David S. Pottruck Informs his Intention to Resign from the Board of GSV Capital Corp., Effective July 1, 2019
June 10, 2019 at 11:46 am EDT
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On June 4, 2019, David S. Pottruck informed GSV Capital Corp.’s board of directors (the 'Board') that he intends to resign from the board, effective as of July 1, 2019. Mr. Pottruck’s last day as a member of the Board will be June 30, 2019. Mr. Pottruck’s decision to resign from the Board was not due to any dispute or disagreement with the Company, or on any matter relating to the Company’s operations, policies or practices. In connection with Mr. Pottruck’s resignation, the Board reduced the number of directors that constitutes the full Board to four directors from five directors, effective as of July 1, 2019, in accordance with its bylaws.
SuRo Capital Corp. is an internally managed, non-diversified closed-end management investment company. The Company's investment objective is to maximize its portfolio's total return, principally by seeking capital gains on its equity and equity-related investments, and to a lesser extent, income from debt investments. The Company invests principally in the equity securities of what it believes to be rapidly growing venture-capital-backed emerging companies. The Company may invest in these portfolio companies through offerings of the prospective portfolio companies, transactions on secondary marketplaces for private companies, or negotiations with selling stockholders. It may invest in private credit and in founders equity, founders warrants, forward purchase agreements, and private investment in public equity transactions of special purpose acquisition companies. It invests in various industries, such as online education, pharmaceutical technology and home improvement finance.
SURO CAPITAL CORP. 
