Record Net Asset Value Growth
SuRo Capital reported a net asset value of $9.18 per share, representing a 38% increase from the prior quarter and the largest increase since inception.
Successful Monetization of CoreWeave Investment
SuRo Capital sold approximately 40% of its initial CoreWeave investment, generating $25.3 million in net proceeds and $15.3 million in realized gains.
OpenAI's Landmark Financing
OpenAI closed a second tranche of its $40 billion financing round, achieving a $300 billion post-money valuation. Discussions are ongoing for a secondary sale at a $500 billion valuation.
ServiceTitan Investment Exit
The company fully exited its investment in ServiceTitan, realizing a gain of approximately $6 million.
Plaid Investment
SuRo Capital made a $5 million investment in Plaid, a key player in the fintech ecosystem, as part of a $575 million financing round.
Dividend Declaration
The Board of Directors declared a cash dividend of $0.25 per share, paid on July 31.