SuRo Capital Q1 2025 NAV $6.66; CoreWeave IPO, OpenAI $40B raise noted

SURO CAPITAL CORP.

2025-Q1 EPS reported -$0.03

NAV per share $6.66 at March 31, 2025, vs $6.68 at Dec 31, 2024 and $7.17 a year ago.
Net investment loss $3.7M ($0.16/share); net unrealized appreciation $2.9M.
CoreWeave completed largest tech IPO since 2021; OpenAI closed $40B raise at $300B valuation.
Post-quarter: $5.0M investment in Plaid (via SPV) and $1.0M follow-on in WHOOP.
Issued additional $5.0M of 6.50% Convertible Notes due 2029 in Jan 2025; total $35.0M outstanding.

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