180 Degree Capital Files 7th Amendment on Comscore Stake

TL;DR

**180 Degree Capital is still a major player in Comscore, expect continued activist pressure.**

AI Summary

180 Degree Capital Corp. (180 Degree Capital) filed an Amendment No. 7 to its Schedule 13D on January 25, 2024, indicating its continued significant ownership in Comscore, Inc. (Comscore). This filing, authorized by Daniel B. Wolfe, updates previous disclosures regarding their stake in Comscore's Common Stock, par value $0.001 per share. This matters to investors because 180 Degree Capital is an activist investor, and their ongoing involvement suggests continued pressure for changes or strategic direction at Comscore, which could impact the stock's performance.

Why It Matters

This filing signals that 180 Degree Capital, an activist investor, remains a significant shareholder in Comscore, potentially influencing future corporate decisions and strategic direction.

Risk Assessment

Risk Level: medium — Activist investor involvement can lead to volatility and uncertainty, as their demands may or may not align with broader shareholder interests or company stability.

Analyst Insight

Investors should monitor future filings from 180 Degree Capital Corp. and Comscore, Inc. for any indications of strategic changes, board appointments, or other activist-driven initiatives, as these could significantly impact Comscore's valuation.

Key Numbers

• 7 — Amendment Number (This is the seventh amendment to the Schedule 13D, indicating ongoing updates to 180 Degree Capital's position or intentions regarding Comscore.)
• 20564W204 — CUSIP Number (Unique identifier for Comscore, Inc.'s Common Stock, confirming the specific security being reported.)

Key Players & Entities

• 180 Degree Capital Corp. (company) — the filing entity and activist investor
• Comscore, Inc. (company) — the subject company in which 180 Degree Capital holds a stake
• Daniel B. Wolfe (person) — person authorized to receive notices for 180 Degree Capital Corp.
• $0.001 (dollar_amount) — par value per share of Comscore's Common Stock
• January 25, 2024 (date) — date of event requiring the filing of this statement

Forward-Looking Statements

• 180 Degree Capital Corp. will continue to actively engage with Comscore's management or board. (180 Degree Capital Corp.) — high confidence, target: Q2 2024
• Comscore's stock price may experience volatility due to ongoing activist investor involvement. (Comscore, Inc.) — medium confidence, target: Q3 2024

FAQ

From the Filing

0000893739-24-000008.txt : 20240129 0000893739-24-000008.hdr.sgml : 20240129 20240129090712 ACCESSION NUMBER: 0000893739-24-000008 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 GROUP MEMBERS: KEVIN M. RENDINO GROUP MEMBERS: MATTHEW F. MCLAUGHLIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMSCORE, INC. CENTRAL INDEX KEY: 0001158172 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 541955550 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-83687 FILM NUMBER: 24570626 BUSINESS ADDRESS: STREET 1: 11950 DEMOCRACY DRIVE STREET 2: SUITE 600 CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 703-438-2000 MAIL ADDRESS: STREET 1: 11950 DEMOCRACY DRIVE STREET 2: SUITE 600 CITY: RESTON STATE: VA ZIP: 20190 FORMER COMPANY: FORMER CONFORMED NAME: COMSCORE NETWORKS INC DATE OF NAME CHANGE: 20010827 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 180 DEGREE CAPITAL CORP. /NY/ CENTRAL INDEX KEY: 0000893739 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] ORGANIZATION NAME: IRS NUMBER: 133119827 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 7 N. WILLOW STREET STREET 2: SUITE 4B CITY: MONTCLAIR STATE: NJ ZIP: 07042 BUSINESS PHONE: 973-746-4500 MAIL ADDRESS: STREET 1: 7 N. WILLOW STREET STREET 2: SUITE 4B CITY: MONTCLAIR STATE: NJ ZIP: 07042 FORMER COMPANY: FORMER CONFORMED NAME: HARRIS & HARRIS GROUP INC /NY/ DATE OF NAME CHANGE: 19930714 SC 13D/A 1 scor-13daxjanuarynominatio.htm SC 13D/A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 7) 1 Comscore, Inc. (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) 20564W204 (CUSIP Number) DANIEL B. WOLFE 180 DEGREE CAPITAL CORP. 7 N. Willow Street, Suite 4B Montclair, NJ 07042 Telephone: 973-746-4500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 25, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ☒ Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. 1 The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 20564W204 1 NAME OF REPORTING PERSONS: 180 Degree Capital Corp. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC, OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York   NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 340,366 shares* 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 340,366 shares* 11 AGGREGATE AMOUNT BENEF