SuRo Capital estimates NAV per share $6.50-$7.00 as of March 31

SuRo Capital (SSSS) provided a preliminary update on its investment portfolio for the first quarter ended March 31. As previously reported, SuRo Capital’s net assets totaled approximately $157.6M, or $6.68 per share, at December 31, and approximately $181.7M, or $7.17 per share at March 31, 2024. As of March 31, SuRo Capital’s net asset value is estimated to be between $6.50 to $7.00 per share. As of March 31, SuRo Capital held positions in 37 portfolio companies – 32 privately held and 5 publicly held, some of which may be subject to certain restrictions and/or lock-up provisions. SuRo Capital’s liquid assets were approximately $18.1M as of March 31, consisting of cash and securities of publicly traded portfolio companies not subject to certain restrictions at quarter-end.