secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2022-10-14T23:59:59+00:00
Accession:  0001104659-22-108819
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SuRo Capital estimates Q3 2022 NAV per share of $7.55-$8.05, down from $9.24 at June 30
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- Net asset value per share estimated between $7.55 and $8.05 as of Sep 30, 2022, vs $9.24 at June 30 and $14.79 a year ago.
- Completed Modified Dutch Auction Tender Offer for 2.0M shares at $6.60/share (71.4% of June 30 NAV per share).
- Invested $2.4M in three companies: Xpoint ($1M convertible note), Orchard Technologies ($0.5M SAFE), Forge Global ($0.9M shares via warrant exercise).
- Exited positions: realized a $5.3M loss from Enjoy Technology and a $0.6M gain from Palantir Lending Trust SPV I.
- Cash and cash equivalents approximately $140.0M; share repurchase program has $16.4M remaining through Oct 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465922108819/0001104659-22-108819-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465922108819/tm2228199d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-108819

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