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) is a publicly traded investment fund that focuses on high-growth, venture-backed private companies, with a portfolio that spans AI infrastructure, emerging consumer brands, fintech, and software solutions for consumer and enterprise markets. The SuRo Capital news feed on this page aggregates company-issued updates, portfolio developments, and other disclosures that help investors follow how the fund is executing its strategy.
Readers can expect news items covering SuRo Capital’s quarterly and annual financial results, preliminary portfolio updates, and changes in net asset value (NAV). The company regularly reports on its positions in privately held and publicly held portfolio companies, the concentration of its largest holdings, and notable liquidity events. Press releases often highlight activity in AI and AI infrastructure investments, including exposure to CoreWeave, OpenAI (through ARK Type One Deep Ventures Fund LLC), TensorWave (via Magnetar Opportunity 2025-4 LP), and related digital infrastructure opportunities.
News coverage also includes announcements of new and follow-on investments, such as capital deployed into Plaid via a special purpose vehicle, HL Digital Assets Inc. for exposure to the HYPE digital token of Hyperliquid, and other venture-backed companies. In addition, SuRo Capital reports on realized gains and exits, including sales of public securities and distributions from SPVs, as well as cash dividends declared by its Board of Directors and information about share repurchase and note repurchase programs.
For investors tracking SSSS news, this page provides a centralized view of SuRo Capital’s official communications, including SEC-related press releases furnished on Form 8-K. It is a useful resource for monitoring how the company’s portfolio, AI-focused investments, capital allocation decisions, and distribution policies evolve over time.
SuRo Capital Corp. (SSSS) reported its financial results for 2021, announcing a Net Asset Value (NAV) of $11.72 per share as of December 31, 2021. The Board declared a $0.11 cash dividend for April 2022, contributing to total distributions of $8.00 per share for the year. The company realized $218.7 million in net gains on investments and distributed over $212 million to shareholders. However, net investment losses were approximately $(9.9 million). The firm raised $75 million through non-convertible debts, enhancing its investment capacity.
SuRo Capital Corp. (Nasdaq: SSSS) will announce its financial results for the quarter and fiscal year ending December 31, 2021, on March 9, 2022, after U.S. market close. A conference call for investors is scheduled for 2:00 p.m. PT (5:00 p.m. ET) on the same day, with U.S. participants using access number 323-701-0160. An international access number is also provided. Investors can listen live through the company's website and a recorded replay will be available for 12 months.
SuRo Capital Corp. (SSSS) reported a preliminary net asset value (NAV) of $11.25 to $12.00 per share for Q4 and fiscal year 2021, down from $14.79 per share as of September 30, 2021. This decrease is attributed to $2.75 in dividends declared in Q4, contributing to a total of $8.00 in dividends for the year, marking a record in shareholder returns. The company monetized $250.0 million in investments and raised $75.0 million in notes. SuRo Capital aims to leverage a robust pipeline with over $170.0 million in investable capital. Q4 results are expected to be released in March 2022.
SuRo Capital Corp. (SSSS) announced a cash dividend of $0.75 per share, payable on January 14, 2022, to stockholders recorded by December 31, 2021. This brings the total declared dividends for 2021 to $8.00 per share, amounting to over $210 million in total distributions. The dividends are expected to be taxed as long-term capital gains. CEO Mark Klein highlighted 2021 as the most successful year for shareholder returns in the company's history and expressed optimism about future transactions and the upcoming 2022 dividend strategy.
SuRo Capital Corp. (Nasdaq: SSSS) has priced a registered public offering of $70 million in 6.00% Notes due 2026, aiming for net proceeds of approximately $67.46 million. The offering is set to close on December 17, 2021, with the notes maturing on December 30, 2026, and interest payable quarterly starting March 30, 2022. The funds will support investments in portfolio companies and general corporate purposes. The company has a 30-day option for underwriters to purchase an additional $10.5 million in notes. Listing of the notes on Nasdaq is anticipated.
SuRo Capital Corp. (Nasdaq: SSSS) has announced the commencement of an underwritten offering of unsecured notes, subject to market conditions. The terms, including the interest rate, will be confirmed at pricing. The Company plans to grant underwriters a 30-day option to purchase additional notes for overallotments. The notes are expected to trade on The Nasdaq Global Market under the symbol SSSSL, pending approval. Proceeds from the offering will be used for investments in portfolio companies and general corporate purposes.
SuRo Capital Corp. reported a Net Asset Value (NAV) of $14.79 per share as of September 30, 2021, down from $16.56 at June 30, 2021. The company declared a $2.00 per share dividend payable on December 30, 2021, bringing total dividends for 2021 to $7.25 per share. The firm maintained a diversified portfolio with investments in 39 companies valued at approximately $315.8 million. Notably, SuRo completed four SPAC mergers and announced several IPOs, enhancing shareholder value. However, net investment loss was reported at $2.2 million for the quarter.
SuRo Capital Corp. (Nasdaq: SSSS) will release its financial results for Q3 2021 on November 3, 2021, post-market close. A conference call for investors is scheduled for 2:00 p.m. PT (5:00 p.m. ET) on the same day. The call can be accessed via U.S. dial-in at 323-794-2423 or international dial-in at 800-289-0438 using conference ID 7302661. A live webcast will also be available through SuRo Capital’s website, with an archived replay lasting for 12 months.
SuRo Capital (SSSS) announced a preliminary update regarding its investment portfolio for Q3 2021, estimating its net asset value (NAV) to be between $14.15 and $15.00 per share, down from $16.56 as of June 30, 2021. This includes a $2.25 dividend paid during the quarter. The company has recorded a total of 39 portfolio companies and made investments in seven new companies during this period. Notably, its investment in Ozy Media is marked at zero due to recent developments. The earnings announcement is expected in early November 2021.
SuRo Capital (SSSS) reported a Net Asset Value (NAV) of $16.56 per share as of June 30, 2021, with total net assets of approximately $439.6 million. The company declared a $2.25 per share dividend payable on September 30, 2021. This quarter saw a significant NAV increase supported by the partial monetization of Coursera and investments in SPACs totaling $3.5 million, now valued at over $30 million. The investment portfolio value reached $309.4 million as of June 30, with top holdings accounting for 61% of this total.