Suro Capital Corp. Files Q1 2025 10-Q
Ticker: SSSSL · Form: 10-Q · Filed: May 7, 2025 · CIK: 1509470
| Field | Detail |
|---|---|
| Company | Suro Capital Corp. (SSSSL) |
| Form Type | 10-Q |
| Filed Date | May 7, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, investments, debt
TL;DR
Suro Capital (formerly GSV) Q1 2025 10-Q filed. Investments and debt details out.
AI Summary
Suro Capital Corp. filed its quarterly report for the period ending March 31, 2025. The company, formerly known as Sutter Rock Capital Corp., GSV Capital Corp., and NeXt Innovation Corp., is incorporated in Maryland and headquartered in New York. The filing details financial information related to its investments and debt, including $6.00 Notes due 2026.
Why It Matters
This filing provides investors with an update on Suro Capital Corp.'s financial position and investment portfolio for the first quarter of 2025, crucial for understanding the company's performance and outlook.
Risk Assessment
Risk Level: medium — As a capital corporation, Suro's performance is inherently tied to the volatile nature of its investments, making it susceptible to market fluctuations.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 2024-12-31 — Prior Period End Date (Provides a comparison point for financial performance.)
- 0.01 — Common Stock Par Value (Indicates the nominal value per share of common stock.)
Key Players & Entities
- SURO CAPITAL CORP. (company) — Filer
- SUTTER ROCK CAPITAL CORP. (company) — Former Company Name
- GSV Capital Corp. (company) — Former Company Name
- NeXt Innovation Corp. (company) — Former Company Name
- 20250331 (date) — Reporting Period End Date
- 20250507 (date) — Filing Date
- $6.00 Notes due 2026 (dollar_amount) — Debt Instrument
FAQ
What was Suro Capital Corp.'s total investment value as of March 31, 2025?
The filing indicates 'us-gaap:InvestmentsMember' for March 31, 2025, but the specific total dollar amount is not provided in this excerpt.
What is the maturity date for the $6.00 Notes?
The filing explicitly mentions 'Sec6.00NotesDue2026Member', indicating the notes are due in 2026.
When did Suro Capital Corp. change its name from Sutter Rock Capital Corp.?
The filing states the 'DATE OF NAME CHANGE' from SUTTER ROCK CAPITAL CORP. to SURO CAPITAL CORP. was 20190731.
What is the company's state of incorporation?
Suro Capital Corp. is incorporated in Maryland (MD).
What was the company's fiscal year end?
The company's fiscal year ends on December 31 (1231).
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding SURO CAPITAL CORP. (SSSSL).