180 Degree Capital Amends Comscore Ownership Filing

TL;DR

180 Degree Capital updated its Comscore stake filing, naming new group members.

AI Summary

180 Degree Capital Corp. filed an amendment (No. 11) to its Schedule 13D on March 11, 2024, regarding its ownership of Comscore, Inc. The filing indicates a change in the group members associated with the filing, specifically naming Kevin M. Rendino and Matthew F. McLaughlin. No specific dollar amounts or percentage changes were detailed in the provided excerpt.

Why It Matters

This filing updates ownership information for Comscore, Inc., potentially signaling changes in investment strategy or significant holdings by 180 Degree Capital Corp.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to increased stock volatility.

Key Players & Entities

• 180 Degree Capital Corp. (company) — Filing entity
• Comscore, Inc. (company) — Subject company
• Kevin M. Rendino (person) — Group member
• Matthew F. McLaughlin (person) — Group member

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securitie
• $13,744,190 — managed by 180 Degree Capital (SMA) is $13,744,190, including brokerage commissions. The s
• $2,594,566 — beneficially owned by Mr. McLaughlin is $2,594,566, including brokerage commissions. The s
• $731,195 — owned by Mr. Rendino and his spouse is $731,195, including brokerage commissions. The s
• $18.2202 — se Reporting Person Common Stock 4,170 $18.2202 1222024 Kevin M. Rendino Common Stock
• $17.4314 — 24 Kevin M. Rendino Common Stock 1,125 $17.4314 2132024 Kevin M. Rendino Common Stock
• $16.7900 — 24 Kevin M. Rendino Common Stock 5,000 $16.7900 2202024 Kevin M. Rendino Common Stock
• $16.7300 — 4 Kevin M. Rendino Common Stock 50,000 $16.7300 372024 180 Degree Capital Corp. Common
• $16.2300 — gree Capital Corp. Common Stock 25,000 $16.2300 3112024 180 Degree Capital Corp. Commo

Filing Documents

• scor-13daxmar72024ownershi.htm (SC 13D/A) — 70KB
• 0000893739-24-000044.txt ( ) — 72KB

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration.

is hereby amended and restated as follows

Item 3 is hereby amended and restated as follows (1) The aggregate purchase price of the 415,366 shares of Common Stock of the Issuer beneficially owned by 180 Degree Capital and a separately managed account managed by 180 Degree Capital (SMA) is $13,744,190, including brokerage commissions. The source of funds for acquiring the foregoing shares of Common Stock was working capital of 180 Degree Capital and working capital from the SMA. (2) The aggregate purchase price of the 125,000 shares of Common Stock of the Issuer beneficially owned by Mr. McLaughlin is $2,594,566, including brokerage commissions. The source of funds for acquiring the foregoing shares of Common Stock was personal funds of this Reporting Person. (3) The aggregate purchase price of the 26,125 shares of Common Stock of the Issuer beneficially and jointly owned by Mr. Rendino and his spouse is $731,195, including brokerage commissions. The source of funds for acquiring the foregoing shares of Common Stock was personal funds of this Reporting Person.

Interest in the Securities of the Issuer

Item 5. Interest in the Securities of the Issuer Items 5(a)-(d) are hereby amended and restated as follows (a)(b) See rows (11) and (13) of the cover pages of this Schedule 13D for the aggregate number of shares of Common Stock and percentage of outstanding shares of Common Stock beneficially owned by each Reporting Person. The aggregate percentage of shares of Common Stock reported owned by each person herein is based upon a total of 4,755,155 shares of Common Stock outstanding based on the 20-for-1 reverse stock split effective on December 20, 2023 applied to the total shares outstanding as of November 1, 2023, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 8, 2023. Mr. Rendino, in his role as Chief Executive Officer and Portfolio Manager of 180 Degree Capital, and Daniel B. Wolfe, in his role as President and Portfolio Manager of 180 Degree Capital, share dispositive and voting power for shares of Common Stock owned by 180 Degree Capital and its SMA. Except for their individual pecuniary interests therein, Messrs. Rendino and Wolfe disclaim beneficial ownership of the shares of Common Stock of the Issuer owned by 180 Degree Capital and its SMA. (c) The following shares of Common Stock of the Issuer were acquired in open market purchases within 60 days of the filing date of this Schedule 13D Class of Security Shares Purchased Price Per Share Date of Purchase Reporting Person Common Stock 4,170 $18.2202 1222024 Kevin M. Rendino Common Stock 1,125 $17.4314 2132024 Kevin M. Rendino Common Stock 5,000 $16.7900 2202024 Kevin M. Rendino Common Stock 50,000 $16.7300 372024 180 Degree Capital Corp. Common Stock 25,000 $16.2300 3112024 180 Degree Capital Corp. Common Stock 25,000 $16.2300 3112024 Matthew F. McLaughlin (d) The SMA is managed by 180 Degree Capital and has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of 15,231

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View this SC 13D/A filing on SEC EDGAR