Quarterly UpdatesJul 8, 2026, 05:32 PM
Neostellar Capital Q2 NAV $13.25-$13.75; Updates Portfolio
AI Summary
Neostellar Capital Corp. (formerly SuRo Capital Corp.) provided preliminary Q2 2026 updates, estimating its Net Asset Value per share between $13.25 and $13.75 as of June 30, 2026, compared to $14.24 per share on March 31, 2026. The company also announced its name change and ticker symbol change to NSLR, anticipating a transition to an externally managed structure. Key investment activities included completing a $15.0 million investment in TensorWave via Magnetar Opportunity 2025-4 LP and a $9.5 million investment in ClickHouse, Inc., alongside exits from CW Opportunity 2 LP and HL Digital Assets Inc.
Key Highlights
- Preliminary Net Asset Value (NAV) per share for Q2 2026 estimated at $13.25 to $13.75.
- NAV per share was $14.24 as of March 31, 2026, and $9.18 as of June 30, 2025.
- Company changed name from SuRo Capital Corp. to Neostellar Capital Corp. and ticker from SSSS to NSLR.
- Completed a $15.0 million investment in Magnetar Opportunity 2025-4 LP (TensorWave).
- Made a $9.5 million investment in ClickHouse, Inc. (Series A Preferred Shares).
- Exited CW Opportunity 2 LP for $6.5 million net proceeds and $4.6 million realized gain.
- Exited HL Digital Assets Inc. for $5.2 million net proceeds.
- Liquid assets were approximately $14.7 million as of June 30, 2026.
Price Impact
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