SURO CAPITAL CORP.

SURO CAPITAL CORP. is an internally managed, non-diversified closed-end management investment company that invests primarily in the equity securities of rapidly growing venture capital-backed emerging companies. Formed in September 2010 as a Maryland corporation, the company began its development stage activities on January 6, 2011. It commenced operations as a business development company (BDC) in May 2011 following its initial public offering and began investment operations during the second quarter of 2011. SURO CAPITAL CORP. has elected to be regulated as a BDC under the Investment Company Act of 1940 and intends to qualify annually as a regulated investment company (RIC) under Subchapter M of the Internal Revenue Code of 1986. The company changed its name from Sutter Rock Capital Corp. to SURO CAPITAL CORP. on June 22, 2020. Previously, on March 12, 2019, its board of directors approved an internalization of its operating structure to better align stockholder and management interests. The company's investment objective is to maximize its portfolio's total return, primarily by seeking capital gains from equity and equity-related investments, and to a lesser extent, income from debt investments. Investments are acquired through direct investments in prospective portfolio companies, secondary marketplaces for private companies, negotiations with selling stockholders, or via investment funds or special purpose vehicles (SPVs) established to invest in a single private issuer's securities.