SuRo Capital says NAV approximately $6.90 -$7.40 per share as of March 31

SuRo Capita provided the following preliminary update on its investment portfolio for the first quarter ended March 31 “We remain incredibly enthusiastic about both our investment pipeline and our current portfolio as the IPO market strengthens and new opportunities at compelling valuations continue to come to light. We are now executing on these opportunities. As such, we are excited to announce that during the first quarter, we added one new portfolio company through a $10.0 million primary investment in Supplying Demand a CPG brand focused on still water, sparkling water, and teas, and are in final documentation on another compelling new investment,” said Mark Klein, Chairman and Chief Executive Officer of SuRo Capital. “With these exciting new additions to our portfolio, and over $60.0 million in investable capital, we remain steadfast in our belief that there continue to be high-quality opportunities available at attractive prices that allow us to be both opportunistic and judicious with the deployment of capital,” Mr. Klein continued.As previously reported, SuRo Capital’s net assets totaled approximately $203.4 million, or $7.99 per share, at December 31 and approximately $215.0 million, or $7.59 per share at March 31, 2023. As of March 31 , SuRo Capital’s net asset value is estimated to be between $6.90 to $7.40 per share.