SuRo Capital Corp. Third Quarter 2025 Preliminary Investment Portfolio Update

Core Insights - SuRo Capital anticipates a net asset value between $9.00 and $9.50 per share as of September 30, 2025 [4] - The company invested $5 million in HL Digital Assets, Inc., which is involved in the digital token HYPE [3] - Strong portfolio momentum is attributed to investments in AI and AI infrastructure [2] Investment Portfolio Update - As of September 30, 2025, SuRo Capital held positions in 37 portfolio companies, including 33 privately held and 4 publicly held [5] - Recent investments include a $0.3 million convertible note in Supplying Demand, Inc. and $5 million in preferred shares of HL Digital Assets, Inc. [5] - The company realized $7.2 million from CW Opportunity 2 LP and $0.7 million from GrabAGun Digital Holdings Inc. during the quarter [5] Financial Performance - SuRo Capital's liquid assets were approximately $58.3 million as of September 30, 2025 [7] - The company sold 1,230,984 shares under its at-the-market offering for gross proceeds of approximately $10.8 million [8] - An initial cash dividend of $0.25 per share was declared at the beginning of the third quarter [3][9] Market Position - OpenAI's recent secondary share sale valued the company at $500 billion, reinforcing its status as the most valuable private company globally [3] - SuRo Capital remains committed to investing in next-generation companies, particularly in the AI sector [3]