180 Degree Capital Corp. has released its latest financial results, highlighting significant changes in its investment portfolio. The company, which operates as an internally managed registered closed-end fund, reported gross total returns with varying performance across different indices. For instance, the Russell Microcap Value Index reported a decline of 11.3%, while the Russell 2000 Index decreased by 9.5%. In contrast, the Lipper Peer Group Average showed a lesser decline of 10.1%. In terms of specific investments, 180 Degree Capital Corp. highlighted several key figures: a $2.0 million investment in ACNT, $5.5 million in AIRG, and $12.4 million in SYNC, among others. The company also noted the completion of an IPO for MRSN in June 2017, using the stock's closing price before the lockup expiration as a performance measure. Moreover, AREN was mentioned for including liquidated damages converted into shares at $0.63 per share in January 2022. The report underscores the company's focus on legacy privately held investments, which contribute to its expense structure. There was no specific mention of net income or earnings per share variations in the current results. 180 Degree Capital Corp. continues to evaluate its portfolio, aligning with its investment strategy focused on publicly traded companies since its business transition in 2017.
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