---
schema_version: "secwatch.filing_event.v1"
accession: "0002051820-25-000124"
form_type: "8-K"
ticker: "MLCI"
cik: "0002051820"
company_name: "Mount Logan Capital Inc."
filed_at: "2025-09-16T23:59:59+00:00"
generated_at: "2026-05-17T06:34:32.380089+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mount Logan Capital and 180 Degree Capital close all-stock merger; begins trading as MLCI on Nasdaq

## Summary
- Closing merger value ~US$122.7M implies $9.43 per share; ~13M shares outstanding post-combination.
- Mount Logan shareholders own 56.4%; 180 Degree Capital shareholders own 43.6% of combined company.
- Ted Goldthorpe appointed CEO; new board of seven directors elected; Kevin Rendino resigned as director.
- Company plans initial US$15M tender offer at or above $9.43/share, with additional up to US$25M total over 24 months.
- MLCI begins trading on Nasdaq Sept 15; TURN halted and to be delisted.

## SEC filing metadata
- accession: 0002051820-25-000124
- form_type: 8-K
- ticker: MLCI
- cik: 0002051820
- company_name: Mount Logan Capital Inc.
- filed_at: 2025-09-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 2.03, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2051820/000205182025000124/0002051820-25-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2051820/000205182025000124/yukon-20250912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002051820-25-000124
- JSON: https://secwatch.observer/filing/0002051820-25-000124.json
- Plain text: https://secwatch.observer/filing/0002051820-25-000124.txt

## Key facts
- Governance Changes
  Mount Logan Capital Inc.: Certificate of incorporation amended and restated as Company Amended Charter, including name change from Yukon New Parent, Inc. to Mount Logan Capital Inc.
  - Change: charter amendment
  source text: At the Effective Time, the Company’s certificate of incorporation and bylaws were each amended and restated (as so amended and restated, the “ Company Amended Charter ” and the “ Company Amended Bylaws ,” respectively) to reflect terms appropriate for a publicly traded company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2051820/000205182025000124/0002051820-25-000124-index.htm
- Governance Changes
  Mount Logan Capital Inc.: Bylaws amended and restated as Company Amended Bylaws.
  - Change: bylaw amendment
  source text: At the Effective Time, the Company’s certificate of incorporation and bylaws were each amended and restated (as so amended and restated, the “ Company Amended Charter ” and the “ Company Amended Bylaws ,” respectively) to reflect terms appropriate for a publicly traded company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2051820/000205182025000124/0002051820-25-000124-index.htm
- M&A Transactions
  Mount Logan Capital Inc. underwent a change of control involving 180 Degree Capital Corp. and former Legacy MLC stockholders for all-stock consideration; approximately 43.6% of Company Common Stock held by former TURN stockholders and approximately 56.4% held by former Legacy MLC stockhol (closed 2025-09-12).
  - Action: change of control
  - Counterparty: 180 Degree Capital Corp. and former Legacy MLC stockholders
  - Consideration: all-stock consideration; approximately 43.6% of Company Common Stock held by former TURN stockholders and approximately 56.4% held by former Legacy MLC stockhol
  - Closing: 2025-09-12
  source text: and ceased to exist, without delivery of any consideration therefor. Following this surrender and the issuance of the securities of the Company in the Merger, approximately 43.6% of the Company Common Stock became held by former TURN stockholders and approximately 56.4% of the Company Common Stock became held by former Legacy MLC stockholders. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/2051820/000205182025000124/0002051820-25-000124-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.