180 Degree Capital Corp. Notes Accident Involving its Chief Executive Officer, Kevin M. Rendino
180 Degree Capital Corp. (NASDAQ:TURN) has announced that its CEO and Co-Portfolio Manager, Kevin M. Rendino, was involved in an accident and is currently receiving treatment. His doctors report a positive recovery prognosis. The company's operations continue as usual under the management of Daniel B. Wolfe, President and Co-Portfolio Manager.
While the company has not provided specific details about the accident or Rendino's injuries, they have assured stakeholders that business operations remain in full force. 180 Degree Capital Corp. has stated that they will provide updates as more information becomes available.
180 Degree Capital Corp. (NASDAQ:TURN) ha annunciato che il suo CEO e Co-Portfolio Manager, Kevin M. Rendino, è stato coinvolto in un incidente e attualmente sta ricevendo trattamento. I suoi medici segnalano una prognosi di recupero positiva. Le operazioni dell'azienda continuano come al solito sotto la gestione di Daniel B. Wolfe, Presidente e Co-Portfolio Manager.
Sebbene l'azienda non abbia fornito dettagli specifici sull'incidente o sulle lesioni di Rendino, ha assicurato agli stakeholder che le operazioni commerciali rimangono a pieno regime. 180 Degree Capital Corp. ha dichiarato che fornirà aggiornamenti non appena saranno disponibili ulteriori informazioni.
180 Degree Capital Corp. (NASDAQ:TURN) ha anunciado que su CEO y Co-Portfolio Manager, Kevin M. Rendino, estuvo involucrado en un accidente y actualmente está recibiendo tratamiento. Sus médicos informan de un pronóstico de recuperación positivo. Las operaciones de la empresa continúan con normalidad bajo la gestión de Daniel B. Wolfe, Presidente y Co-Portfolio Manager.
Aunque la empresa no ha proporcionado detalles específicos sobre el accidente o las lesiones de Rendino, ha asegurado a las partes interesadas que las operaciones comerciales siguen en plena marcha. 180 Degree Capital Corp. ha declarado que proporcionarán actualizaciones a medida que la información esté disponible.
180 Degree Capital Corp. (NASDAQ:TURN)는 CEO이자 공동 포트폴리오 매니저인 Kevin M. Rendino가 사고에 연루되어 현재 치료를 받고 있다고 발표했습니다. 그의 의사들은 긍정적인 회복 전망을 보고하고 있습니다. 회사의 운영은 Daniel B. Wolfe 사장 겸 공동 포트폴리오 매니저의 관리하에 평상시처럼 계속되고 있습니다.
회사는 사고에 대한 구체적인 세부 사항이나 Rendino의 부상에 대해 제공하지 않았지만, 이해관계자들에게 사업 운영이 정상적으로 이루어진다고 확신시켰습니다. 180 Degree Capital Corp.는 추가 정보가 확보되는 대로 업데이트를 제공할 것이라고 밝혔습니다.
180 Degree Capital Corp. (NASDAQ:TURN) a annoncé que son CEO et Co-Portfolio Manager, Kevin M. Rendino, a été impliqué dans un accident et reçoit actuellement des traitements. Ses médecins signalent un pronostic de récupération positif. Les opérations de l’entreprise se poursuivent normalement sous la direction de Daniel B. Wolfe, Président et Co-Portfolio Manager.
Bien que l’entreprise n’ait pas fourni de détails spécifiques sur l’accident ou les blessures de Rendino, elle a assuré aux parties prenantes que les opérations commerciales restent pleinement actives. 180 Degree Capital Corp. a déclaré qu’elle fournirait des mises à jour dès que des informations supplémentaires seront disponibles.
180 Degree Capital Corp. (NASDAQ:TURN) hat bekannt gegeben, dass sein CEO und Co-Portfolio-Manager, Kevin M. Rendino, in einen Unfall verwickelt war und derzeit behandelt wird. Seine Ärzte berichten von einer positiven Prognose für die Genesung. Die Geschäfte des Unternehmens laufen wie gewohnt unter der Leitung von Daniel B. Wolfe, Präsident und Co-Portfolio-Manager.
Obwohl das Unternehmen keine spezifischen Details zum Unfall oder zu Rendinos Verletzungen bereitgestellt hat, hat es den Stakeholdern versichert, dass die Geschäftstätigkeit voll umfänglich weitergeführt wird. 180 Degree Capital Corp. hat erklärt, dass sie Aktualisierungen bereitstellen werden, sobald weitere Informationen verfügbar sind.
- Business operations continue as usual under management of President and Co-Portfolio Manager
- CEO's recovery prognosis is reported as positive by doctors
- CEO and Co-Portfolio Manager involved in accident and currently receiving treatment
MONTCLAIR, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”, “our”, “us”, and “we”) today announced that its Chief Executive Officer and Co-Portfolio Manager, Kevin M. Rendino, was involved in an accident and is currently receiving treatment for his injuries. His doctors have informed us that he is responding well to treatments and his current recovery prognosis is positive. Our thoughts are with him and his family. We will provide updates as more information becomes available. 180 Degree Capital also affirms that its business operations remain in full force and are continuing as usual under the management of Daniel B. Wolfe, 180 Degree Capital’s President and Co-Portfolio Manager.
About 180 Degree Capital Corp.
180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 and its holdings can be found on its website at www.180degreecapital.com.
Press Contact:
Daniel B. Wolfe
Robert E. Bigelow
180 Degree Capital Corp.
973-746-4500
ir@180degreecapital.com
Mo Shafroth
RF Binder
Morrison.shafroth@rfbinder.com
Forward-Looking Statements
This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Please see the Company's securities filings filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business and other significant factors that could affect the Company's actual results. Except as otherwise required by Federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. The reference and link to the website www.180degreecapital.com has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. 180 is not responsible for the contents of third-party websites.
FAQ
What happened to 180 Degree Capital Corp.'s CEO Kevin M. Rendino?
How is 180 Degree Capital Corp. (NASDAQ:TURN) managing operations after the CEO's accident?
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