Neostellar Capital (Nasdaq: NSLR) expects third-quarter 2026 net asset value, or assets minus liabilities, of $12.25–$12.75 per share. The September 30 estimate compares with $13.44 at June 30, 2026 and $9.23 at September 30, 2025. It is unaudited, and actual results may differ materially.
The portfolio held 34 companies, including 30 private and four public businesses. Liquid assets totaled approximately $42.2 million, with 26,473,222 common shares outstanding. Learneo sales generated $9.4 million but realized a $5.6 million loss; Aventine and abandoned Catona Climate investments realized losses of $2.5 million and $1.3 million. GrabAGun and CW Opportunity 2 transactions generated gains.
A Magnetar-affiliated entity provided $20.0 million through a 6.50% note maturing July 16, 2029, with conditional share repayment. Third-quarter results are expected in November 2026.
Neostellar Capital (Nasdaq: NSLR) reported net assets of approximately $355.9 million, or $13.44 per share, as of June 30, 2026, versus $14.24 per share on March 31, 2026 and $9.18 a year earlier. The investment portfolio covered 37 companies with aggregate fair value of about $405.9 million, with the top five positions representing 69% of portfolio value, led by Whoop at $150.8 million.
For Q2 2026, Neostellar recorded a net investment loss of $23.4 million ($0.90 per share), including roughly $20.0 million of accelerated, non-recurring expenses tied to its transition to an externally managed structure. Net realized gains on investments were $5.0 million, while net unrealized depreciation was $0.4 million. Subsequent to quarter-end, an affiliate of Magnetar provided $20.0 million of financing via a 6.50% redeemable promissory note due 2029, which Neostellar believes enhances liquidity and financial flexibility.
Neostellar Capital (Nasdaq:NSLR), formerly SuRo Capital, will report its financial results for the quarter ended June 30, 2026 after the U.S. market close on Wednesday, August 5, 2026. Management will host an investor conference call and live webcast at 2:00 p.m. PT (5:00 p.m. ET), accessible via phone or through the Investor Relations section of the company’s website, with replays available for a limited period.
Neostellar Capital Corp. (Nasdaq: NSLR), formerly SuRo Capital, announced its launch as a newly rebranded, publicly traded investment platform focused on expanding public investors’ access to high-growth, venture-backed private companies via a transition to an externally managed structure.
The Company entered into an investment advisory agreement with new external manager Neostellar Advisors LLC, a joint venture owned by SuRo Capital executives and Magnetar, an approximately $18 billion investment manager as of January 1, 2026. An affiliate of Magnetar made a $20 million investment in Neostellar, and the Company continues to trade on Nasdaq under ticker “NSLR”, led by Chairman and CEO Mark D. Klein and CFO Allison Green, with Magnetar partner Erik Falk joining the Board.
Neostellar Capital (Nasdaq:NSLR) issued a preliminary update on its Q2 2026 investment portfolio. The company completed its remaining $15 million commitment to TensorWave via Magnetar Opportunity 2025-4 LP, bringing the total TensorWave-related investment to $20 million, and invested $9.5 million in ClickHouse.
Preliminary net asset value is estimated at $13.25–$13.75 per share as of June 30, 2026, versus $14.24 as of March 31, 2026 and $9.18 as of June 30, 2025. Neostellar held positions in 37 portfolio companies and reported liquid assets of about $14.7 million.