- SuRo Capital ( NASDAQ: SSSS ) said Tuesday it expects net asset value per share at the end of 2022 to be ~$7.15-$7.65, sending its shares 4.4% higher.
- The preliminary estimate given is unaudited and actual results may differ materially.
- During Q4, SuRo ( SSSS ) completed a $10M primary investment in Locus Robotics, which makes automated warehouse robots.
- As of December 31, SuRo ( SSSS ) held positions in 39 portfolio companies, of which 33 are privately held. Some may be subject to lock-up provisions.
- The firm will release its Q4 results in March.
- Read why SA author Leo Imasuen believes SuRo ( SSSS ) stock is undervalued .
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SuRo Capital provides net asset value estimate for 2022, stock gains 4%