Sutter Rock Capital Corp. Will Commence a Modified Dutch Auction Tender Offer to Repurchase up to $10.0 Million of its Common Stock
SuRo Capital Corp. - Closed End Fund (SSSS)
Company Research
Source: GlobeNewswire
SAN FRANCISCO, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Sutter Rock Capital Corp. (“Sutter Rock” or the “Company”) (Nasdaq:SSSS) announced today that it will commence a modified “Dutch Auction” tender offer (the “Tender Offer”) to purchase up to $10.0 million of its common stock at a price per share not less than $6.00 and not greater than $8.00 in $0.10 increments, using available cash. The Tender Offer will commence on October 21, 2019 and will expire at 5:00 P.M., on November 20, 2019, unless extended. If the Tender Offer is fully subscribed, Sutter Rock will purchase between 1,250,000 shares and 1,666,667 shares, or between 6.57% and 8.77%, respectively, of Sutter Rock’s outstanding shares of its common stock. Any shares tendered may be withdrawn prior to expiration of the Tender Offer. Stockholders that do not wish to participate in the Tender Offer do not need to take any action. Based on the number of shares tendered and the prices specified by the tendering stockholders, Sutter Ro
Show less
Read more
Impact Snapshot
Event Time:
SSSS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SSSS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SSSS alerts
High impacting SuRo Capital Corp. - Closed End Fund news events
Weekly update
A roundup of the hottest topics
SSSS
News
- SuRo Capital Corp. (NASDAQ: SSSS) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $6.00 price target on the stock.MarketBeat
- SuRo Capital Corp (SSSS) Q3 2024 Earnings Call Highlights: Strategic AI Investments and ... [Yahoo! Finance]Yahoo! Finance
- SuRo Capital Corp. Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- SuRo Capital Corp. Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- Strong week for SuRo Capital (NASDAQ:SSSS) shareholders doesn't alleviate pain of three-year loss [Yahoo! Finance]Yahoo! Finance
SSSS
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 424B2
- 11/8/24 - Form 10-Q
- SSSS's page on the SEC website