SURO CAPITAL CORP. Q1 FY2024 earnings call

• SuRo Capital has deployed more capital in the last 4 months than any period in the last 2 years, with investments in Liquid Death, Canva, and CoreWeave. • Canva had $2 billion in annualized revenue in 2023, over 170 million monthly users, and AI products used over 4 billion times. • CoreWeave is a leader in AI infrastructure, a preferred cloud service provider of NVIDIA, and has raised over $3.8 billion in debt and equity financing. • Completed a modified Dutch auction tender offer, repurchasing 2 million shares at $4.70 per share. • Liquidity position as of March 31 included approximately $84.6 million in liquid assets.

As of quarter end, cash and short-term U.S. treasuries available for investment were approximately $80.4 million, representing 31% of gross assets. The top 5 positions accounted for approximately 51% of the investment portfolio at fair value, and the top 10 positions accounted for approximately 78%. Segmented by investment themes, education technology represented approximately 31% of the investment portfolio at fair value. Cloud and Big Data and marketplaces categories both accounted for approximately 19% of the portfolio. Approximately 17% was invested in Financial Technology and services companies. The social mobile and consumer category accounted for approximately 13% of the fair value, and sustainability accounted for less than 1% as of March 31.

• Statements made may constitute forward-looking statements, and actual results may differ materially due to factors like market volatility and those described in SEC filings.

Q: No questions coming through A: