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 a net asset value (NAV) of $18.01 per share as of March 31, 2021, a significant increase from $15.14 per share at the end of 2020. The Board declared a $2.50 dividend per share, payable on June 30, 2021. Key investments include Coursera and Palantir, contributing to a net realized gain of $112.2 million for Q1 2021. Total net investment loss was $(2.8) million, but liquid assets stood at $292.4 million.
SuRo Capital Corp. (Nasdaq: SSSS) will announce its financial results for the quarter ending March 31, 2021, on May 5, 2021, after U.S. market close. Management will host a webcast and conference call for investors at 2:00 p.m. PT (5:00 p.m. ET). U.S. participants can dial 323-794-2093, while international participants can dial 866-548-4713, using conference ID 2766460. An archived replay will be accessible for 12 months following the event. SuRo Capital focuses on investing in high-growth, venture-backed private companies.
SuRo Capital Corp. (Nasdaq: SSSS) reported a preliminary net asset value of $17.70 to $18.30 per share for Q1 2021, up from $15.14 at year-end 2020. This includes $0.50 per share in dividends. New investments include $10 million in pre-merger SPAC PIPEs and a sports betting subsidiary, SuRo Sports. The company also plans to redeem its 4.75% Convertible Senior Notes due 2023, with $0.3 million redeemed by March 31. Q1 highlights include the strong performance of Coursera post-IPO and a total of 32 portfolio companies in its investment portfolio.
SuRo Capital reported a net asset value (NAV) of $15.14 per share as of December 31, 2020, a significant increase from $12.46 per share at the end of Q3 2020. The Board of Directors declared a dividend of $0.25 per share. The company exited its position in Palantir Technologies, realizing $119 million in gains. SuRo Capital's top five investments accounted for 73% of its total portfolio value. The financial results revealed net investment loss of $14.5 million for 2020, but net realized gains stood at $16.4 million.
SuRo Capital Corp. (SSSS) will release its financial results for Q4 and fiscal year 2020 on March 10, 2021, after the 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. Interested parties can access the call via phone or through a live webcast on the company’s website, where a replay will be available for 12 months. SuRo Capital focuses on investing in high-growth, venture-backed private companies.
SuRo Capital Corp. (SSSS) announced an adjustment to its 4.75% Convertible Senior Notes due 2023, effective February 5, 2021. The conversion price has been reduced from $9.42 to $9.25 per share due to a cash dividend of $0.25 per share, payable on February 19, 2021. This adjustment allows for 108.0505 shares of common stock per $1,000 principal amount of Notes. The ex-dividend date is February 4, 2021, and the tax treatment of the dividend will be reported in 1099-DIV forms to stockholders.
SuRo Capital Corp. (Nasdaq: SSSS) has declared a cash dividend of $0.25 per share, scheduled for payment on February 19, 2021. This dividend is aimed at enhancing shareholder value and is associated with the company's strong portfolio performance. Stockholders on record as of February 5, 2021 will be eligible for this dividend, which will be reported as capital gains dividends for tax purposes. Future dividends are subject to the discretion of the Board.
SuRo Capital Corp. (Nasdaq: SSSS) reported an anticipated net asset value (NAV) increase to $15.00 to $15.50 per share, adjusted for $0.47 in dividends, up from $12.46 at September 30, 2020. This growth reflects a strong investment portfolio, including new investments in Blink Health Inc., Residential Homes for Rent, and follow-on investments in Enjoy Technology and GreenAcreage Real Estate Corp. As of December 31, 2020, net assets totaled approximately $252.7 million.
SuRo Capital Corp. (Nasdaq: SSSS) has announced an adjustment to the conversion rate of its 4.75% Convertible Senior Notes due 2023. As of December 30, 2020, the conversion price has been lowered to $9.42 per share from $9.58 due to a cash dividend of $0.22 per share payable on January 15, 2021. This change will allow holders to convert their notes into 106.1681 shares per $1,000 principal amount. The ex-dividend date was December 29, 2020. Future dividends will be determined by the Board of Directors and reported annually for tax purposes.
SuRo Capital has declared a dividend of $0.22 per share payable on January 15, 2021, to stockholders of record as of December 30, 2020. This decision follows continued monetization from public securities, particularly from Palantir Technologies Inc. sales. The dividend, along with previously declared dividends of $0.25 on November 30 and October 20, 2020, is characterized as capital gains dividends. SuRo Capital does not anticipate any taxable income for 2020, thus no dividends are expected to be ordinary.