SuRo Capital Corp
NASDAQ:SSSS

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SuRo Capital Corp
NASDAQ:SSSS
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Price: 9.28 USD -0.32% Market Closed
Market Cap: 233.1m USD

SuRo Capital Corp
Investor Relations

SuRo Capital (Nasdaq: SSSS, formerly known as GSV Capital) is a publicly-traded fund that seeks to invest in high-growth, venture-backed private companies. The company is headquartered in New York City, New York and currently employs 9 full-time employees. The company went IPO on 2011-04-28. The firm's investment objective is to maximize its portfolio’s total return, principally by seeking capital gains on equity and equity-related investments, and to a lesser extent, income from debt investments. The firm acquires its investments through direct investments in prospective portfolio companies, secondary marketplaces for private companies, and negotiations with selling stockholders. In addition, the Company invests in private credit and in the founders equity, founders warrants, forward purchase agreements, and private investment in public equity (PIPE) transactions of special purpose acquisition companies (SPACs). The company may also invest on an opportunistic basis in select publicly traded equity securities or certain non-United States companies and make investments in private equity funds and hedge funds. The firm's investor adviser is GSV Asset Management, LLC.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 4, 2025
AI Summary
Q3 2025

Strong AI Focus: SuRo Capital highlighted its early, conviction-driven investments in AI infrastructure—CoreWeave, OpenAI, and VAST Data—which have delivered transformative returns and positioned the portfolio for generational growth.

Portfolio Growth: Net asset value per share increased to $9.23 from $9.18 in the prior quarter, primarily due to appreciation in key holdings and realized gains.

Key Monetizations: The company sold portions of its CoreWeave position, generating over $14 million in proceeds to date, while still retaining a significant stake.

Dividend & Buybacks: A $0.25 per share dividend was declared, with more distributions likely in Q4 or early 2026; share and note repurchase programs were extended.

OpenAI Valuation: Media reports suggest a potential $1 trillion IPO for OpenAI, which could make up about a third of SuRo’s net assets on a pro forma basis.

New Investments: SuRo invested $5 million in HL Digital Assets (HYPE/Hyperliquid) and made a follow-on investment in Liquid Death.

Portfolio Concentration: The top five positions account for 52% and the top ten for 75% of the portfolio's fair value, with AI infrastructure as the largest segment.

Key Financials
Net Asset Value
$231.8 million
Net Asset Value per Share
$9.23
Dividend per Share
$0.25
CoreWeave Position (Fair Value at 9/30)
$37 million
CoreWeave Monetizations (Aggregate to date)
$14.2 million
WHOOP Fair Value (approximate)
$30 million
Shares Outstanding
25,119,091
Top 5 Positions (as % of portfolio)
52%
Top 10 Positions (as % of portfolio)
75%
AI Infrastructure & Applications (as % of portfolio)
30%
Liquidity
$58.3 million
Cash Balance
$54.6 million
ATM Shares Sold in Q3
1,230,984
ATM Gross Proceeds in Q3
$10.8 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Mark David Klein
Chairman, President & CEO
No Bio Available
Ms. Allison Green CPA
CFO, Treasurer, Chief Compliance Officer & Corporate Secretary
No Bio Available
Mr. Maulik Sardhara
Controller
No Bio Available
Mr. Adam Bates
Vice President
No Bio Available
Mr. Evan Schlossman
Investor
No Bio Available
Ms. Jazelyn Jose
Finance Associate
No Bio Available

Contacts

Address
NEW YORK
New York City
640 Fifth Avenue, 12Th Floor
Contacts
+16502354769.0
surocap.com