NSLR 8-K
Neostellar Capital Corp. (NSLR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report Pursuant to Section 13 or 15(d) of
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| Item 5.02. | Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On June 18, 2025, the Board of Directors (the “Board”) of SuRo Capital Corp. (the “Company”), in accordance with its bylaws, increased the size of the Board from five to six directors, creating a vacancy to be filled by a new director and to serve with the class of directors whose terms expire at the Company’s 2027 annual meeting of stockholders. In connection with the foregoing, the Board appointed Richard Szuch as a director, effective July 1, 2025. Mr. Szuch was also appointed as a member of the following committees of the Board: the Nominating and Corporate Governance Committee; the Valuation Committee; and the Compensation Committee.
The Board has determined that Mr. Szuch qualifies as an independent director under the applicable Nasdaq Global Select Market rules and that Mr. Szuch is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended) of the Company. Accordingly, Mr. Szuch will serve as one of the Company’s independent directors. His term will expire at the Company’s 2027 annual meeting of stockholders, or until his successor is duly elected and qualified.
Mr. Szuch will be entitled to the applicable annual fee and other compensation in accordance with the Company’s existing director compensation arrangements, consistent with terms previously disclosed by the Company. Most recently, such compensation terms were disclosed under the heading “Compensation of Directors” in the Company’s proxy statement for its 2025 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on April 11, 2025. There are no arrangements or understandings between Mr. Szuch and any other persons pursuant to which he was appointed as a director. Additionally, there are no transactions involving Mr. Szuch that require disclosure under Item 404(a) of Regulation S-K.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit No. | Description | |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: June 20, 2025 | SURO CAPITAL CORP. | |
| By: | /s/ Allison Green | |
| Allison Green | ||
| Chief Financial Officer, Chief Compliance Officer, Treasurer and Corporate Secretary | ||