SuRo Capital proposes externalization with Magnetar; Q1 NAV est. $14.00-$14.50

SURO CAPITAL CORP.

Q1 2026 estimated NAV per share $14.00-$14.50; liquid assets ~$46M as of March 31, 2026.
Board proposes externalization via joint venture with Magnetar (AUM ~$17.8B); stockholder vote required.
Externalization expected to yield annual cost savings of 0.77% of avg total assets; no incentive fee on existing portfolio.
Magnetar to invest $20M in SuRo Capital; management (Klein, Green) to continue under new adviser.
If approved, name to change to Neostellar Capital Corp.; conditional restricted shares and cash bonuses for executives.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SURO CAPITAL CORP. reported preliminary financial results for the first quarter ended March 31, 2026.

Period: the first quarter ended March 31, 2026
Result: preliminary results

Exact text from the filing

On April 7, 2026, SuRo Capital Corp. (“SuRo Capital” or the “Company”) issued a press release containing preliminary estimates of its results for the first quarter ended March 31, 2026 (the “Press Release”).

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

SURO CAPITAL CORP. filing history →

Source: SEC EDGAR

accession 0001493152-26-015439

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