# EDGAR Filing Document

**Accession Number:** 0001517796
**File Stem:** 0000919574-25-005251
**Filing Date:** 2025-8
**Character Count:** 36977
**Document Hash:** bb71ce2a3f76c92402b64b07a24e16bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-005251.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0000919574-25-005251

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**EFFECTIVENESS DATE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Rangeley Capital, LLC
- **CENTRAL INDEX KEY:** 0001517796

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24993
- **FILM NUMBER:** 251271166

**BUSINESS ADDRESS:**
- **STREET 1:** 3 FOREST STREET
- **CITY:** NEW CANAAN
- **STATE:** CT
- **ZIP:** 06840
- **BUSINESS PHONE:** 203-801-9970

**MAIL ADDRESS:**
- **STREET 1:** 3 FOREST STREET
- **CITY:** NEW CANAAN
- **STATE:** CT
- **ZIP:** 06840

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001517796

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Rangeley Capital, LLC

**Address:** 3 FOREST STREET, NEW CANAAN, CT 06840

**Telephone number:** 203-801-9978

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-24993

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                          | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                       | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| AMENTUM HOLDINGS, INC                   | 023939101 | 03/05/2025     | Advisory vote to approve the Company's named executive officer compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          47000 |                0 | FOR         |                                    47000 | FOR                         |  |
| AMPLIFY ENERGY CORP.                    | 03212B103 | 06/13/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          66647 |                0 | AGAINST     |                                    66647 | AGAINST                     |  |
| APARTMENT INVESTMENT AND MANAGEMENT CO. | 03748R747 | 06/10/2025     | To conduct an advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           5456 |                0 | FOR         |                                     5456 | FOR                         |  |
| ARBUTUS BIOPHARMA CORPORATION           | 03879J100 | 05/21/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement/Circular.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        1349000 |                0 | FOR         |                                  1349000 | FOR                         |  |
| ARVINAS, INC.                           | 04335A105 | 06/25/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         581832 |                0 | AGAINST     |                                   581832 | AGAINST                     |  |
| ATEA PHARMACEUTICALS, INC.              | 04683R106 | 06/20/2025     | Approval, on an advisory (non-binding) basis, of the compensation of the named executive officers of the Company.                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          50000 |                0 | AGAINST     |                                    50000 | AGAINST                     |  |
| BALLY'S CORPORATION                     | 05875B106 | 05/15/2025     | Approve, on a non-binding advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           2085 |                0 | FOR         |                                     2085 | FOR                         |  |
| BAUSCH + LOMB CORPORATION               | 071705107 | 05/21/2025     | The approval, in an advisory vote, of the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          15000 |                0 | FOR         |                                    15000 | FOR                         |  |
| BERRY GLOBAL GROUP, INC.                | 08579W103 | 02/05/2025     | To approve, on an advisory, non-binding basis, our executive compensation.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           2000 |                0 | FOR         |                                     2000 | FOR                         |  |
| BURFORD CAPITAL LIMITED                 | G17977110 | 05/14/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement for the 2025 annual general meeting of shareholders under "Executive compensation", including the compensation discussion and analysis, the compensation tables and the related narrative discussion included therein ("Say-on-Pay"). | SECTION 14A SAY-ON-PAY VOTES |         351000 |                0 | FOR         |                                   351000 | FOR                         |  |
| CADIZ, INC.                             | 127537207 | 06/12/2025     | Advisory vote on executive compensation as disclosed in the proxy materials.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         323631 |                0 | FOR         |                                   323631 | FOR                         |  |
| CALUMET, INC.                           | 131428104 | 06/10/2025     | To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         226468 |                0 | FOR         |                                   226468 | FOR                         |  |
| CARDLYTICS, INC.                        | 14161W105 | 05/20/2025     | Advisory vote to approve compensation of named executive officers.                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         125056 |                0 | FOR         |                                   125056 | FOR                         |  |
| CORE SCIENTIFIC, INC.                   | 21874A106 | 05/23/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers, as disclosed in this proxy statement.                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           6063 |                0 | FOR         |                                     6063 | FOR                         |  |
| DELEK US HOLDINGS, INC.                 | 24665A103 | 04/29/2025     | To adopt the advisory resolution approving the executive compensation program for our named executive officers as described in the Proxy Statement.                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         339500 |                0 | AGAINST     |                                   339500 | AGAINST                     |  |
| ENZO BIOCHEM, INC.                      | 294100102 | 01/15/2025     | To approve, by a nonbinding advisory vote, the compensation of the Company's Named Executive Officers (the "Advisory Proposal").                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         232427 |                0 | FOR         |                                   232427 | FOR                         |  |
| ESPERION THERAPEUTICS, INC.             | 29664W105 | 05/29/2025     | To approve the non-binding advisory resolution on the compensation of our named executive officers.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          89169 |                0 | FOR         |                                    89169 | FOR                         |  |
| ESSA PHARMA INC.                        | 29668H708 | 03/05/2025     | The approval, on a non-binding, advisory basis, of the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           2000 |                0 | AGAINST     |                                     2000 | AGAINST                     |  |
| FIRST INTERNET BANCORP                  | 320557101 | 05/19/2025     | To approve, in an advisory (non-binding) vote, the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          11380 |                0 | FOR         |                                    11380 | FOR                         |  |
| FIRST QUANTUM MINERALS LTD.             | 335934105 | 05/08/2025     | BE IT RESOLVED, on an advisory basis, and not to diminish the role and responsibilities of the Board of Directors of the Company, that the shareholders accept the approach to executive compensation disclosed in the Company's Management Information Circular dated March 13, 2025.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          19142 |                0 | FOR         |                                    19142 | FOR                         |  |
| FIRST SEACOAST BANCORP, INC.            | 33631F104 | 05/29/2025     | To approve the compensation of the named executive officers as disclosed in the accompanying proxy statement.                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           5997 |                0 | FOR         |                                     5997 | FOR                         |  |
| FIVE POINT HOLDINGS, LLC                | 33833Q106 | 05/21/2025     | To approve, on a non-binding advisory basis, the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          14851 |                0 | FOR         |                                    14851 | FOR                         |  |
| FULL HOUSE RESORTS, INC.                | 359678109 | 05/15/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         889104 |                0 | FOR         |                                   889104 | FOR                         |  |
| GUESS?, INC.                            | 401617105 | 06/10/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            800 |                0 | AGAINST     |                                      800 | AGAINST                     |  |
| HAWAIIAN ELECTRIC INDUSTRIES, INC.      | 419870100 | 05/12/2025     | Advisory vote to approve the compensation of HEI's named executive officers.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          25000 |                0 | FOR         |                                    25000 | FOR                         |  |
| HESS CORPORATION                        | 42809H107 | 05/14/2025     | Advisory approval of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           1187 |                0 | FOR         |                                     1187 | FOR                         |  |
| HILTON GRAND VACATIONS INC.             | 43283X105 | 05/07/2025     | Approve by non-binding vote the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          42000 |                0 | FOR         |                                    42000 | FOR                         |  |
| JACK IN THE BOX INC.                    | 466367109 | 02/28/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          31500 |                0 | AGAINST     |                                    31500 | AGAINST                     |  |
| JUNIPER NETWORKS, INC.                  | 48203R104 | 05/28/2025     | Approval of a non-binding advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           2969 |                0 | FOR         |                                     2969 | FOR                         |  |
| KEROS THERAPEUTICS, INC.                | 492327101 | 06/04/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the accompanying Proxy Statement.                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          85716 |                0 | AGAINST     |                                    85716 | AGAINST                     |  |
| LIFECORE BIOMEDICAL, INC                | 514766104 | 11/07/2024     | To approve a non-binding advisory proposal on the executive compensation of the Company's named executive officers, as described in the Proxy Statement.                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         211799 |                0 | FOR         |                                   211799 | FOR                         |  |
| LIQUIDIA CORPORATION                    | 53635D202 | 06/17/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          48319 |                0 | FOR         |                                    48319 | FOR                         |  |
| LYELL IMMUNOPHARMA, INC.                | 55083R104 | 05/15/2025     | Approval, on a non-binding advisory basis, of the compensation of the company's named executive officers.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          10000 |                0 | FOR         |                                    10000 | FOR                         |  |
| MAMMOTH ENERGY SERVICES, INC.           | 56155L108 | 06/11/2025     | To approve, on an advisory basis, the Company's executive compensation                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         113823 |                0 | AGAINST     |                                   113823 | AGAINST                     |  |
| MARAVAI LIFESCIENCES HOLDINGS, INC.     | 56600D107 | 05/22/2025     | To approve, on a non-binding advisory basis, the compensation of Maravai's named executive officers.                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            643 |                0 | AGAINST     |                                      643 | AGAINST                     |  |
| MEI PHARMA, INC.                        | 55279B301 | 01/30/2025     | To approve, on an advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement.                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | FOR         |                                      100 | FOR                         |  |
| NI HOLDINGS INC                         | 65342T106 | 05/20/2025     | Proposal to approve the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           7023 |                0 | FOR         |                                     7023 | FOR                         |  |
| PG CORPORATION                          | 69331C108 | 05/22/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           2500 |                0 | FOR         |                                     2500 | FOR                         |  |
| PIONEER BANCORP INC.                    | 723561106 | 05/20/2025     | Approval of a non-binding advisory resolution regarding the compensation of Pioneer Bancorp, Inc.'s named executive officers.                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           1000 |                0 | FOR         |                                     1000 | FOR                         |  |
| PLIANT THERAPEUTICS, INC.               | 729139105 | 06/05/2025     | To approve, by non-binding advisory vote, the resolution approving Named Executive Officer compensation.                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          50000 |                0 | AGAINST     |                                    50000 | AGAINST                     |  |
| PONCE FINANCIAL GROUP, INC.             | 732344106 | 06/12/2025     | Approval, on an advisory and non-binding basis, of the compensation of the named executive officers.                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |           4786 |                0 | FOR         |                                     4786 | FOR                         |  |
| PROTAGONIST THERAPEUTICS, INC.          | 74366E102 | 06/20/2025     | To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            698 |                0 | AGAINST     |                                      698 | AGAINST                     |  |
| REPARE THERAPEUTICS INC.                | 760273102 | 06/17/2025     | To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in the accompanying proxy statement.                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          10100 |                0 | AGAINST     |                                    10100 | AGAINST                     |  |
| SAGE THERAPEUTICS, INC.                 | 78667J108 | 06/11/2025     | To hold a non-binding advisory vote to approve the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         329076 |                0 | AGAINST     |                                   329076 | AGAINST                     |  |
| SITE CENTERS CORP.                      | 82981J851 | 05/14/2025     | Approval, on an Advisory Basis, of the Compensation of the Company's Named Executive Officers                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          12197 |                0 | FOR         |                                    12197 | FOR                         |  |
| SOTERA HEALTH COMPANY                   | 83601L102 | 05/21/2025     | Approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          14000 |                0 | FOR         |                                    14000 | FOR                         |  |
| SPRINGWORKS THERAPEUTICS INC            | 85205L107 | 05/14/2025     | Non-binding advisory vote on executive compensation                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          32400 |                0 | FOR         |                                    32400 | FOR                         |  |
| SUMMIT MIDSTREAM CORPORATION            | 86614G101 | 05/08/2025     | Approval of Advisory Resolution on Executive Compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          15000 |                0 | FOR         |                                    15000 | FOR                         |  |
| SUPERIOR INDUSTRIES INTERNATIONAL, INC. | 868168105 | 05/21/2025     | To approve, in a non-binding advisory vote, the compensation of the Company's named executiveofficers for the fiscal year ended December 31, 2024.                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         100533 |                0 | FOR         |                                   100533 | FOR                         |  |
| SURGERY PARTNERS INC.                   | 86881A100 | 06/06/2025     | Approval, on an advisory basis, of the compensation paid by the Company to its named executive officers.                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          56880 |                0 | AGAINST     |                                    56880 | AGAINST                     |  |
| SURO CAPITAL CORP.                      | 86887Q109 | 05/28/2025     | To provide an advisory non-binding vote to approve executive compensation.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          14950 |                0 | FOR         |                                    14950 | FOR                         |  |
| SWK HOLDINGS CORPORATION                | 78501P203 | 06/13/2025     | Advisory Vote on Compensation of Certain Executives                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          22538 |                0 | AGAINST     |                                    22538 | AGAINST                     |  |
| TRILOGY METALS INC.                     | 89621C105 | 05/13/2025     | To consider and, if deemed advisable, pass a non-binding resolution approving the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          98074 |                0 | FOR         |                                    98074 | FOR                         |  |
| UNIQURE N.V.                            | N90064101 | 06/11/2025     | Approval, on an advisory basis, of the compensation of the named executive officers of the Company.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           2000 |                0 | FOR         |                                     2000 | FOR                         |  |
| WIDEOPENWEST, INC.                      | 96758W101 | 05/08/2025     | Approve, by non-binding advisory vote, the Company's executive compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         783911 |                0 | FOR         |                                   783911 | FOR                         |  |
| WM TECHNOLOGY, INC.                     | 92971A109 | 06/24/2025     | Non-binding advisory vote to Approve The Compensation Of Our Named Executive Officers For The Year Ended December 31, 2024.                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          74254 |                0 | FOR         |                                    74254 | FOR                         |  |
| XPLR INFRASTRUCTURE, LP                 | 65341B106 | 04/22/2025     | Approval, by non-binding advisory vote, of thecompensation of XPLR Infrastructure's named executive officers as disclosed in the proxy statement.                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          17400 |                0 | FOR         |                                    17400 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Rangeley Capital, LLC

**By (Signature):** Robert Sterner

**By (Printed Signature):** Robert Sterner

**By (Title):** Chief Operating Officer

**Date:** 08/28/2025