other material
confidence high
sentiment negative
materiality 0.75
SuRo Capital prelim Q4 NAV $7.15-$7.65/share; down from $7.83 at Sep 30
SURO CAPITAL CORP.
- NAV estimate $7.15-$7.65 per share at Dec 31, 2022, vs $7.83 at Sep 30, 2022 and $11.72 a year ago.
- Invested $10M in Locus Robotics Series F Preferred on Nov 30, 2022.
- Q4 exits: Kahoot!, Rent the Runway, Rover Group; aggregate net proceeds ~$0.9M, realized losses ~$1.9M.
- Post-year-end: invested $2M in Orchard Technologies; fully sold Rent the Runway stake for $0.2M proceeds, loss of $1.0M.
- Portfolio consists of 39 companies (33 private, 6 public); ~$125M investable capital available.