TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Cboe Canada: MLC) (âMount Loganâ or the âCompanyâ) announced today that, at the special meeting of shareholders of the Company convened on Friday, August 22, 2025 at 10:00 a.m. (Eastern Time) via live audio webcast (the âMeetingâ) and called for the purpose of considering and voting in respect of the various resolutions necessary to authorize the proposed business combination to combine Mount Logan and 180 Degree Capital Corp. (â180 Degree Capitalâ) under a new publicly traded company (âNew Mount Loganâ) to be listed on Nasdaq Capital Market (the âBusiness Combinationâ), after confirmation that quorum was present, no formal business was conducted and the Meeting was adjourned to August 29, 2025 at 9:00 a.m. (Eastern Time) (the âReconvened Meetingâ). The Reconvened Meeting will be held in a virtual only format which will be conducted via live audio webcast at https://meetings.lumiconnect.com/400-915-584-528Â (meeting
Related Questions
How will the adjournment affect shareholder voting dynamics and the likelihood of the deal receiving sufficient support?
What are the expected valuation impacts, potential dilution, and liquidity changes once the combined entity lists on the Nasdaq Capital Market?
What is the revised timeline for the business combination and what are the risks of further delays?