SuRo Capital prelim Q1 NAV $7.35-$7.85; tender offer up to 3M shares

SURO CAPITAL CORP.

Estimated NAV per share $7.35-$7.85 vs $7.39 at Dec 31, 2022; shares outstanding 28.3M.
Liquid assets ~$135.6M (cash, Treasuries, public securities) as of March 31, 2023.
New investment: $2.0M in Orchard Technologies Series 1 Senior Preferred on Jan 13, 2023.
Exits generated ~$2.6M net proceeds with realized losses: Kahoot! ($0.1M), NewLake ($0.2M), Rent the Runway ($1.0M).
Dutch auction tender offer to buy up to 3M shares (10.6% outstanding) at $3.00-$4.50, expiring April 17, 2023.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

SURO CAPITAL CORP. reported first quarter ended March 31, 2023 results: EPS $7.35 to $7.85 per share.

Period: first quarter ended March 31, 2023
EPS: $7.35 to $7.85 per share
Result: preliminary results

Exact text from the filing

we anticipate SuRo Capital’s net asset value to be approximately $7.35 to $7.85 per share.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

SURO CAPITAL CORP. filing history →

Source: SEC EDGAR

accession 0001104659-23-043546

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