---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-015439"
form_type: "8-K"
ticker: "SSSS"
cik: "0001509470"
company_name: "SURO CAPITAL CORP."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T07:00:45.943735+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-015439
- form_type: 8-K
- ticker: SSSS
- cik: 0001509470
- company_name: SURO CAPITAL CORP.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509470/000149315226015439/0001493152-26-015439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509470/000149315226015439/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-015439
- JSON: https://secwatch.observer/filing/0001493152-26-015439.json
- Plain text: https://secwatch.observer/filing/0001493152-26-015439.txt

## Key facts
- Earnings Releases
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1509470/000149315226015439/0001493152-26-015439-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.