180 Degree Capital Corp. (NASDAQ:TURN) reported a preliminary net asset value per share of $6.22, a -1.6% YTD, and liquid public securities and cash of 87% of net assets as of June 30, 2023. The company's underperformance in Q2 2023 was due to declines in value of certain holdings, including Intevac, Inc. (IVAC) and Comscore, Inc. (SCOR). However, strength in holdings of Commercial Vehicle Group, Inc. (CVGI) and Potbelly Corporation (PBPB), and renewed interest in D-Wave Quantum, Inc. (QBTS) were not enough to offset the declines. The company believes that its stock does not reflect the appropriate value of the company and its holdings.