SURO Capital Corp. 8-K Updates Corporate & Securities Info

TL;DR

**SURO Capital filed an 8-K confirming its common stock and 6.00% Notes are publicly registered.**

AI Summary

SURO Capital Corp. (SSSS) filed an 8-K on January 16, 2024, to update its corporate information, specifically noting its Common Stock, par value $0.01 per share, is registered on the Nasdaq Global Select Market. This filing also mentions its 6.00% Notes Due 2026. This matters to investors because it confirms the company's current registration details and outstanding debt, providing transparency on its publicly traded securities and financial obligations.

Why It Matters

This filing provides current details on SURO Capital Corp.'s registered securities and corporate structure, which is essential for investors to verify the company's public trading status and understand its capital structure.

Risk Assessment

Risk Level: low — This filing is primarily administrative, updating corporate information and confirming existing securities, posing minimal direct risk.

Analyst Insight

A smart investor would note this filing as a routine update, confirming the company's current public listing details and existing debt instruments. It doesn't signal a need for immediate action but reinforces the transparency of their publicly traded securities.

Key Numbers

• $0.01 — Common Stock Par Value (The nominal value assigned to each share of SURO Capital's common stock.)
• 6.00% — Notes Interest Rate (The annual interest rate on SURO Capital's outstanding Notes Due 2026.)
• 2026 — Notes Due Date (The year SURO Capital's 6.00% Notes are scheduled to mature.)

Key Players & Entities

• SURO CAPITAL CORP. (company) — the registrant filing the 8-K
• Nasdaq Global Select Market (company) — the exchange where SURO Capital's Common Stock is registered
• $0.01 (dollar_amount) — par value per share of Common Stock
• 6.00% (dollar_amount) — interest rate of the Notes Due 2026
• 2026 (date) — maturity year of the Notes

FAQ

Key Financial Figures

• $0.01 — registered: Common Stock, par value $0.01 per share SSSS Nasdaq Global Select M
• $212.0 m — ital's net assets totaled approximately $212.0 million, or $8.41 per share, at September
• $8.41 — otaled approximately $212.0 million, or $8.41 per share, at September 30, 2023, and a
• $210.0 m — t September 30, 2023, and approximately $210.0 million, or $7.39 per share, at December
• $7.39 — 3, and approximately $210.0 million, or $7.39 per share, at December 31, 2022. As of
• $7.85 — asset value is estimated to be between $7.85 and $8.35 per share. As of December 31
• $8.35 — ue is estimated to be between $7.85 and $8.35 per share. As of December 31, 2023, th
• $1.6 million — B Units & Class W Units 11/20/2023 $1.6 million FourKites, Inc. (1) Common Shares
• $2.7 million — Inc. (1) Common Shares 12/21/2023 $2.7 million Xgroup Holdings Limited (d/b/a Xpoint
• $0.3 million — ) (2) Convertible Note 10/26/2023 $0.3 million (1) Represents a follow-on investmen
• $3.56 — lobal, Inc. (2) Various 1,465,994 $3.56 $5.2 million $3.9 million NewLake
• $5.2 million — nc. (2) Various 1,465,994 $3.56 $5.2 million $3.9 million NewLake Capital Partne
• $3.9 million — us 1,465,994 $3.56 $5.2 million $3.9 million NewLake Capital Partners, Inc. (3)
• $14.02 — artners, Inc. (3) Various 105,820 $14.02 $1.5 million $(0.7 million) Nextd
• $1.5 million — Inc. (3) Various 105,820 $14.02 $1.5 million $(0.7 million) Nextdoor Holdings, I

Filing Documents

• tm243532d1_8k.htm (8-K) — 47KB
• tm243532d1_ex99-1.htm (EX-99.1) — 29KB
• tm243532d1_ex99-1img001.jpg (GRAPHIC) — 3KB
• 0001104659-24-004100.txt ( ) — 304KB
• ssss-20240116.xsd (EX-101.SCH) — 4KB
• ssss-20240116_def.xml (EX-101.DEF) — 26KB
• ssss-20240116_lab.xml (EX-101.LAB) — 36KB
• ssss-20240116_pre.xml (EX-101.PRE) — 25KB
• tm243532d1_8k_htm.xml (XML) — 5KB

Forward-Looking Statements

Forward-Looking Statements including statements regarding the Company's beliefs, expectations, intentions, or strategies for the future, may constitute "forward-looking or developments may differ materially from those projected or implied in these statements. All forward-looking statements involve a number of risks and uncertainties, including the impact of any market volatility that may be detrimental to our business, our portfolio companies, our industry, and the global economy, that could cause actual results to differ materially from the plans, intentions, and expectations reflected in or suggested by the forward-looking statements. Risk factors, cautionary statements, and other conditions which could cause the Company's actual results to differ from management's current expectations, are contained in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances that may arise after the date of this Current Report on Form 8-K. Item 9.01. Financial Statements and Exhibits. Exhibit No. Description Exhibit 99.1 Press Release dated January 16, 2024* Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * The press release attached hereto as Exhibit 99.1 is "furnished" and not "filed," as described in Item 2.02 of this Current Report on Form 8-K. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 16, 2024 SURO CAPITAL CORP. By: /s/ Allison Green Allison Green Chief Financial Officer, Chief Compliance Officer, Treasurer and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR