secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2022-07-12T23:59:59+00:00
Accession:  0001104659-22-079222
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SuRo Capital prelim Q2 NAV drops 24% QoQ to $9.00-$9.50 per share; invests $11M, repurchases $6.9M in shares
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- Net asset value per share estimated $9.00-$9.50, down from $12.22 at Q1 2022 and $16.56 a year ago.
- Made $11M in new investments: $10M secondary in Whoop, $0.5M Hearth convertible note, $0.5M EDGE Markets.
- Exits generated ~$3.9M net proceeds; realized gains on Rover ($1.1M) and True Global ($0.2M), loss on Rent the Runway (-$0.6M).
- After Q2, sold 626,955 Enjoy Tech shares for $0.2M with $3.0M realized loss; also sold Rover and RENT shares.
- Repurchased 855,159 shares for $6.9M in Q2; $16.4M remaining under $55M program through Oct 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465922079222/0001104659-22-079222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465922079222/tm2220894d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-079222

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer