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Jun 30, 2022

SuRo Capital Q2 2022 Earnings Report

Announced second quarter 2022 financial results.

Key Takeaways

SuRo Capital Corp. reported net assets of approximately $280.2 million, or $9.24 per share, at June 30, 2022. The company held positions in 40 portfolio companies with an aggregate fair value of approximately $200.1 million.

Net assets totaled approximately $280.2 million, or $9.24 per share, at June 30, 2022.

Added two new companies to the investment portfolio: Whoop, Inc. and EDGE Markets, Inc.

Made a follow-on investment in Shogun Enterprises, Inc. (d/b/a Hearth).

Liquid assets were approximately $169.4 million as of June 30, 2022.

Total Revenue
$891K
Previous year: $275K
+224.1%
EPS
-$0.12
Previous year: -$0.07
+71.4%
Cash and Equivalents
$169M
Previous year: $227M
-25.2%
Total Assets
$280M
Previous year: $440M
-36.3%

SuRo Capital

SuRo Capital

Forward Guidance

SuRo Capital authorized a modified Dutch Auction Tender Offer to purchase up to 2 million shares of its common stock at a price per share between $6.00 and $7.00.