secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001104659-22-116334
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SuRo Capital Q3 2022 NAV drops to $7.83/share from $14.79 YoY; net loss of $45.9M
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- Net investment loss $3.8M; net realized loss on investments $5.1M; unrealized depreciation $37.0M.
- NAV per share $7.83 at Sep 30, 2022, down 15% from $9.24 at Jun 30 and 47% from $14.79 a year ago.
- Completed Modified Dutch Auction Tender Offer, repurchased 2.0M shares at $6.60/share, representing 71.4% of NAV.
- Share repurchase program extended through Oct 31, 2023; $16.4M remaining authorization.
- Top five holdings represent 62% of portfolio fair value: Course Hero, Blink Health, Orchard, Architect, StormWind.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465922116334/0001104659-22-116334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465922116334/tm2230042d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-116334

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