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. 2)

180 Degree Capital Corp.
(Name of Issuer)

Common Stock, par value $0.01 per share
(Title of Class of Securities)

68235B208
(CUSIP Number)

KEVIN M. RENDINO
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)

December 29, 2023
(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.

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. 68235B208
1NAME OF REPORTING PERSONS:

Kevin M. Rendino
2CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) (b)
3SEC USE ONLY
4SOURCE OF FUNDS (SEE INSTRUCTIONS)

PF
5CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

6CITIZENSHIP OR PLACE OF ORGANIZATION

United States
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7SOLE VOTING POWER
41,902 shares of Common Sotck
8SHARED VOTING POWER
678,296 shares of Common Stock (1)
9SOLE DISPOSITIVE POWER
41,902 shares of Common Stock
10SHARED DISPOSITIVE POWER
678,296 shares of Common Stock (1)
11AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
720,198 shares of Common Stock
12CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
13PERCENT OF CLASS REPRESENTED IN ROW (11)
7.2% (2)
14TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

(1) Shares owned jointly with spouse.
(2) Based on 10,000,141 shares outstanding as of September 30, 2023, as reported on the Issuer's Portfolio Investments Report on Form N-PORT filed with the Securities and Exchange Commission on November 13, 2023.



CUSIP No. 68235B208

The following constitutes Amendment No. 2 to the Schedule 13D filed by the undersigned ("Amendment No. 2"). This Amendment No. 2 amends the Schedule 13D as specifically set forth herein.

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

Item 3 is hereby amended and restated as follows:

The aggregate purchase price of the 720,198 shares of Common Stock of the Issuer is $4,069,825, including brokerage commissions. The source of funds for acquiring the foregoing shares of Common Stock was personal funds of the Reporting Person.

Item 5.     Interest in the Securities of the Issuer

Items 5(a-c) are hereby amended and restated as follows:

(a)(b)    The Reporting Person has the sole or shared power to vote or direct the vote of, and the sole or shared power to dispose or direct the disposition of 720,198 shares of Common Stock of the Issuer. Based upon a total of 10,000,141 outstanding shares of Common Stock as of December 31, 2022, the Reporting Person's shares represent approximately 7.2% of the outstanding shares of Common Stock.

(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 statement:

Class of SecurityShares PurchasedPrice Per ShareDate of Purchase
Common Stock800$3.780011/27/2023
Common Stock2,451$3.880012/5/2023
Common Stock379$3.900012/6/2023
Common Stock4,313$3.879812/7/2023
Common Stock10,000$3.800012/11/2023
Common Stock10,000$3.900012/20/2023
Common Stock11,959$4.103212/29/2023





SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: January 3, 2024

KEVIN M. RENDINO


By: /s/ Kevin M. Rendino    
Name: Kevin M. Rendino