On February 22, 2024, 180 Degree Capital announced that on February 1, 2024 it has issued a press release and a letter to the shareholders of 180 Degree Capital which each discussed 180 Degree Capital's nomination of Matthew F. McLaughlin for election to the Board at the Annual Meeting. Furthermore, 180 Degree Capital reiterated its belief that the Board requires significant improvements in corporate governance and fresh perspectives from individuals with deep industry experience in the Issuer's markets.