secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001104659-25-045141
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000110465925045141/0001104659-25-045141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000110465925045141/tm2514204d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-045141

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