Every 8-K that SuRo Capital Corp. 6.00% Notes due 2026 (SSSSL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SSSSL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SSSSL filings page.
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.
SuRo Capital Corp. is changing its corporate name to Neostellar Capital Corp. Effective July 1, 2026, this name change will take effect following the filing of Articles of Amendment with the Maryland State Department of Assessments and Taxation.
On or about the same date, the Nasdaq trading symbol for the company’s common stock will change from SSSS to NSLR, and the symbol for its 6.00% Notes due 2026 will change from SSSSL to NSLRL. The board of directors approved the Articles of Amendment and related Third Amended and Restated Bylaws, which update the bylaws only to reflect the new name. Stockholder approval was not required under Maryland law or the company’s charter and bylaws.
SuRo Capital Corp. reported results of its 2026 annual and special stockholder meetings. Stockholders elected directors Mark D. Klein and Lisa Westley, with 7,850,734 and 7,903,689 votes cast for their election, respectively, and standard withheld and broker non-vote totals.
At the annual meeting, stockholders also approved two additional proposals, including one that received 8,178,480 votes for and another that received 17,828,560 votes for. In a separate special meeting, stockholders approved an Investment Advisory Agreement with Neostellar Advisors LLC, enabling SuRo Capital’s transition from an internally managed business development company to an externally managed structure, expected to take effect upon externalization on or about July 1, 2026.
SuRo Capital Corp. reported a transformational first quarter of 2026, with net assets rising to $361.6 million, or $14.24 per share, up from $8.09 at December 31, 2025 and $6.66 at March 31, 2025. The company generated a net change in net assets from operations of $155.6 million, or $6.13 per basic share, driven primarily by $158.7 million of net unrealized appreciation on investments. Total investments at fair value reached $388.5 million, with the top five holdings, led by WHOOP, Inc., representing about 72% of the portfolio.
The board approved a proposed transition from an internally managed BDC to an externally managed structure through Neostellar Advisors LLC, a joint venture between SuRo Capital personnel and Magnetar, subject to stockholder approval. An affiliate of Magnetar is expected to invest $20 million in SuRo Capital in connection with the externalization. During the quarter, the company invested $5 million in a Magnetar SPV focused on TensorWave and, after quarter-end, invested $9.5 million in ClickHouse and $0.2 million in Huntress Labs, further increasing exposure to AI and data infrastructure, while continuing to realize gains from selective portfolio exits.
SuRo Capital Corp. is proposing a major shift to an external management structure through a joint venture with Magnetar while reporting a sharp rise in net asset value. The company estimates net asset value as of March 31, 2026 at $14.00–$14.50 per share, up from $8.09 at December 31, 2025 and $6.66 at March 31, 2025.
The Board unanimously approved an externalization plan under which Neostellar Advisors LLC, jointly owned by certain SuRo employees and Magnetar, would become investment adviser, subject to stockholder approval. Magnetar will commit $20 million to the company, either as common stock in connection with a qualifying fundraising or via a convertible note.
The new Advisory Agreement includes a 1.75% base management fee on gross assets and a 20% incentive fee over a 7% hurdle, but no incentive fees on existing investments. Based on 2025 figures, total expenses are projected to decline from 4.98% to 4.21% of average total assets, an expected annual savings of 0.77% of assets. SuRo Capital also reports approximately $46.0 million of liquid assets and 25,387,393 shares outstanding as of March 31, 2026, and expects to release full first-quarter results in May 2026.
SuRo Capital Corp. reported stronger results for 2025, with net asset value rising to $8.09 per share as of December 31, 2025, up from $6.68 a year earlier, driven by investment gains. Net assets totaled about $205.3 million and the investment portfolio’s fair value was approximately $225.5 million across 35 companies, with the top five holdings representing 54% of portfolio value.
Management highlighted 2026 portfolio company financings that, if completed and assuming other valuations remain unchanged, are expected to add an estimated $5.00–$6.50 per share to current net asset value, which is not yet reflected in the year-end figure. For 2025, the company recorded a net investment loss of $16.5 million, but realized gains of $33.2 million and net unrealized appreciation of $32.1 million produced a $48.8 million increase in net assets from operations, or $2.01 per basic share. SuRo Capital ended 2025 with about $50.1 million of liquid assets, paid cash dividends of $0.50 per share in total during the year, and continued to reduce debt by repurchasing 6.00% Notes due 2026, with $39.2 million in aggregate principal amount bought back by year-end.