Company:  180 DEGREE CAPITAL CORP. ... (TURN)
Form Type:  SC 13G/A
Filing Date:  2/13/2018 
CIK:  0000893739 
Address:  7 N. WILLOW STREET
City, State, Zip:  MONTCLAIR, New Jersey 07042 
Telephone:  973-746-4500 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
0.0378 (1.99%)  
Trade Time: 
03:35 PM EST  
Market Cap: 
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Description of Business
Harris & Harris Group, Inc.® (the "Company," "us," "our," and "we"), is an internally managed investment company. We have elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, (the "1940 Act"). For tax purposes, we have elected to be treated as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986 (the "Code"). However, as is discussed in detail in Note 10 to our Consolidated Financial Statements, we did not qualify as a RIC in 2016, but we had no taxable income. We were incorporated under the laws of the state of New York in August 1981. We are overseen by our Board of Directors and managed by our officers and have no external investment adviser. Historically, our investment objective has been to achieve long-term capital appreciation investing in venture capital investments.
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