Neostellar Capital Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $195.5M
- Price
- $7.38
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.53%
- Volume
- 123.6K
About
Neostellar Capital Corp. is a venture capital, mezzanine, secondary(direct) and business development company specializing in growth capital, emerging growth, late stage and venture capital-backed private companies. It prefers to invest in energy and utilities, consumer, technology, media and communication sectors. The company prefers to invest in United States of America and Canada. The firm only seeks minority stakes. Neostellar Capital Corp. was formerly known as SuRo Capital Corp. and changed its name to Neostellar Capital Corp. in July 2026. The company was founded in 2010 and is based in San Francisco, California.
Quick stats
Shares outstanding26.5M
Computed float24.2M
Float / shares91.4%
Cash runway (months)0.8
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001509470
Websitehttps://neostellar.vc/
AI Summary
AI-generated1/9
standardbearishoperations update
Neostellar Capital Corp. Announces Third Quarter 2026 Preliminary Investment Portfolio Update
Neostellar Capital (formerly SuRo Capital) issued a preliminary Q3 2026 update estimating net asset value between $12.25 and $12.75 per share as of September 30, 2026, down from $13.44 per share at June 30, 2026.
The quarter included realized losses of $5.6 million on the Learneo exit, $2.5 million on Aventine, and $1.3 million from abandoning Catona Climate, partially offset by a $1.4 million gain on its CoreWeave-linked SPV position.
The company also disclosed $20.0 million of new 6.50% debt from a Magnetar affiliate due 2029, with $42.2 million in liquid assets and 26,473,222 shares outstanding; full Q3 results are expected in November 2026.
Red flags
- Preliminary NAV implies a per-share decline of roughly 5-9% from June 30, 2026
- Leverage increased via $20M 6.50% promissory note with share-settlement mechanics tied to a $230M capital raise
- Slow IPO market delays portfolio liquidity events
- Externally managed structure with Magnetar affiliation raises conflict-of-interest considerations