currently outstanding. The offer price represents a substantial premium to Mount Logan's share price as of December 29 and is an 8% discount to Mount Logan's book equity value of $10.26 per share as of September 30. he tender offer will expire at 5:00 p.m., New York City time, on February 2, 2026.
Mount Logan Capital Inc. is a diversified alternative asset management and insurance solutions platform. The Company raises, invests and manages funds, accounts and other vehicles with an emphasis on private credit and private market solutions. The Company provides investment advisory and management services to multiple diversified investment vehicles. These vehicles are primarily focused on middle-market North American and European direct and indirect private loan origination across the capital structure, as well as corporate credit, specialty finance, and other mandates across managed accounts and collateralized loan obligations (CLOs). Through its SEC-registered investment advisers (RIAs), the Company seeks to provide a full credit cycle investment offering. The Company reinsures annuity products, consisting of multi-year guaranteed annuities (MYGA). The Company's subsidiaries include 180 Degree Capital Corp. and Mount Logan Capital Intermediate LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
