---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-021301"
form_type: "8-K"
ticker: "SSSS"
cik: "0001509470"
company_name: "SURO CAPITAL CORP."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:20:31.416228+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# SuRo Capital NAV surges 76% to $14.24; Board approves externalization with Magnetar

## Summary
- Net assets $361.6M ($14.24/share) vs $8.09 at Dec 31, 2025; $6.15/share gain in Q1.
- Board approved transition to externally managed structure via Neostellar Advisors LLC (joint venture with Magnetar), subject to stockholder vote.
- Magnetar affiliate to invest $20M in SuRo; current management (Klein, Green) to remain.
- Top holdings: WHOOP ($150.8M), OpenAI fund ($59.3M), VAST Data ($32.8M), Blink Health ($21.0M), CoreWeave ($15.9M).
- Q1 net realized gain $0.9M; unrealized appreciation $158.7M; net investment loss $4.0M.

## SEC filing metadata
- accession: 0001493152-26-021301
- form_type: 8-K
- ticker: SSSS
- cik: 0001509470
- company_name: SURO CAPITAL CORP.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509470/000149315226021301/0001493152-26-021301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509470/000149315226021301/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-021301
- JSON: https://secwatch.observer/filing/0001493152-26-021301.json
- Plain text: https://secwatch.observer/filing/0001493152-26-021301.txt

## Key facts
- Earnings Releases
  SURO CAPITAL CORP. reported financial results for the fiscal quarter ended March 31, 2026.
  - Period: the fiscal quarter ended March 31, 2026
  - Result: reported results
  source text: SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS ) today announced its financial results for the first quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1509470/000149315226021301/0001493152-26-021301-index.htm

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