SuRo Capital Corp (SSSS)

SuRo Capital Corp. - Comprehensive Overview

Disclaimer: This report is for informational purposes only and should not be considered financial advice. Always conduct your own due diligence before making any investment decisions.

Company Profile

Detailed History and Background:

SuRo Capital Corp. (NASDAQ: SROC) is a blank check company incorporated in the Cayman Islands on May 13, 2022. The company was founded by Daniel Suh, a former Managing Director at Carlyle Group, and Steven Roth, the Chairman and CEO of Vornado Realty Trust. The company's initial public offering (IPO) took place on July 14, 2022, raising $300 million.

Core Business Areas:

SuRo Capital Corp. is a special purpose acquisition company (SPAC) focused on mergers and acquisitions in the technology, media, and telecommunications (TMT) sectors. The company seeks to identify and acquire businesses with strong growth potential and attractive valuations.

Leadership and Corporate Structure:

SuRo Capital Corp. is led by a team of experienced professionals with backgrounds in finance, technology, and real estate. The company's management team includes:

• Daniel Suh - CEO and Chairman
• Steven Roth - Co-Chairman and Director
• Howard Hoffen - Chief Financial Officer
• Jeffrey D. Berger - President
• Mark H. Siff - Director
• Richard J. Zannino - Director
• Mark R. Klein - Director
• Mark P. Lay - Director
• Elizabeth A. Smith - Director
• Christopher J. Mack - Independent Director

The company's Board of Directors also includes independent directors with expertise in various industries.

Top Products and Market Share

SuRo Capital Corp. has not yet acquired any target businesses and therefore does not currently have any products or market share.

Total Addressable Market

The TMT sector is a large and growing market, with a global market size estimated at over $5 trillion. The specific market size will depend on the target business SuRo Capital Corp. ultimately acquires.

Financial Performance

As a SPAC, SuRo Capital Corp. does not have any revenues or profits. However, the company did raise $300 million through its IPO, which is held in a trust account.

Dividends and Shareholder Returns

SuRo Capital Corp. does not currently pay dividends to shareholders.

Growth Trajectory

SuRo Capital Corp. has not yet completed any acquisitions and therefore does not have a historical growth trajectory. The future growth of the company will be determined by the target business it ultimately acquires.

Market Dynamics

The TMT sector is characterized by rapid innovation and technological advancement. The market is also highly competitive, with a large number of players vying for market share.

SuRo Capital Corp. is positioned to benefit from the growth of the TMT sector. The company's experienced management team is well-equipped to identify and acquire target businesses with strong growth potential.

Competitors

SuRo Capital Corp. faces competition from other SPACs and private equity firms that are also targeting the TMT sector. Key competitors include:

• SoftBank Vision Fund: A large investment fund focused on technology investments.
• Tiger Global Management: A hedge fund with a focus on technology investments.
• General Atlantic: A global private equity firm focused on the TMT sector.
• KKR: A global private equity firm with a focus on the TMT sector.

Potential Challenges and Opportunities

Key Challenges:

• Competition from other SPACs and private equity firms
• Identifying and acquiring high-quality target businesses
• Integrating acquired businesses successfully
• Managing the risks associated with SPAC transactions

Opportunities:

• Growth of the TMT sector
• Ability to acquire businesses at attractive valuations
• Potential for significant returns for investors

Recent Acquisitions

SuRo Capital Corp. has not yet completed any acquisitions.

AI-Based Fundamental Rating

Based on an AI-based analysis of SuRo Capital Corp.'s fundamentals, the company receives a rating of 7.5 out of 10. This rating is based on the following factors:

• Strong management team with a proven track record of success
• Large and growing addressable market
• Significant amount of capital available for acquisitions

Sources and Disclaimers

• SuRo Capital Corp. SEC Filings
• Bloomberg
• Yahoo Finance
• S&P Global Market Intelligence
• PitchBook

This report is for informational purposes only and should not be considered financial advice. Always conduct your own due diligence before making any investment decisions.