secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001104659-23-032794
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SuRo Capital Q4 NAV drops to $7.39; FY2022 net operating loss of $132.2M
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- Net assets $210.0M ($7.39/sh) at Dec 31, 2022, down from $11.72/sh a year ago.
- Q4 net investment loss $2.9M ($0.10/sh); full-year net loss from ops $132.2M vs +$147.1M in 2021.
- Portfolio fair value $157.2M across 39 cos; top holding Learneo (Course Hero) at $50.5M (32.2%).
- Repurchased over 3M shares in FY2022; $16.4M remaining under buyback through Oct 2023.
- CEO: minimal SVB exposure (<$2K checking); cash at US Bank and short-term Treasuries; $125M investable capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465923032794/0001104659-23-032794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465923032794/tm239694d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-032794

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