- 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:
New Developments At SuRo Capital