secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001104659-24-107766
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SuRo Capital Q3 preliminary NAV $6.50-$7.00; invests $17.5M in OpenAI, $5M in CoreWeave
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- NAV estimated between $6.50-$7.00 per share at Sep 30, 2024, down from $6.94 at Jun 30, 2024.
- Invested $17.5M in OpenAI via ARK Type One Deep Ventures Fund and $5M in CoreWeave common shares in Q3.
- Post-quarter: $12M in VAST Data (via IH10, LLC) and additional $5M in CoreWeave Series A Preferred.
- Q3 exits realized losses: OneValley ($6.6M), SPBRX ($6.8M), YouBet ($0.8M), Churchill ($0.3M).
- Issued additional $5M of 6.50% Convertible Notes due 2029 (total $30M); repurchased $1.2M of 6.00% Notes due 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465924107766/0001104659-24-107766-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465924107766/tm2426023d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-107766

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