Financing ·
Neostellar Capital Corp. (formerly SuRo Capital Corp.) transitioned to an externally managed structure effective July…
SSSSLNeostellar Capital Corp.
Neostellar Capital Corp. (formerly SuRo Capital Corp.) transitioned to an externally managed structure effective July 15, 2026, entering into an Investment Advisory Agreement with Neostellar Advisors LLC. The company also issued a $20,000,000 redeemable promissory note to MCP Investing LLC at a 6.50% annual interest rate, which is due in 2029. Additionally, Erik Falk of Magnetar has been appointed to the Board of Directors. Neostellar Capital Corp. is a business development company that invests in private, venture-backed businesses.