Suro Capital Corp Stock Price, News & Analysis

SuRo Capital Corp. (SSSS) has provided a Q1 2025 investment portfolio update, highlighting significant developments despite volatile market conditions. CoreWeave's IPO marked the largest tech IPO since 2021, while OpenAI secured a record $40 billion financing at a $300 billion valuation.

The company made new investments including a $5.0 million investment in Plaid and a $1.0 million follow-on investment in WHOOP. SuRo Capital's net asset value is estimated between $6.50 to $7.00 per share as of March 31, 2025, compared to $6.68 per share in December 2024.

The company holds positions in 37 portfolio companies (32 private, 5 public) and maintains approximately $18.1 million in liquid assets. Under its convertible note program, SuRo Capital has $35.0 million in outstanding notes, and has completed its $35.3 million note repurchase program for the 6.00% Notes due 2026.

SuRo Capital Corp. (SSSS) reported its Q4 and fiscal year 2024 results, with net assets totaling $157.6 million, or $6.68 per share as of December 31, 2024, compared to $7.99 per share at December 31, 2023.

The company made significant investments in AI infrastructure in 2024, deploying $54.5 million across CoreWeave, OpenAI, and VAST. CoreWeave, the company's largest initial investment ever, has filed for IPO. The investment portfolio held positions in 37 companies (33 private, 4 public) with an aggregate fair value of approximately $209.4 million.

Notable financial activities include:

• Issuance of $30 million in 6.50% Convertible Notes due 2029
• Full exit from Oklo position with over 20x return on initial investment
• Complete exit from PublicSquare common shares
• Liquid assets of approximately $23.6 million as of December 31, 2024

SuRo Capital Corp. (Nasdaq: SSSS) has announced it will release its Q4 and fiscal year 2024 financial results after U.S. market close on Tuesday, March 11, 2025. The company will host a conference call and webcast for investors at 2:00 p.m. PT (5:00 p.m. ET).

U.S. participants can access the call at 866-580-3963, while international participants can dial +1 786-697-3501, using conference ID 6936935. A live webcast will be available in the Investor Relations section of SuRo Capital's website, with an archived replay accessible for 12 months. The conference call replay will be available until March 18, 2025.

SuRo Capital Corp. (SSSS) has provided its Q4 2024 investment portfolio update, with net asset value estimated between $6.50 to $7.00 per share. The company made significant investments in AI infrastructure, including a $5.0 million additional investment in CoreWeave and $12.0 million in VAST Data.

Notable exits include ServiceTitan's IPO completion and Oklo position exit with over 20x return. The company's portfolio comprised 37 companies (33 private, 4 public) as of December 31, 2024. Liquid assets were approximately $23.6 million.

The company continued its note repurchase program, repurchasing 203,168 of 6.00% Notes due 2026 in Q4. The Share Repurchase Program was extended until October 31, 2025, with $25.0 million remaining available for repurchases. Additionally, SuRo Capital issued convertible notes, with the outstanding aggregate principal amount reaching $35.0 million as of January 16, 2025.

SuRo Capital Corp. (Nasdaq: SSSS) reported its Q3 2024 financial results, highlighting a Net Asset Value (NAV) of $6.73 per share, down from $6.94 per share in Q2 2024 and $8.41 per share in Q3 2023. Net assets totaled $157.4 million.

The company continues to advance its AI strategy with significant investments, including $17.5 million in OpenAI and $5 million in CoreWeave. Post-quarter, it further invested $12 million in VAST and another $5 million in CoreWeave.

SuRo Capital's portfolio, valued at $199.3 million, includes 37 companies, with the top five investments accounting for 47% of the total portfolio value. The top five investments are CoreWeave ($23.1M), Learneo ($20.8M), ARK Type One Deep Ventures Fund ($17.7M), Blink Health ($17.4M), and ServiceTitan ($15.3M).

Financial results show a net investment loss of $3.2 million ($0.14 per share) and a net realized loss on investments of $13.7 million ($0.59 per share). The company has liquid assets of $39.5 million.

SuRo Capital also announced a $75 million Convertible Note Purchase Agreement and repurchased $30 million in convertible notes, with a share repurchase program extended to 2025.

SuRo Capital Corp. (Nasdaq: SSSS) has announced it will release its third quarter 2024 financial results after U.S. market close on Thursday, November 7, 2024. The company will host a conference call and webcast for investors at 2:00 p.m. PT (5:00 p.m. ET). U.S. participants can access the call at 866-580-3963, while international participants can dial +1 786-697-3501, using conference ID 9289675. A live webcast will be available on SuRo Capital's website, with a replay accessible for 12 months. The conference call replay will be available until November 14, 2024.

SuRo Capital Corp. (Nasdaq: SSSS) provided a preliminary update on its investment portfolio for Q3 2024. The company has been actively investing in AI infrastructure, with nearly $55.0 million invested in leading AI companies. Key investments include:

- $17.5 million in OpenAI via ARK Type One Deep Ventures Fund
- $5.0 million in CoreWeave via secondary transaction
- $12.0 million in VAST Data via IH10, (post-quarter)
- Additional $5.0 million in CoreWeave (post-quarter)

SuRo Capital's net asset value is estimated to be between $6.50 to $7.00 per share as of September 30, 2024. The company also approved a repurchase program of up to $35.0 million for its 6.00% Notes due 2026 and the issuance of up to $75.0 million of private 6.50% Convertible Notes due 2029.

SuRo Capital Corp. (Nasdaq: SSSS) reported its Q2 2024 financial results with a net asset value of $6.94 per share as of June 30, 2024. The company announced:

1. A purchase agreement for 6.50% Convertible Notes due 2029
2. Board approval for a note repurchase program up to $35.0 million
3. Completion of a $10.0 million investment in Canva, Inc. and a $15.0 million investment in CW Opportunity 2 LP
4. A net decrease in net assets of $19.4 million or $0.23 per share
5. Liquid assets of approximately $57.6 million as of June 30, 2024

The company remains optimistic about its investment pipeline with nearly $55.0 million in investable capital.

SuRo Capital Corp. (Nasdaq: SSSS) has announced it will release its second quarter 2024 financial results on Wednesday, August 7, 2024, after the U.S. market closes. The company will host a conference call and webcast for investors at 2:00 p.m. PT (5:00 p.m. ET) on the same day. U.S. participants can access the call at 866-580-3963, while international participants should dial +1 786-697-3501, using the conference ID 6397974. A live webcast will be available on SuRo Capital's website, with an archived replay accessible for 12 months. A replay of the call will be available until August 14, 2024.