SuRo Capital Corp. Third Quarter 2025 Preliminary Investment Portfolio Update

Arbutus Biopharma (ABUS) received about $178 million from Moderna (MRNA) as its share of a $950 million noncontingent LNP patent settlement, with reimbursement of legal costs and an expected Q3 dividend tied to Genevant. ABUS reported Q1 2026 revenue of $179.1 million and net income of $169.7 million. Moderna reported Q2 2026 revenue of $145 million and a net loss of $782 million, plus FDA approval for mFLUSIVA.

IonQ (IONQ) said DARPA awarded a $28 million contract modification under its It’s About Time program to support production development and 25 Evergreen-05 optical atomic clocks, with a $30 million option for 100 additional clocks. IonQ plans to invest $15 million to scale manufacturing. The company cites timing performance for GPS-denied defense uses.

CanCambria Energy Corp. (TSXV: CCEC) reported an updated independent contingent resource evaluation for its 100% owned Kiskunhalas deep gas project in southern Hungary. Prepared by CHPE (effective June 30, 2026), it assumes $12.00/MMBtu TTF1 gas. Risked 2C Development Pending NPV10 rose 16% to US$2.04B from US$1.762B; 2C volumes are 571.9 Bcf and 59.6 MMbbl. First gas is targeted for mid-2027.

Fermi Inc. (NASDAQ:FRMI) said it executed a binding 222 MW turnkey data center lease with TensorWave TEX1 at its Project Matador campus in Texas. The phase one lease runs 15 years and is expected to generate about $6.5 billion in contracted revenue. Expansion rights could lift the partnership above 650 MW, with delivery starting in 2H 2027.

Nvidia said it will partner with a lender consortium including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create financing vehicles totaling more than $500 billion for AI infrastructure. Nvidia links the plan to customer access to compute and its DSX datacenter design. The company has recently backstopped customer lending and used its balance sheet for deals such as with OpenAI. Nvidia shares fell on the news.

Dzyne Technologies, an Irvine-based unit of Ondas Technologies, received a $6 million U.S. Air Force contract to develop the Long-Range Grasshopper aerial delivery system, according to Ondas. The system targets extended-range logistics in contested and austere environments. Ondas said the work will be integrated into its Ondas Sentinel platform.