SLIDE 12 Public Portfolio Performance End of 2016-End of Q1 2020
12
Ticker Symbol Total Shares Owned on 12/31/16 Shares Purchased Shares Sold Total Shares
IPO PPS / PPS @ 12/31/16
PPS
PPS PPS on 3/31/20 Gross Investment / Value @ 12/31/16 Cash Invested Cash Received From Sales Value @ 03/31/20 Value + Cash Received Total Net Change % Change AIRG — 256,282 256,282 — $— $9.04 $13.31 $— $— $2,315,666 $3,411,635 $— $3,411,635 $1,095,970 47.3% ALTG — 495,560 — 495,560 $— $8.54 $4.27 $— $4,230,976 $— $2,116,041 $2,116,041 $(2,114,935) (50.0%) ALTG/WS — 150,000 — 150,000 $— $1.49 $0.599 $— $222,879 $— $89,805 $89,805 $(133,074) (59.7%) EMKR — 721,408 567,370 154,038 $— $4.69 $3.45 $2.24 $— $3,385,427 $1,958,571 $345,045 $2,303,617 $(1,081,811) (32.0%) ENUM 7,966,368 — 7,966,368 — $1,035,628 $0.01 $— $1,035,628 $— $87,041 $— $87,041 $(948,587) (91.6%) FRG — 264,706 — 264,706 $— $17.00 $8.424 $— $4,500,003 $— $2,229,783 $2,229,783 $(2,270,220) (50.4%) HEAR — 285,714 285,714 — $— $3.50 $17.13 $— $— $1,000,000 $4,893,675 $— $4,893,675 $3,893,675 389.4% IMI — 2,799,054 2,799,054 — $— $1.03 $1.16 $— $— $2,876,888 $3,235,135 $— $3,235,135 $358,247 12.5% IOTS 1,769,868 537,404 2,307,272 — $3,274,256 $5.24 $9.04 $— $3,274,256 $2,814,308 $20,847,976 $— $20,847,976 $14,759,413 242.4% ITI — 597,186 226,586 370,600 $— $4.36 $5.36 $3.20 $— $2,604,884 $1,214,114 $1,185,920 $2,400,034 $(204,850) (7.9%) LTRX — 1,129,402 — 1,129,402 $— $3.21 $1.955 $— $3,620,894 $— $2,207,981 $2,207,981 $(1,412,914) (39.0%) MRSN* 294,554 84,438 378,992 — $4,418,310 $9.29 9.28 $— $4,418,310 $784,666 $3,516,758 $— $3,516,758 $(1,686,218) (32.4%) MVEN** — 15,428,571 — 15,428,571 $— $0.52 $0.6043 $— $8,000,000 $— $9,747,136 $9,747,136 $1,747,136 21.8% PBPB — 1,420,000 — 1,420,000 $— $4.27 $3.09 $— $6,061,816 $— $4,387,800 $4,387,800 $(1,674,016) (27.6%) PCTI — 447,310 447,310 — $— $4.52 6.95 $— $— $2,019,605 $3,108,615 $— $3,108,615 $1,089,010 53.9% PDLI — 500,000 500,000 — $— $2.37 $2.99 $— $— $1,183,826 $1,493,632 $— $1,493,632 $309,805 26.2% QMCO — 2,166,411 665,291 1,501,120 $— $2.64 $6.57 $2.95 $— $5,727,299 $4,369,508 $4,428,304 $8,797,812 $3,070,513 53.6% SYNC*** — 1,708,501 — 1,708,501 $— $2.60 $1.02 $— $4,447,375 $— $1,792,494 $1,792,494 $(2,654,881) (59.7%) TST**** — 4,715,218 4,715,218 — $— $1.04 $2.56 $— $— $4,914,626 $12,065,893 $— $12,065,893 $7,151,266 145.5% USAK — 262,165 262,165 — $— $6.68 $14.13 $— $— $1,749,985 $3,705,596 $— $3,705,596 $1,955,612 111.8% Other***** $79,675 $1,934,680 $1,135,963 $271,272 $1,407,234 $(607,120) (30.1%) Total Public Portfolio $8,807,869 $64,395,803 $65,044,112 $28,801,581 $93,845,693 $20,642,020
Public Portfolio Gross Total Return 114.9%
Note:. Past performance is not an indication or guarantee of future performance. Amounts above are gross unrealized and realized returns. 180 Degree Capital Corp. is an internally managed registered closed end fund and does not have an external manager that is paid fees based on assets and/or returns. 180 also has approx. 50 percent of its investment portfolio in legacy privately held investments. Please see its filings with the SEC for information on its expenses and expense ratio. * MRSN completed an IPO in June 2018 at $15.00. This analysis measures the performance of MRSN stock using the IPO price as the starting value. MRSN was an investment of 180 as a privately held company . ** 180 owns convertible preferred securities of MVEN that will convert into 15.5 million shares of common stock upon amendment of MVEN's articles of incorporation. *** Includes options and restricted stock units received as compensation for serving on the board of directors of SYNC. **** Includes realized carried interest from a managed SPV. ***** “Other” refers to positions that have not yet been disclosed publicly, ETF option trades and/or immaterial warrant positions.
