secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2023-04-10T23:59:59+00:00
Accession:  0001104659-23-043546
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465923043546/0001104659-23-043546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465923043546/tm2312225d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-043546

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