earnings
confidence high
sentiment negative
materiality 0.70
SuRo Capital estimates Q1 2024 NAV $6.90-$7.40/sh, down from $7.99
SURO CAPITAL CORP.
2024-Q1 EPS reported
-$0.87
- Net asset value estimated at $6.90-$7.40 per share vs. $7.99 at Dec 31, 2023.
- Invested $10.0M in Liquid Death Series F-1 Preferred on Jan 18, 2024.
- Completed Modified Dutch Auction Tender Offer: repurchased 2M shares at $4.70/sh, 58.8% of Dec 31 NAV.
- Liquid assets approx. $84.6M as of Mar 31, 2024; $20.7M remaining in share repurchase program.
- Portfolio includes 38 companies (35 private, 3 public); sold remaining Nextdoor position for $0.2M.