Neostellar Capital Corp. reported preliminary second-quarter 2026 results, estimating net asset value at $13.25 to $13.75 per share as of June 30, 2026. Net assets were previously $361.6 million, or $14.24 per share, as of March 31, 2026.
The company completed its full $20.0 million commitment to TensorWave via Magnetar Opportunity 2025-4 LP and invested $9.5 million in ClickHouse, Inc., both focused on AI and enterprise infrastructure. It also exited or harvested gains from vehicles tied to CoreWeave, GrabAGun Digital Holdings, and HL Digital Assets, generating several million dollars of proceeds and realized gains.
As of June 30, 2026, Neostellar held positions in 37 portfolio companies, with liquid assets of about $14.7 million and 26,473,222 common shares outstanding. The company recently rebranded from SuRo Capital Corp. and expects to complete a transition to an externally managed structure, subject to customary regulatory approvals, and plans to announce full second-quarter results in August 2026.