Core Insights - SuRo Capital continues to focus on artificial intelligence (AI) investments, with significant new investments made during the third quarter of 2024 [3][4] - The estimated net asset value (NAV) per share is projected to be between $6.50 and $7.00 as of September 30, 2024 [6] Investment Activities - In Q3 2024, SuRo Capital invested $17.5 million in OpenAI and $5.0 million in CoreWeave, an AI cloud computing provider [3][7] - Subsequent to the quarter-end, the company made an additional $12.0 million investment in VAST Data and increased its investment in CoreWeave by another $5.0 million [3][9] - Overall, nearly $55.0 million has been invested in leading AI infrastructure companies [4] Financial Position - As of September 30, 2024, SuRo Capital's liquid assets amounted to approximately $39.5 million [10] - The company has a total of 23,378,002 shares of common stock outstanding [10] Debt Management - The Board of Directors approved a repurchase program for up to $35.0 million of its 6.00% Notes due 2026 and plans to issue up to $75.0 million in private 6.50% Convertible Notes due 2029 [5][11] - As of September 30, 2024, the company had repurchased 1,010,136 of the 6.00% Notes under the repurchase program [14] Portfolio Overview - As of September 30, 2024, SuRo Capital held positions in 36 portfolio companies, including 32 privately held and 4 publicly held [7] - The company exited or received proceeds from several investments during the quarter, including a loss of $6.6 million from OneValley, Inc. [8]

Share Repurchase Program Statements included herein, including statements regarding SuRo Capital's beliefs, expectations, intentions, or strategies for the future, may constitute "forward-looking statements". SuRo Capital cautions you that forwardlooking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements. All forward-looking statements involve a number of risks and uncertainties, including the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 814-00852 SuRo Capital Corp. (Exact name of registrant as specified in its charter) Maryland 27-4443543 Indicate by check mark whether the registrant is a shell company ...

SuRo Capital Corp. (NASDAQ:SSSS) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Adam Bates - Investments Mark Klein - Chairman, President and Chief Executive Officer Allison Green - Chief Financial Officer, Treasurer and Corporate Secretary Conference Call Participants Operator Hello, and welcome to SuRo Capital's First Quarter 2024 Earnings Call. My name is Melissa, and I will be your coordinator for today's event. Please note, this conference is being recorded. And for durati ...

Completed $35 Million in New Investments Year-to-Date NEW YORK, NY, May 8, 2024 (GLOBE NEWSWIRE) – SuRo Capital Corp. ("SuRo Capital", the "Company", "we", "us", and "our") (Nasdaq: SSSS) today announced its financial results for the quarter ended March 31, 2024. Net assets totaled approximately $181.7 million, or $7.17 per share, at March 31, 2024, as compared to $7.99 per share at December 31, 2023 and $7.59 per share at March 31, 2023. "We are pleased to share that we have deployed more capital in the la ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 814-00852 SuRo Capital Corp. (Exact name of registrant as specified in its charter) Maryland 27-4443543 (State of incorporation) (I.R.S. Employer Identification No.) 640 Fif ...

SuRo Capital Corp. (NASDAQ:SSSS) Q4 2023 Earnings Conference Call March 13, 2024 5:00 PM ET Company Participants Jackson Stone - Investments Mark Klein - Chairman and CEO Allison Green - CFO Conference Call Participants Operator Hello, and welcome to SuRo Capital's Fourth Quarter and Fiscal Year 2023 Earnings Call. My name is Melissa, and I will be your coordinator for today's event. Please note, this conference is being recorded. And for duration of the call, your lines will be in a listen-only mode. How ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 814-00852 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q SuRo Capital Corp. (Exact name of registrant as specified in its charter) Maryland 27-4443543 (State of incorporation) (I.R.S. Employer Identification No. ...

Financial Data and Key Metrics Changes - The company ended Q3 2023 with a net asset value (NAV) of $212 million, or $8.41 per share, an increase from $7.35 per share at the end of Q2 2023 and $7.83 per share in Q3 2022 [40][27][51] - The increase in NAV per share was primarily driven by a $1.16 per share increase due to net unrealized depreciation of investments during the quarter [27] Business Line Data and Key Metrics Changes - The company made two new investments during the quarter: $5.8 million in FourKites, a supply chain visibility software company, and $1 million in Stake Trade, a sports betting exchange [12][37] - The top five positions accounted for approximately 61% of the investment portfolio at fair value, while the top 10 positions accounted for about 82% [41] Market Data and Key Metrics Changes - The third quarter of 2023 was characterized by ongoing weakness in public equity and bond markets, with economic uncertainty continuing into Q4 [3][32] - The IPO market is broadly closed and is expected to reopen in early 2024, leading to increased volatility in private markets [33] Company Strategy and Development Direction - The company remains focused on shareholder-friendly initiatives, including a share repurchase program, which has been extended through October 31, 2024, with an additional $5 million authorized for repurchases [42][46] - The company is actively seeking new investment opportunities, particularly in the current market environment, and remains patient and selective in evaluating these opportunities [19][11] Management's Comments on Operating Environment and Future Outlook - Management noted that the disconnect between late-stage secondary opportunities and public market performance continues, with private market valuations remaining inconsistent [4][33] - The company believes that having cash available positions it advantageously to seek new opportunities emerging from current market conditions [17] Other Important Information - The company repurchased 186,930 shares of its common stock for approximately $680,000 during the quarter, with a total of 3.2 million shares repurchased year-to-date for about $14.2 million [24][47] - As of quarter end, the company had approximately $105.4 million in liquid assets, including $73.5 million in cash and $20.3 million in short-term US Treasuries [49] Q&A Session Summary - No specific questions or answers were provided in the content regarding the Q&A session, as the call concluded without detailed inquiries [52]

Statements included herein, including statements regarding SuRo Capital Corp.'s ("SuRo Capital", "SSSS", "we", "us" or "our") beliefs, expectations, intentions or strategies for the future, may constitute "forward-looking statements". SuRo Capital cautions you that forwardlooking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements. All forward-looking statements involve a number of risks and unc ...