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		<isConfidential>false</isConfidential>
		<filerInfo>

			<filer>
				<issuerCredentials>
					<cik>0000893739</cik>
					<ccc>XXXXXXXX</ccc>
				</issuerCredentials>
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		</filerInfo>
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		<genInfo>
			<regName>180 DEGREE CAPITAL CORP. /NY/</regName>
			<regFileNumber>811-07074</regFileNumber>
			<regCik>0000893739</regCik>
			<regLei>254900RA5P574LPO7H91</regLei>
			<regStreet1>7 N. WILLOW STREET</regStreet1>
			<regStreet2>SUITE 4B</regStreet2>
			<regCity>MONTCLAIR</regCity>
			<regStateConditional regCountry="US" regState="US-NJ"/>
			<regZipOrPostalCode>07042</regZipOrPostalCode>
			<regPhone>973-746-4500</regPhone>
			<seriesName>180 DEGREE CAPITAL CORP. /NY/</seriesName>
			<seriesLei>N/A</seriesLei>
			<repPdEnd>2025-12-31</repPdEnd>
			<repPdDate>2025-06-30</repPdDate>
			<isFinalFiling>Y</isFinalFiling>
		</genInfo>
		<fundInfo>
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			<totLiabs>2850090</totLiabs>
			<netAssets>48026732</netAssets>
			<assetsAttrMiscSec>243880</assetsAttrMiscSec>
			<assetsInvested>0</assetsInvested>
			<amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
			<amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
			<amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
			<amtPayOneYrOther>0</amtPayOneYrOther>
			<amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr>
			<amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp>
			<amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil>
			<amtPayAftOneYrOther>0</amtPayAftOneYrOther>
			<delayDeliv>0</delayDeliv>
			<standByCommit>0</standByCommit>
			<liquidPref>0</liquidPref>
			<cshNotRptdInCorD>577300</cshNotRptdInCorD>
			<isNonCashCollateral>N</isNonCashCollateral>
			<returnInfo>
				<monthlyTotReturns>
					<monthlyTotReturn rtn1="-1.14" rtn2="2.97" rtn3="-1.66"/>
				</monthlyTotReturns>
				<monthlyReturnCats>
					<equityContracts>
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						<mon2 netRealizedGain="0" netUnrealizedAppr="207155"/>
						<mon3 netRealizedGain="0" netUnrealizedAppr="-113653"/>
						<optionCategory>
							<instrMon1 netRealizedGain="0" netUnrealizedAppr="-11030"/>
							<instrMon2 netRealizedGain="0" netUnrealizedAppr="0"/>
							<instrMon3 netRealizedGain="0" netUnrealizedAppr="0"/>
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						<warrantCategory>
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							<instrMon3 netRealizedGain="0" netUnrealizedAppr="-113653"/>
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							<instrMon1 netRealizedGain="0" netUnrealizedAppr="0"/>
							<instrMon2 netRealizedGain="0" netUnrealizedAppr="0"/>
							<instrMon3 netRealizedGain="0" netUnrealizedAppr="0"/>
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					</otherContracts>
				</monthlyReturnCats>
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				<othMon2 netRealizedGain="-728373" netUnrealizedAppr="645817"/>
				<othMon3 netRealizedGain="-282549" netUnrealizedAppr="383511"/>
			</returnInfo>
			<mon1Flow redemption="0" reinvestment="0" sales="0"/>
			<mon2Flow redemption="0" reinvestment="0" sales="0"/>
			<mon3Flow redemption="0" reinvestment="0" sales="0"/>
		</fundInfo>
		<invstOrSecs>
			<invstOrSec>
				<name>Arena Group Holdings, Inc.</name>
				<lei>N/A</lei>
				<title>Common Stock</title>
				<cusip>040044109</cusip>
				<identifiers>
					<isin value="US0400441095"/>
					<ticker value="AREN"/>
				</identifiers>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4650000</valUSD>
				<pctVal>9.682107872757</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Ascent Industries Co.</name>
				<lei>549300U2S5125001TS43</lei>
				<title>Common Stock</title>
				<cusip>871565107</cusip>
				<identifiers>
					<isin value="US8715651076"/>
					<ticker value="ACNT"/>
				</identifiers>
				<balance>366860</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4626105</valUSD>
				<pctVal>9.632354331333</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Aviat Networks, Inc</name>
				<lei>549300Z3X8Z4MK52CI65</lei>
				<title>Common Stock</title>
				<cusip>05366Y201</cusip>
				<identifiers>
					<isin value="US05366Y2019"/>
					<ticker value="AVNW"/>
				</identifiers>
				<balance>9600</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>230880</valUSD>
				<pctVal>0.480732272185</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Commercial Vehicle Group, Inc.</name>
				<lei>5493006OG8I91X0K7Q22</lei>
				<title>Common Stock</title>
				<cusip>202608105</cusip>
				<identifiers>
					<isin value="US2026081057"/>
					<ticker value="CVGI"/>
				</identifiers>
				<balance>410000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>680600</valUSD>
				<pctVal>1.417127444773</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>comScore, Inc.</name>
				<lei>N/A</lei>
				<title>Common Stock</title>
				<cusip>20564W204</cusip>
				<identifiers>
					<isin value="US20564W2044"/>
					<ticker value="SCOR"/>
				</identifiers>
				<balance>400451</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1930174</valUSD>
				<pctVal>4.018957608858</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>EchoPixel, Inc.</name>
				<lei>N/A</lei>
				<title>Series A-2 Convertible Preferred Stock</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>1471577</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>15451</valUSD>
				<pctVal>0.032171666396</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EP</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>EchoPixel, Inc.</name>
				<lei>N/A</lei>
				<title>Series Seed Convertible Preferred Stock</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>4194630</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>44044</valUSD>
				<pctVal>0.091707260031</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EP</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>EchoPixel, Inc.</name>
				<lei>N/A</lei>
				<title>Series Seed-2 Convertible Preferred Stock</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>1476668</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>15505</valUSD>
				<pctVal>0.032284103777</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EP</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HALE.life Corporation</name>
				<lei>N/A</lei>
				<title>Common Stock</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>1000000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>0</valUSD>
				<pctVal>0</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HALE.life Corporation</name>
				<lei>N/A</lei>
				<title>Series Seed-2 Convertible Preferred Stock</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>12083132</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>0</valUSD>
				<pctVal>0</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EP</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HALE.life Corporation</name>
				<lei>N/A</lei>
				<title>Series Seed-1 Convertible Preferred Stock</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>11000000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>0</valUSD>
				<pctVal>0</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EP</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Hudson Technologies, Inc.</name>
				<lei>N/A</lei>
				<title>Common Stock</title>
				<cusip>444144109</cusip>
				<identifiers>
					<isin value="US4441441098"/>
					<ticker value="HDSN"/>
				</identifiers>
				<balance>37708</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>306189</valUSD>
				<pctVal>0.637538694075</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>JPMorgan 100% US Treasury Securities Money Market Fund Capital Shares </name>
				<lei>N/A</lei>
				<title>US Treasury Securities</title>
				<cusip>4812A0375</cusip>
				<identifiers>
					<ticker value="CJTXX"/>
				</identifiers>
				<balance>6000000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>6000000</valUSD>
				<pctVal>12.49304241646</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetConditional assetCat="OTHER" desc="MM Fund"/>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>JPMorgan 100% US Treasury Securities Money Market Fund Capital Shares </name>
				<lei>N/A</lei>
				<title>US Treasury Securities</title>
				<cusip>4812A2819</cusip>
				<identifiers>
					<ticker value="VHPXX"/>
				</identifiers>
				<balance>6000000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>6000000</valUSD>
				<pctVal>12.49304241646</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetConditional assetCat="OTHER" desc=" MM Fund"/>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Lantronix, Inc.</name>
				<lei>N/A</lei>
				<title>Common Stock</title>
				<cusip>516548203</cusip>
				<identifiers>
					<isin value="US5165482036"/>
					<ticker value="LTRX"/>
				</identifiers>
				<balance>668711</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1919201</valUSD>
				<pctVal>3.996109916452</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Mama's Creations. Inc.</name>
				<lei>N/A</lei>
				<title>Common Stock</title>
				<cusip>56146T103</cusip>
				<identifiers>
					<isin value="US56146T1034"/>
					<ticker value="MAMA"/>
				</identifiers>
				<balance>42245</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>350634</valUSD>
				<pctVal>0.730080905775</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>

			<invstOrSec>
				<name>Potbelly Corporation</name>
				<lei>54930027NUULUR2P5W11</lei>
				<title>Common Stock</title>
				<cusip>73754Y100</cusip>
				<identifiers>
					<isin value="US73754Y1001"/>
					<ticker value="PBPB"/>
				</identifiers>
				<balance>1091206</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>13367274</valUSD>
				<pctVal>27.832986845742</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Potbelly Corporation</name>
				<lei>N/A</lei>
				<title>Warrants for the Purchase of Common Stock expiring 2/12/26</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>80605</balance>
				<units>NC</units>
				<curCd>USD</curCd>
				<valUSD>548114</valUSD>
				<pctVal>1.141268575176</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DE</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>RF Industries, Ltd.</name>
				<lei>529900MVE73NJ5FHP926</lei>
				<title>Common Stock</title>
				<cusip>749552105</cusip>
				<identifiers>
					<isin value="US7495521053"/>
					<ticker value="RFIL"/>
				</identifiers>
				<balance>472506</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>3057114</valUSD>
				<pctVal>6.365442478992</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>

			<invstOrSec>
				<name>Synchronoss Technologies, Inc.</name>
				<lei>5493007Z5J8Z2TA76376</lei>
				<title>Common Stock</title>
				<cusip>87157B400</cusip>
				<identifiers>
					<isin value="US87157B4005"/>
					<ticker value="SNCR"/>
				</identifiers>
				<balance>866788</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>5937498</valUSD>
				<pctVal>12.362902393608</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Synchronoss Technologies, Inc.</name>
				<lei>N/A</lei>
				<title>Common Stock-Restricted</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>12000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>67362</valUSD>
				<pctVal>0.140259387209</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Synchronoss Technologies, Inc.</name>
				<lei>N/A</lei>
				<title>Stock Options for Common Stock expiring 12/4/2030</title>
				<cusip>N/A</cusip>
				<identifiers>
					<isin value="N/A"/>
				</identifiers>
				<balance>3334</balance>
				<units>NC</units>
				<curCd>USD</curCd>
				<valUSD>15065</valUSD>
				<pctVal>0.000313679</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DE</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Valo Health LLC</name>
				<lei>N/A</lei>
				<title>Rights to Milestone Payments from Acquisition of TARA Biosystems, Inc.</title>
				<cusip>N/A</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>0</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>71757</valUSD>
				<pctVal>0.149410540779</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetConditional assetCat="OTHER" desc="Other Financial Instrument"/>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>3</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
		</invstOrSecs>
		<explntrNotes>
			<explntrNote note="Not Applicable: No debt position (convertible bridge notes, secured debt) exceeds 25% or more of the Fund's net asset value." noteItem="B.3.a"/>
			<explntrNote note="Not Applicable: No securities lending." noteItem="B.4.a.i"/>
			<explntrNote note="Not Applicable." noteItem="B.6.a"/>
		</explntrNotes>
		<signature>
			<ncom:dateSigned>2025-08-29</ncom:dateSigned>
			<ncom:nameOfApplicant>180 DEGREE CAPITAL CORP. /NY/</ncom:nameOfApplicant>
			<ncom:signature>/s/ Daniel B. Wolfe</ncom:signature>
			<ncom:signerName>Daniel B. Wolfe</ncom:signerName>
			<ncom:title>President and Chief Financial Officer</ncom:title>
		</signature>
	</formData>
</edgarSubmission>
