Suro Capital Corp. · NASDAQ:SSSS
Suro Capital — Neostellar Capital — Q2 2026 Earnings Presentation
10 slides from Suro Capital's earnings presentation, Aug 5, 2026
Slide 1: Q2 2026 Earnings Call
Q2 2026 Earnings Call August 5, 2026
Slide 2: Forward Looking Statements
Forward Looking Statements Statements included herein, including statements regarding Neostellar Capital Corp. (formerly known as SuRo Capital Corp.) (“Neostellar Capital", “NSLR”, the “Company", "we", "us" or "our”), our beliefs, expectations, intentions or strategies for the future, and our extern
Slide 3: Q2 2026 Earnings Overview
Q2 2026 Earnings Overview Neostellar Advisors Launch Quarter-End NAV Joint venture with Magnetar $13.44 per share • Externalization effective July 15, 2026 Net assets of approximately $355.9 million as of • An affiliate of Magnetar invested $20.0 million in Neostellar June 30, 2026. subsequent to qu
Slide 4: Portfolio Highlight – OpenAI Global, LLC
Portfolio Highlight – OpenAI Global, LLC i About OpenAI Global, LLC Opportunity $ Neostellar Investment OpenAI is a leading artificial According to Reuters, OpenAI’s On September 25, 2024, Neostellar made intelligence company developing ChatGPT has crossed 1.0 billion global a $17.5 million investme
Slide 5: Portfolio Highlight – TensorWave Inc.
Portfolio Highlight – TensorWave Inc. i About TensorWave Inc. Opportunity $ Neostellar Investment TensorWave is a Las Vegas based AI TensorWave’s Series B financing was On December 31, 2025, Neostellar made infrastructure provider focused co-led by Magnetar and AMD Ventures $20.0 million in total co
Slide 6: Investment Portfolio Activity
Investment Portfolio Activity Investments – During Q2 2026 Portfolio Company Investment Transaction Date Amount(1) Huntress Labs Inc. Common Shares 4/8/2026 $0.2 million ClickHouse, Inc. Series A Preferred Shares 4/22/2026 $9.5 million Magnetar Opportunity 2025-4 LP(2) Class B Interest 6/3/2026 $15.
Slide 7: Investment Portfolio Activity
Investment Portfolio Activity Investments – Subsequent to Q2 2026 Portfolio Company Investment Transaction Date Amount Shogun Enterprises, Inc. (d/b/a Hearth) (1) Common Shares 7/10/2026 <$0.1 million Realizations – Subsequent to Q2 2026 Transaction Quantity/ Average Net Portfolio Company Net Procee
Slide 8: Top Positions = 69% of Investment Portfolio at Fair Value
Top 5 Positions = 69% of Investment Portfolio at Fair Value Based on Total Investment Portfolio Fair Value of $405.9 million at June 30, 2026 Portfolio Companies % of Portfolio Fair Value Fair Value Cost Basis ($ in millions) ($ in millions) 1 37.1% $150.8 $11.0 (1) ARK Type One Deep 2 Ventures Fund
Slide 9: Key Industry Themes
Key Industry Themes Industry Exposure: Positioned in High-Growth, Long-Term Themes 1.9% % of Portfolio(1) 3.5% 3.9% Consumer Goods and Services 40.7% 5.9% Artificial Intelligence 34.1% 40.7% Software-as-a-Service 10.0% 10.0% 100% Of Portfolio Education Technology 5.9% Fair Value Logistics & Supply C
Slide 10: Financial Highlights
Financial Highlights For the Quarter Ended June 30, 2026 Second Quarter 2026 Amount Per Share(1) ($ in millions) Net Assets at Beginning of Period $361.6 $14.24 Net Investment Loss(2) $(23.4) $(0.88) Net Realized Gain on Investments $5.0 $0.19 Net Change in Unrealized Depreciation of Investments $(0