MLCI News & Events

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 has initiated the steps necessary to commence the tender offer to repurchase $15M of Mount Logan's common stock. Ted Goldthorpe, CEO, said, "We appreciate shareholders' patience as we prepare to launch our tender offer, integrate the TURN acquisition, and create a scalable platform for the future. We expect to launch the tender on or before the end of the first week of January 2026 and conclude approximately 20-business days thereafter. We look forward to updating shareholders on the progress of the tender in the coming weeks."

Mount Logan Capital announced that its common stock began trading on the Nasdaq Capital Market on Monday, September 15, 2025, under the ticker symbol "MLCI." The start of trading follows the successful closing of Mount Logan's strategic, all-stock Business Combination with 180 Degree Capital Corp. on Friday, September 12, 2025 As previously disclosed, shares of Mount Logan on Cboe Canada were halted effective as of the close on September 11, 2025, and the Company has been formally delisted from Cboe Canada as of September 12, 2025.