v3.25.4
SUBSEQUENT EVENTS
 12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 12—SUBSEQUENT EVENTS

 

Portfolio Activity

 

From January 1, 2026 through March 10, 2026, the Company made the following investments (not including capitalized transaction costs).

 

SCHEDULE OF INVESTMENTS BY COMPANY 

Portfolio Company  Investment  Transaction Date  Amount 
Magnetar Opportunity 2025-4 LP (1)  Class A Interest  1/2/2026  $5,000,000 
Total        $5,000,000 

 

 

(1)Magnetar Opportunity 2025-4 LP is a special purpose vehicle invested in TensorWave, Inc. On December 31, 2025, SuRo Capital committed up to $20.0 million to Magnetar Opportunity 2025-4 LP. As of March 10, 2026, $5.0 million of the $20.0 million capital commitment to Magnetar Opportunity 2025-4 LP had been funded. The remaining commitment of up to $15.0 million is subject to the satisfaction of certain conditions.

 

From January 1, 2026 through March 10, 2026, the Company exited or received proceeds from the following investments.

SCHEDULE OF INVESTMENTS  

Portfolio Company  Transaction Date  Quantity   Average Net Share Price (1)   Net Proceeds   Realized Gain 
GrabAGun Digital Holdings Inc. - Common Shares(2)  Various   106,580   $3.07   $327,016   $213,906 
True Global Ventures 4 Plus Pte Ltd 

3/5/2026

   

N/A

    

N/A

    

245,926

    

—

 
Total               $572,942   $213,906 

  

 

(1)The average net share price is the net share price realized after deducting all commissions and fees on the sale(s), if applicable.
(2)As of March 10, 2026, we continue to hold 933,420 shares of GrabAGun Digital Holdings, Inc.

 

On February 26, 2026, SuRo Capital’s Whoop, Inc. SAFE Note converted into shares of Series G-2 Preferred Stock.

 

The Company is frequently in negotiations with various private companies with respect to investments in such companies. Investments in private companies are generally subject to satisfaction of applicable closing conditions. In the case of secondary market transactions, such closing conditions may include approval of the issuer, waiver or failure to exercise rights of first refusal by the issuer and/or its stockholders and termination rights by the seller or the Company. Equity investments made through the secondary market may involve making deposits in escrow accounts until the applicable closing conditions are satisfied, at which time the escrow accounts will close and such equity investments will be effectuated.

 

 

SURO CAPITAL CORP. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2025