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Source Capital Inc

43.83

+0.06500.15%

Post-market: 43.830.00000.00%16:04 EDT

Volume:13.47K

Turnover:586.04K

Market Cap:360.51M

PE:9.18

High:44.22

Open:43.83

Low:42.87

Close:43.76

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Overview Company News Filings

Pacific Oak SOR Prepares for July 2025 Bondholder Meetings

Source Capital Inc. Announces Regular Monthly Distributions for June, July, and August 2025

Press Release: Source Capital Declares April and May 2025 Distribution on Common Stock

AAR's Component Services facility in Amsterdam ranked No.1 Best Source of Repair by NATO Support and Procurement Agency

Press Release: Strathcona Resources Ltd. Reports Year End 2024 Reserves, Fourth Quarter and Full Year 2024 Financial and Operating Results, and Announces Quarterly Dividend

Singapore banks complete interest rate benchmark transition to SORA

Marlton Partners: Beneficial Owners of About 4.6% of Outstanding Stock of 180 Degree Capital

THOMSON REUTERS

Marlton Partners: Turn Shareholders Should Also Insist on Transparency Around Board's Initial Process That Led to Mount Logan Proposal

THOMSON REUTERS

Marlton Partners: Nominates Three Candidates for Turn Board

THOMSON REUTERS

Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan

THOMSON REUTERS

Press Release: Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan

BRIEF-Source Capital Says It's Disappointed That BOD Of 180 Degree Rejected Source's Proposal

Source Capital - Source Remains Committed to a Potential Merger; Hopes to Work Constructively With Turn's Board of Directors

THOMSON REUTERS

Source Capital Responds to 180 Degree Capital Corp.

THOMSON REUTERS

Source Capital Responds to 180 Degree Capital Corp.

Marlton Partners: Beneficial Owners of Approximately 4.6% of Outstanding Stock of 180 Degree Capital Corp

THOMSON REUTERS

Marlton Partners Comments on Source Capital Proposal to Merge With 180 Degree Capital Corporation

THOMSON REUTERS

Marlton Partners Comments on Source Capital Proposal to Merge with 180 Degree Capital Corporation

Source Capital proposes merger with 180 Degree Capital

Source Capital: Propose That Turn Merge Into Co in an All-Stock Transaction

THOMSON REUTERS

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Pacific Oak SOR (BVI) Holdings, a subsidiary of Pacific Oak...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/pacific-oak-sor-prepares-for-july-2025-bondholder-meetings?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/pacific-oak-sor-prepares-for-july-2025-bondholder-meetings?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SOR"],"gpt_icon":0},{"id":"2539299619","title":"Source Capital Inc. Announces Regular Monthly Distributions for June, July, and August 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2539299619","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539299619?lang=en_us&edition=fundamental","pubTime":"2025-05-30 05:30","pubTimestamp":1748554211,"startTime":"0","endTime":"0","summary":"Source Capital Inc. has announced that its Board of Trustees approved maintaining the regular monthly distribution rate for its common stock at $0.2083 per share for June, July, and August 2025. The record dates are set for June 17, July 16, and August 14, 2025, with payable dates on June 30, July 31, and August 29, 2025, respectively.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Source Capital Inc. published the original content used to generate this news brief via Business Wire  on May 29, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL3D8xzq:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SOR"],"gpt_icon":0},{"id":"2521151415","title":"Press Release: Source Capital Declares April and May 2025 Distribution on Common Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2521151415","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521151415?lang=en_us&edition=fundamental","pubTime":"2025-03-21 07:57","pubTimestamp":1742515020,"startTime":"0","endTime":"0","summary":"The Board of Directors of Source Capital  , approved maintaining the Fund's regular monthly distribution rate for April and May 2025 as follows:. Month     Rate per Common Share   Record Date     Payable Date. April 2025         $0.2083         April 16, 2025  April 30, 2025. Source Capital is a closed-end investment company managed by First Pacific Advisors, LP. Its shares are listed on the New York Stock Exchange under the symbol \"SOR.\" The investment objective of the Fund is to seek maximum total return for shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. The Fund may invest in longer duration assets like dividend paying equities and illiquid assets like private loans in pursuit of its investment objective and is thus intended only for those investors with a long-term investment horizon .It is important to note that differences exist between the Fund's daily internal accounting records and practices, the ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NAV","SOR"],"gpt_icon":0},{"id":"2518363788","title":"AAR's Component Services facility in Amsterdam ranked No.1 Best Source of Repair by NATO Support and Procurement Agency","url":"https://stock-news.laohu8.com/highlight/detail?id=2518363788","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518363788?lang=en_us&edition=fundamental","pubTime":"2025-03-11 04:05","pubTimestamp":1741637100,"startTime":"0","endTime":"0","summary":"WOOD DALE, Ill., March 10, 2025 /PRNewswire/ -- AAR CORP. , a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced that its Component Services facility in Amsterdam has been named a \"Best Source of Repair\" and ranked number one among all component source of repair  facilities by the NATO Support and Procurement Agency and theInternational Aerospace Management Company . Both organizations manage maintenance work for NATO.AAR's Component Services facility in Amsterdam is recognized for its superior product quality, timely delivery, quality assurance services, and component support on the NATO Airborne Warning and Control System  fleet.\"We are honored to receive this prestigious recognition once again as a testament to the hard work, dedication, and passion of our entire team,\" said Arnold Koster, AAR's General Manager of Component Services – Amsterdam. \"We are proud of the work we deliver and strive to continue building on this success t","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/aars-component-services-facility-amsterdam-200500745.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/aars-component-services-facility-amsterdam-200500745.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["AIR","BK4572","SOR","IE00B7SZL793.SGD","BK4187","IE00B66KJ199.SGD","IE00B19Z4B17.USD","IE0031619046.USD","NATO"],"gpt_icon":0},{"id":"2517395933","title":"Press Release: Strathcona Resources Ltd. Reports Year End 2024 Reserves, Fourth Quarter and Full Year 2024 Financial and Operating Results, and Announces Quarterly Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=2517395933","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517395933?lang=en_us&edition=fundamental","pubTime":"2025-03-05 07:45","pubTimestamp":1741131900,"startTime":"0","endTime":"0","summary":"Strathcona Resources Ltd. Reports Year End 2024 Reserves, Fourth Quarter and Full Year 2024 Financial and Operating Results, and Announces Quarterly Dividend. Readers are advised to review the \"Presentation of Reserves and Other Oil and Gas Information\" and \"Non-GAAP Financial Measures and Ratios\" at the conclusion of this news release for information regarding the presentation of the reserves information, as well as certain oil and gas metrics, and certain financial measures that do not have standardized meaning under generally accepted accounting principles, contained in this news release. All amounts in this news release are stated in Canadian dollars unless otherwise specified.CALGARY, AB, March 4, 2025 /CNW/ - Strathcona Resources Ltd.   today reported its year end 2024 reserves and fourth quarter and full year 2024 financial and operational results. The Board of Directors also declared a quarterly dividend of $0.26 per common share to be paid on March 31, 2025 to all shareholders","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4232","SOR","BK4022","R"],"gpt_icon":0},{"id":"2514045418","title":"Singapore banks complete interest rate benchmark transition to SORA","url":"https://stock-news.laohu8.com/highlight/detail?id=2514045418","media":"Douglas Toh","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514045418?lang=en_us&edition=fundamental","pubTime":"2025-02-25 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exercise.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.theedgesingapore.com/news/banking-finance/singapore-banks-complete-interest-rate-benchmark-transition-sora?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"edge_highlight","symbols":["LU1620156213.USD","BK4086","BK4585","LU1165135440.EUR","LU1596574779.USD","LU2413666004.HKD","LU2413665964.HKD","SG9999001440.SGD","LU0170899867.USD","LU1543694498.USD","LU1721427968.SGD","IBG","BK4588","SOR","LU1620156130.USD","MAS"],"gpt_icon":0},{"id":"2510666353","title":"Marlton Partners: Beneficial Owners of About 4.6% of Outstanding Stock of 180 Degree 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That Led to Mount Logan Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2510353902","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510353902?lang=en_us&edition=fundamental","pubTime":"2025-02-12 02:30","pubTimestamp":1739298603,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250211:nTUAXQMWQ:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SOR","TURN","BK4135"],"gpt_icon":0},{"id":"2510353667","title":"Marlton Partners: Nominates Three Candidates for Turn 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Logan","url":"https://stock-news.laohu8.com/highlight/detail?id=2510353314","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510353314?lang=en_us&edition=fundamental","pubTime":"2025-02-12 02:30","pubTimestamp":1739298603,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250211:nTUAXQMWQ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4135","SOR","TURN"],"gpt_icon":0},{"id":"2510534243","title":"Press Release: Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan","url":"https://stock-news.laohu8.com/highlight/detail?id=2510534243","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510534243?lang=en_us&edition=fundamental","pubTime":"2025-02-12 02:30","pubTimestamp":1739298600,"startTime":"0","endTime":"0","summary":"Highlights Key Terms and Departures from Shareholder Interests. Questions Process and Motivations of 180 Degree Capital Corp.'s Board of Directors' Cavalier Rejection of the Alternative Source Capital Proposal. Highlights Need for Transparency from the TURN Board and a Fair Process to Allow Shareholders to Determine the Right Path Forward. Second, the Board has failed to provide shareholders an option to tender at net asset value , the most basic safeguard for shareholders in transactions of this nature, and one provided in almost every recent comparable deal in this space. When coupled with TURN's prolonged underperformance and total transformation of corporate structure, it makes not providing shareholders the option to receive cash at NAV even more unacceptable.The refusal to even speak with Source raises questions about whose interests are truly being served in this process. Could it be because TURN's management will continue employment with Mount Logan? Given these developments, t","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TURN","BK4135","SOR","NAV"],"gpt_icon":0},{"id":"2509141384","title":"BRIEF-Source Capital Says It's Disappointed That BOD Of 180 Degree Rejected Source's Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2509141384","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509141384?lang=en_us&edition=fundamental","pubTime":"2025-02-05 08:35","pubTimestamp":1738715703,"startTime":"0","endTime":"0","summary":"BRIEF-Source Capital Says It's Disappointed That BOD Of 180 Degree Rejected Source's ProposalFeb 4 (Reuters) - Source Capital Inc SOR.N:SOURCE CAPITAL RESPONDS TO 180 DEGREE CAPITAL CORP.SOURCE CAPITA","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250205:nFWN3OV1DD:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4135","TURN","SOR"],"gpt_icon":0},{"id":"2509414616","title":"Source Capital - Source Remains Committed to a Potential Merger; Hopes to Work Constructively With Turn's Board of Directors","url":"https://stock-news.laohu8.com/highlight/detail?id=2509414616","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509414616?lang=en_us&edition=fundamental","pubTime":"2025-02-05 08:32","pubTimestamp":1738715529,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250205:nFWN3OV1DD:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SOR"],"gpt_icon":0},{"id":"2509146194","title":"Source Capital Responds to 180 Degree Capital Corp.","url":"https://stock-news.laohu8.com/highlight/detail?id=2509146194","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509146194?lang=en_us&edition=fundamental","pubTime":"2025-02-05 08:32","pubTimestamp":1738715529,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250205:nFWN3OV1DD:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SOR"],"gpt_icon":0},{"id":"2509448323","title":"Source Capital Responds to 180 Degree Capital Corp.","url":"https://stock-news.laohu8.com/highlight/detail?id=2509448323","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509448323?lang=en_us&edition=fundamental","pubTime":"2025-02-05 08:31","pubTimestamp":1738715460,"startTime":"0","endTime":"0","summary":"LOS ANGELES, February 05, 2025----Source Capital , a closed-end fund , is disappointed that the Board of Directors of 180 Degree Capital Corp.   quickly rejected Source’s non-binding initial proposal in three business days without any dialogue with Source to reach an agreement that would maximize value for all TURN shareholders.The market reacted positively to Source’s proposal, and at least one of TURN’s large shareholders has publicly urged TURN to engage with Source.Source remains committed to a potential merger and hopes to work constructively with TURN’s Board of Directors.Source, its trustees, certain of its executive officers and certain employees and officers of FPA may be deemed to be participants in the solicitation of proxies in connection with the merger. Information about Source, its trustees, certain of its executive officers and certain employees and officers of FPA will, if an agreement i","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/source-capital-responds-180-degree-003100335.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["TURN","SOR","BK4135"],"gpt_icon":0},{"id":"2506587618","title":"Marlton Partners: Beneficial Owners of Approximately 4.6% of Outstanding Stock of 180 Degree Capital Corp","url":"https://stock-news.laohu8.com/highlight/detail?id=2506587618","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506587618?lang=en_us&edition=fundamental","pubTime":"2025-01-28 05:05","pubTimestamp":1738011903,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250127:nTUA8G1YZY:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4135","SOR","TURN"],"gpt_icon":0},{"id":"2506587521","title":"Marlton Partners Comments on Source Capital Proposal to Merge With 180 Degree Capital Corporation","url":"https://stock-news.laohu8.com/highlight/detail?id=2506587521","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506587521?lang=en_us&edition=fundamental","pubTime":"2025-01-28 05:05","pubTimestamp":1738011903,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250127:nTUA8G1YZY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4135","SOR","TURN"],"gpt_icon":0},{"id":"2506258768","title":"Marlton Partners Comments on Source Capital Proposal to Merge with 180 Degree Capital Corporation","url":"https://stock-news.laohu8.com/highlight/detail?id=2506258768","media":"PR Newswire","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506258768?lang=en_us&edition=fundamental","pubTime":"2025-01-28 05:05","pubTimestamp":1738011900,"startTime":"0","endTime":"0","summary":"Calls on 180 Capital Corp's Board of Directors to Engage with Source and Pursue Best Path to Maximize Shareholder Value. CHICAGO, Jan. 27, 2025 /PRNewswire/ -- Marlton Partners L.P. , beneficial owners of approximately 4.6% of the outstanding stock of 180 Degree Capital Corp.  , today issued the following statement calling on the TURN Board of Directors  to engage with Source Capital   and consider its proposed merger with TURN as announced on January 24, 2025.TURN's chronic underperformance and large discount to net asset value are what originally compelled our engagement with the Company over the past year and drove us to ultimately nominate three highly-qualified candidates for election to TURN's Board. Those three director nominees are: James Elbaor, Gabi Gliksberg and Aaron Morris.This material does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in any state to any person. 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