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SuRo Capital(SSSS) - 2025 Q1 - Quarterly Results
SSSSSuRo Capital(SSSS)2025-04-07 13:24

Financial Performance - As of March 31, 2025, SuRo Capital's net asset value is estimated to be between 6.50and6.50 and 7.00 per share, compared to 6.68pershareatDecember31,2024[9].Thetotalnetassetsincreasedfromapproximately6.68 per share at December 31, 2024[9]. - The total net assets increased from approximately 157.6 million at December 31, 2024, to approximately 181.7millionatMarch31,2025[9].Thepreliminaryfinancialestimatesprovidedareunauditedandsubjecttochange,withactualresultspotentiallydifferingmaterially[13].InvestmentActivitiesThecompanyheldpositionsin37portfoliocompaniesasofMarch31,2025,including32privatelyheldand5publiclyheld[11].DuringQ12025,SuRoCapitalinvestedatotalof181.7 million at March 31, 2025[9]. - The preliminary financial estimates provided are unaudited and subject to change, with actual results potentially differing materially[13]. Investment Activities - The company held positions in 37 portfolio companies as of March 31, 2025, including 32 privately held and 5 publicly held[11]. - During Q1 2025, SuRo Capital invested a total of 1.3 million in Orchard Technologies, Inc. and 1.0millioninWhoop,Inc.[11].Subsequenttothequarterend,thecompanyinvested1.0 million in Whoop, Inc.[11]. - Subsequent to the quarter-end, the company invested 5.0 million in Plaid Inc. on April 4, 2025[12]. Shareholder Information - There are 23,551,859 shares of common stock outstanding as of March 31, 2025[10]. Future Outlook - The company expects to announce its first quarter results for the period ended March 31, 2025, in May 2025[14]. - The company cautions that forward-looking statements regarding future performance involve risks and uncertainties that could cause actual results to differ materially[15]. - The company is not classified as an emerging growth company under the Securities Act[5].