Brian McKenna

Marvin Fong

Alexander Paris

- SuRo Capital reported a **net asset value of $9.23 per share** as of September 30, 2025, or **$8.93 per share on a dividend-adjusted basis**, reflecting valuation appreciation in its investment portfolio.  **[0001509470_2233360_1]** **[0001509470_2233360_5]** **[0001509470_2233360_6]** 
- The company's strategy remains focused on **AI infrastructure**, with key holdings including **CoreWeave** and **OpenAI**.  **[0001509470_2233360_1]** **[0001509470_2233360_5]**  SuRo Capital monetized approximately **16.6%** of its CoreWeave position in Q3 2025, generating **$7.2 million** in net proceeds, with additional monetizations of **$7 million** subsequent to quarter end.  **[0001509470_2233360_2]** **[0001509470_2233360_5]** 
- **OpenAI**, a significant holding, is reportedly contemplating a **$1 trillion IPO**, which would be substantially higher than its Q3 valuation based on a **$300 billion** funding round.  **[0001509470_2233360_1]** **[0001509470_2233360_2]** 
- SuRo Capital declared a **$0.25 per share cash dividend** payable on December 5, 2025, following a similar dividend paid in July 2025, and anticipates further dividends in late 2025 or early 2026.  **[0001509470_2233360_4]** **[0001509470_2233360_7]** 
- The board extended its share repurchase authorization, with approximately **$25 million** remaining for buybacks, and authorized the repurchase of up to an additional **$40 million** of its 6% notes due 2026.  **[0001509470_2233360_4]** **[0001509470_2233360_6]**

SuRo Capital Reports Q3 2025 NAV of $9.23 Per Share, Highlights AI Investments and Capital Allocation

- SuRo Capital's **Net Asset Value (NAV) per share** increased to **$9.23** as of September 30, 2025, up from $8.93 per share at June 30, 2025.  **[0001509470_2233257:3]** **[0001509470_2233257:7]** 
- The company declared a **$0.25 per share cash dividend** on November 3, 2025, payable on December 5, 2025.  **[0001509470_2233257:3]** 
- SuRo Capital maintained its valuation of **OpenAI** at the previous **$300 billion** post-money valuation as of September 30, 2025, despite a Bloomberg report on October 2, 2025, valuing the company at $500 billion.  **[0001509470_2233257:3]** **[0001509470_2233257:4]** 
- For Q3 2025, the company reported a **Net Investment Loss of ($3.5 million)**, **Net Realized Gain on Investments of $5.2 million**, and **Net Change in Unrealized Appreciation of Investments of $5.7 million**.  **[0001509470_2233257:7]** 
- The Board of Directors approved an extension of the Note Repurchase program to repurchase up to an additional **$40.0 million** in aggregate principal amount of its 6.00% Notes due 2026.  **[0001509470_2233257:3]**

SuRo Capital Reports Q3 2025 Earnings

- SuRo Capital Corp. reported a **Net Asset Value of $9.23 per share** as of **September 30, 2025**, an increase from $6.73 per share at September 30, 2024.  **[1509470_0001493152-25-020747_ex99-1.htm:0]** 
- For the third quarter ended September 30, 2025, the company reported a **net increase in net assets resulting from operations of $7.4 million**, or **$0.30 per share**, driven by **$5.2 million in net realized gains** and **$5.7 million in net unrealized appreciation** on investments.  **[1509470_0001493152-25-020747_ex99-1.htm:2]** 
- The Board of Directors declared a **cash dividend of $0.25 per share**, payable on December 5, 2025.  **[1509470_0001493152-25-020747_ex99-1.htm:0]** **[1509470_0001493152-25-020747_ex99-1.htm:3]** 
- As of September 30, 2025, SuRo Capital's investment portfolio had an aggregate fair value of approximately **$252.2 million** across **37 portfolio companies**, and the company made a **$5 million investment** in HL Digital Assets, Inc. during the quarter.  **[1509470_0001493152-25-020747_ex99-1.htm:0]** **[1509470_0001493152-25-020747_ex99-1.htm:2]** 
- The company extended its Share Repurchase Program, with approximately **$25.0 million** remaining for repurchases, and also extended its Note Repurchase Program for up to an additional **$40.0 million** of its 6.00% Notes due 2026.  **[1509470_0001493152-25-020747_ex99-1.htm:3]**

SURO CAPITAL (SSSS)