Neostellar Capital Announces Its Launch As Rebranded, Public Investment Platform Under New JV Investment Managed Owned By SuRo Capital Executives, Magnetar

Neostellar Capital Corp.

Neostellar Capital Corp.

NSLR

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Neostellar Capital Corp. ("Neostellar", the "Company", "we", "us", and "our") (NASDAQ:NSLR) formerly SuRo Capital Corp., today announced its launch as a newly rebranded, publicly traded investment platform designed to expand access to high-growth, venture-backed private companies through its transition to an externally managed structure.

The new structure enhances the Company's ability to create long-term shareholder value through a new joint venture investment manager, Neostellar Advisors LLC ("Neostellar Advisors"), owned by SuRo Capital executives and Magnetar. Magnetar brings significant scale with approximately $18 billion in assets under management as of January 1, 2026, more than 20 years of investment experience, and experience investing in differentiated venture-backed artificial intelligence ecosystem, technology, and technology-enabled companies.