secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001104659-23-089302
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SuRo Capital Q2 2023 NAV $7.35; realized loss $13.3M; buyback up to $60M
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- NAV per share $7.35 at June 30, 2023, down from $7.59 at March 31 and $9.24 a year ago.
- Net realized loss on investments $13.3M (Q2 2023) vs $2.0M in Q2 2022; net loss from operations $(15.6M) vs $(94.3M) prior year.
- Board authorized $5M increase to share repurchase program, raising aggregate to $60M; extended through Oct 31, 2024; $21.4M remains available.
- Completed Modified Dutch Auction Tender Offer on April 21, 2023, repurchasing 3M shares at $4.50 per share (10.6% of outstanding).
- New investments: $10M secondary in ServiceTitan, $0.5M SAFE in PayJoy; post-Q2 $5.8M in FourKites, $0.5M in Hearth, $1.0M in Prophet Exchange.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465923089302/0001104659-23-089302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465923089302/tm2323308d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-089302

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