Suro Capital Corp. · NASDAQ:SSSS
Suro Capital — Q1 2026 Earnings Presentation
11 slides from Suro Capital's earnings presentation, May 5, 2026
Slide 1: Q1 2026 Earnings Call
Q1 2026 Earnings Call May 5, 2026
Slide 2: Forward Looking Statements
Forward Looking Statements Statements included herein, including statements regarding SuRo Capital Corp.'s ("SuRo Capital", "SSSS", "we", "us" or "our") beliefs, expectations, intentions or strategies for the future, may constitute "forward-looking statements". SuRo Capital cautions you that forward
Slide 3: Q1 2026 Earnings Overview
Q1 2026 Earnings Overview o1 SuRo Capital’s Net Asset Value (“NAV”) Per Share is $14.24 as of March 31, 2026 o Largest quarter-over-quarter increase in NAV per share since inception (~76%) o Net Assets of approximately $361.6 million at quarter-end o2 Recent Portfolio Company Activity o OpenAI Globa
Slide 4: Portfolio Highlight – ARK Type One Deep Ventures Fund LLC
Portfolio Highlight – ARK Type One Deep Ventures Fund LLC About OpenAI Global, LLC SuRo Capital Investment • In September 2024, SuRo Capital invested $17.5 • OpenAI Global, LLC is an artificial intelligence million in the Class A Interest of ARK Type One research organization focused on developing a
Slide 5: Portfolio Highlight – Whoop, Inc.
Portfolio Highlight – Whoop, Inc. About Whoop, Inc. SuRo Capital Investment • On June 30, 2022, SuRo Capital made a $10.0 million • Whoop, Inc. is a personalized 24/7 digital fitness investment in the company’s Series C shares via a wearable that provides intelligent health guidance secondary transa
Slide 6: Portfolio Highlight – Plaid Inc.
Portfolio Highlight – Plaid Inc. About Plaid Inc. SuRo Capital Investment • In Q2 2025, SuRo Capital made a $5.0 million investment in Plaid Inc.’s Class A Common Shares • Plaid Inc. is a fintech platform that enables via a sole limited partnership interest in 1789 Capital secure, seamless connectiv
Slide 7: Investment Activity – Magnetar Opportunity 2025-4 LP
Investment Activity – Magnetar Opportunity 2025-4 LP About TensorWave, Inc. SuRo Capital Investment • TensorWave, Inc. is a Las Vegas-based AI • On December 31, 2025, SuRo Capital made infrastructure provider focused exclusively on $20.0 million in total commitments to AMD Instinct accelerators, pos
Slide 8: Investment Portfolio Activity
Investment Portfolio Activity Investments – During Q1 2026 Portfolio Company Investment Transaction Date Amount(1) Magnetar Opportunity 2025-4 LP(2) Class A Interest 1/2/2026 $5.0 million Realizations – During Q1 2026 Transaction Quantity/ Average Net Portfolio Company Date Initial Capital Share Pri
Slide 9: Top Positions = 72% of Investment Portfolio at Fair Value
Top 5 Positions = 72% of Investment Portfolio at Fair Value Based on Total Investment Portfolio Fair Value of $388.5 million at March 31, 2026 Cost Basis Fair Value % of Investment Portfolio Company ($ in millions) ($ in millions) Portfolio 1 $11.0 $150.8 38.8% ARK Type One Deep (1) 2 Ventures Fund
Slide 10: Key Industry Themes
Key Industry Themes As a Percentage of Total Investment Portfolio at Fair Value at March 31, 2026 Fair Value Legend Industry Theme(1) % of Portfolio ($ in millions) Consumer Goods and Services $167.6 43.0% Artificial Intelligence Infrastructure & Applications $113.0 29.1% 43.0% Software-as-a-Service
Slide 11: Financial Highlights
Financial Highlights For the Quarter Ended March 31, 2026 First Quarter 2026 Amount Per Share(1) ($ in millions) Net Assets at Beginning of Year $205.3 $8.09 Net Investment Loss $(4.0) $(0.16) Net Realized Gain on Investments $0.9 $0.04 Net Change in Unrealized Appreciation of Investments $158.7 $6.