•
Jun 30, 2020
SuRo Capital Q2 2020 Earnings Report
Reported financial results for the quarter ended June 30, 2020.
Key Takeaways
SuRo Capital reported financial results for the second quarter of 2020, with net assets totaling approximately $192.7 million, or $11.84 per share. The company declared a $0.15 per share dividend and made new and follow-on investments in several companies.
Net asset value was $11.84 per share as of June 30, 2020, the highest dividend-adjusted net asset value per share in five years.
A dividend of $0.15 per share was declared on July 29, 2020.
New investments included a $5.0 million equity investment in Rent the Runway, Inc. and a $6.9 million collateralized loan to Palantir Lending Trust.
The company repurchased 594,637 shares for an aggregate purchase price of $3.6 million during the quarter.