Welcome to our dedicated page for Suro Capital news (Ticker: SSSS), a resource for investors and traders seeking the latest updates and insights on Suro Capital stock.
SuRo Capital Corp (Nasdaq: SSSS) provides investors with centralized access to official company announcements and market-moving developments. This resource aggregates all press releases and news coverage related to the closed-end fund's investment activities in high-growth ventures.
Track strategic portfolio decisions, earnings reports, and capital management initiatives including share repurchase programs. Users gain timely insights into equity investments, venture-backed opportunities, and financial performance updates directly from the source.
The curated news collection covers essential updates including:
Investment activity: New portfolio additions and exits
Financial disclosures: Quarterly results and annual reports
Corporate actions: Share repurchase details and tender offers
Market commentary: Management insights on portfolio performance
Bookmark this page for structured access to SuRo Capital's latest developments. Monitor the company's progress in identifying high-potential investments while maintaining disciplined capital allocation strategies.
SuRo Capital Corp. (SSSS) announced the completion of its modified Dutch Auction tender offer, repurchasing 3 million shares at $4.50 each, representing 10.6% of outstanding shares. The offer expired on April 17, 2023, and the shares will be repurchased using available cash, with payment expected around April 21, 2023. The repurchase price reflects 60.9% of the net asset value per share as of December 31, 2022. The final proration factor is approximately 99.1%, indicating strong interest in the tender offer. The information agent for the offer is D.F. King & Co., while American Stock Transfer & Trust Company served as the depositary.