secwatch.observer — SEC 8-K summary
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Issuer:     SURO CAPITAL CORP. (SSSS)
CIK:        0001509470
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001493152-26-021301
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509470/000149315226021301/0001493152-26-021301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509470/000149315226021301/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-021301

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