SURO CAPITAL CORP.

Suro Capital Corp. reported a significant increase in its Net Asset Value per share to $13.44 as of June 30, 2026, up 66.13% from $8.09 at December 31, 2025. This growth was primarily driven by a substantial net change in unrealized appreciation of investments, which swung from a depreciation of $15.3 million to an appreciation of $143.0 million. Total investments also rose by 80% to $405.85 million, contributing to a 73.3% increase in Net Assets to $355.86 million.

Neostellar Capital Corp. announced its second quarter 2026 financial results, reporting a Net Asset Value of $13.44 per share and total net assets of $355.9 million as of June 30, 2026. The company recorded a net investment loss of $(23.4) million for the quarter, which included approximately $20.0 million in non-recurring expenses related to its transition to an externally managed structure. Subsequent to quarter-end, Neostellar Capital received $20.0 million from a redeemable promissory note and completed its transition to an externally managed structure with Neostellar Advisors and Magnetar, while also making strategic investments in AI-related companies like ClickHouse and TensorWave.

Neostellar Capital Corp., formerly SuRo Capital Corp., announced its launch as a rebranded, externally managed business development company (BDC) trading under the new Nasdaq ticker "NSLR." This strategic shift involves a new Investment Advisory Agreement with Neostellar Advisors LLC, a joint venture formed by former SuRo Capital executives and Magnetar Holdings LLC. The partnership aims to enhance investment opportunities and leverage Magnetar's $18 billion in assets under management and expertise in the venture-backed technology sector, with Magnetar also making a $20 million investment in Neostellar.

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.

SuRo Capital Corp. announced that it will change its corporate name to Neostellar Capital Corp., effective July 1, 2026. Concurrently, the company's common stock trading symbol on the Nasdaq Global Select Market will change from "SSSS" to "NSLR", and its 6.00% Notes due 2026 will change from "SSSSL" to "NSLRL". The Board of Directors approved the name change and related amendments to the Articles of Incorporation and Bylaws, which will also become effective on July 1, 2026.

SURO CAPITAL CORP. reported a substantial increase in its net assets and Net Asset Value (NAV) per share for the first quarter ended March 31, 2026. The company's net assets resulting from operations surged to $155.6 million, primarily driven by a significant net change in unrealized appreciation of investments. This performance led to a 76% quarter-over-quarter increase in NAV per share.

SuRo Capital Corp. reported strong financial results for the first quarter ended March 31, 2026, with Net Asset Value (NAV) increasing by an unprecedented 76% quarter-over-quarter to $14.24 per share. The company's Board also approved a significant strategic step: a proposed transition to an externally managed structure through Neostellar Advisors LLC, a joint venture with Magnetar, subject to stockholder approval. This move is expected to enhance investment sourcing and due diligence capabilities, with Magnetar making a $20 million investment in the company.

SuRo Capital Corp. announced its first quarter 2026 financial results, reporting a significant increase in Net Asset Value (NAV) to $14.24 per share as of March 31, 2026, up 76% from the previous quarter. The company's Board of Directors also approved a proposal to transition to an externally managed structure through Neostellar Advisors LLC, a new investment adviser jointly owned by SuRo Capital's team and Magnetar Holdings LLC, subject to stockholder approval. This strategic move aims to enhance investment sourcing, preserve realized gains, and achieve annual expense savings, with Magnetar committing a $20 million investment.

SuRo Capital Corp. (SSSS) is proposing a significant corporate governance change, transitioning from an internally managed Business Development Company (BDC) to an externally managed structure. This involves stockholders approving an Investment Advisory Agreement with Neostellar Advisors LLC, an entity jointly owned by current SSSS employees and Magnetar Holdings LLC. The Board unanimously recommends approval, citing benefits such as greater scale, resources, and enhanced investment opportunities through Magnetar's platform. Additionally, a Magnetar affiliate has committed to a $20,000,000 investment in SSSS, contingent on the externalization.

SURO CAPITAL CORP. announced its Board unanimously approved a transition to an externally managed BDC structure, effective July 1, 2026, subject to stockholder approval of the advisory agreement. The company will enter into an investment advisory agreement with Neostellar Advisors LLC and receive a $20,000,000 investment from an affiliate. Following the externalization, the company plans to change its name to Neostellar Capital Corp. and will implement significant executive compensation changes, including full vesting of restricted shares, new restricted share grants, and cash bonuses for Mr. Klein and Ms. Green. The 2026 Annual Meeting of Stockholders will be held on June 10, 2026, to address director re-election, an advisory vote on executive compensation, and auditor ratification.