SuRo Capital(US:SSSS)2024-05-09 02:32Investment Portfolio Overview - Top 5 positions account for 511% of the investment portfolio at fair value[5] - The total fair value of the top 5 positions is $895 million, based on a cost basis of $564 million[5] - As of March 31, 2024, the total investment portfolio fair value was $1750 million, excluding short-term US Treasuries[20] Key Investments - SuRo Capital made a $100 million investment in Canva, Inc's Common Shares in April 2024[21] - SuRo Capital made a $150 million investment in the Class A Interest of CW Opportunity 2 LP in May 2024[22] - CW Opportunity 2 LP will invest in CoreWeave, Inc[4] Financial Performance - SuRo Capital's Net Asset Value (NAV) per share is $717 as of March 31, 2024[10] - Net assets totaled approximately $1817 million at quarter-end[10] - Cash & Short-Term US Treasuries balance of $804 million as of March 31, 2024, excluding public securities[10] - Cash and cash equivalents account for approximately 31% of gross assets as of March 31, 2024[11] Portfolio Company Activity - SuRo Capital invested $03 million in AltC Sponsor LLC on July 21, 2021[25] - AltC Acquisition Corp stockholders approved the business combination between AltC and Oklo Inc on May 7, 2024[25] - The transaction is expected to provide over $306 million of gross proceeds upon closing[25] Industry Theme Allocation - Education Technology accounts for 309% of the portfolio with a fair value of $541 million[28] - Cloud & Big Data accounts for 195% of the portfolio with a fair value of $341 million[28] - Marketplaces accounts for 194% of the portfolio with a fair value of $339 million[28]