Urbana Corporation: A Financial-Focused NAV Discount Idea

  • Urbana Corporation trades at a 44% discount to NAV. Key private holdings—CNSX, MIAX, and Blue Ocean Technologies—have seen valuation uplifts, which gels with the performance of public comps. The main risks are macro: potential credit events, U.S. dollar weakness, and capital market volatility could impact both public and private portfolios.