FRGE - New Developments At SuRo Capital

• This is an update to a previous SSSS article I published back in December 2020.
• SSSS paid out $8.00 in distributions in 2021.
• I recently had a phone chat with the CEO, Mark Klein, and have summarized our discussion here.
• SSSS has recently dropped in price along with many other growth stocks, and is now trading well below NAV. But they are holding a lot of cash and have started doing increased share buybacks which will be accretive to NAV.
• SuRo Capital has two large positions in FRGE and Course Hero, which will likely be sold soon. This could allow for significant distributions later this year.

For further details see: