S-1 Filing

SUI Group Holdings Ltd. CIK: 1425355

Filing Information

Form Type	S-1
Accession Number	`0001410578-22-001009`
Period End Date	20211231
Filing Date	20220426
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	mcvt-20220419xs1_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 45 Cash Flow Statement 43 Stockholders Equity 28

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Investments at Amortized Cost	`InvestmentOwnedAtCost`	$4.97M	USD	Point-in-time
Investments at Amortized Cost	`InvestmentOwnedAtCost`	$13.93M	USD	Point-in-time
Investments, at fair value:	`InvestmentOwnedAtFairValue`	$14.10M	USD	Point-in-time
Investments, at fair value:	`InvestmentOwnedAtFairValue`	$6.67M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$5.44M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.79M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Note receivable	`NotesReceivableNet`	$250.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.79M	shares	Point-in-time
Note receivable	`NotesReceivableNet`	$250.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$83.67K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$43.84K	USD	Point-in-time
Receivable for sale of investments	`ReceivableForSaleOfInvestment`	$19.31K	USD	Point-in-time
Interest and dividend receivables	`InterestAndDividendsReceivable`	$65.91K	USD	Point-in-time
Interest and dividend receivables	`InterestAndDividendsReceivable`	$324.35K	USD	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$4.98K	USD	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$23.34K	USD	Point-in-time
Total Assets	`Assets`	$12.51M	USD	Point-in-time
Total Assets	`Assets`	$16.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$64.03K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.92K	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$539.30K	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$100.00	USD	Point-in-time
Payable for purchase of investments	`PayableForPurchaseOfInvestments`	$1.90M	USD	Point-in-time
Lease liability	`OperatingLeaseLiability`	$26.06K	USD	Point-in-time
Lease liability	`OperatingLeaseLiability`	$5.65K	USD	Point-in-time
Accrued income tax expense	`AccruedIncomeTaxes`	$1.27M	USD	Point-in-time
Accrued income tax expense	`AccruedIncomeTaxes`	$13.72K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$45.00K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$258.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$870.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.28M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.001 per share (250,000,000 authorized;10,790,413 and 10,785,913 outstanding)	`CommonStockValue`	$10.79K	USD	Point-in-time
Common stock, par value $0.001 per share (250,000,000 authorized;10,790,413 and 10,785,913 outstanding)	`CommonStockValue`	$10.79K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$10.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$10.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.16M	USD	Point-in-time
Accumulated undistributed investment loss	`InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss`	$-1.88M	USD	Point-in-time
Accumulated undistributed investment loss	`InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss`	$-2.12M	USD	Point-in-time
Accumulated undistributed net realized gains on investment transactions	`InvestmentCompanyDistributableEarningsLossAccumulatedCapitalGainLoss`	$2.54M	USD	Point-in-time
Accumulated undistributed net realized gains on investment transactions	`InvestmentCompanyDistributableEarningsLossAccumulatedCapitalGainLoss`	$5.58M	USD	Point-in-time
Net unrealized appreciation in value of investments	`InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation`	$165.62K	USD	Point-in-time
Net unrealized appreciation in value of investments	`InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation`	$1.70M	USD	Point-in-time
Total Shareholders' Equity (Net Assets)	`StockholdersEquity`	$10.07M	USD	Point-in-time
Total Shareholders' Equity (Net Assets)	`StockholdersEquity`	$13.41M	USD	Point-in-time
Total Shareholders' Equity (Net Assets)	`StockholdersEquity`	$11.64M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$16.70M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$12.51M	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$0.87	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$1.08	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$1.24	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$1.02	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$0.91	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$1.02	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$0.77	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$0.91	USD	Point-in-time
Net Asset Value Per Common Share	`NetAssetValuePerShare`	$0.87	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InvestmentIncomeInterest`	$1.28M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$2.66M	USD	Annual
Dividend income	`InvestmentIncomeDividend`	$15.46K	USD	Annual
Total Investment Income	`GrossInvestmentIncomeOperating`	$2.66M	USD	Annual
Total Investment Income	`GrossInvestmentIncomeOperating`	$1.30M	USD	Annual
Professional fees	`ProfessionalFeesNet`	$175.61K	USD	Annual
Professional fees	`ProfessionalFeesNet`	$453.44K	USD	Annual
Payroll	`LaborAndRelatedExpense`	$556.43K	USD	Annual
Payroll	`LaborAndRelatedExpense`	$301.49K	USD	Annual
Insurance	`GeneralInsuranceExpense`	$108.17K	USD	Annual
Insurance	`GeneralInsuranceExpense`	$85.24K	USD	Annual
Occupancy	`OccupancyNet`	$66.46K	USD	Annual
Occupancy	`OccupancyNet`	$66.31K	USD	Annual
Director's fees	`NoninterestExpenseDirectorsFees`	$90.00K	USD	Annual
Director's fees	`NoninterestExpenseDirectorsFees`	$120.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$2.07K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$50.26K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$15.07K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$1.35M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$735.79K	USD	Annual
Net Investment Gain	`NetInvestmentIncome`	$561.85K	USD	Annual
Net Investment Gain	`NetInvestmentIncome`	$1.30M	USD	Annual
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$4.12M	USD	Annual
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$5.33K	USD	Annual
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-1.53M	USD	Annual
Net change in unrealized appreciation (depreciation) on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$1.93M	USD	Annual
Net Realized and Unrealized Gain (Loss) on Investments	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$2.58M	USD	Annual
Net Realized and Unrealized Gain (Loss) on Investments	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$1.94M	USD	Annual
Net Increase in Net Assets Resulting from Operations Before Taxes	`InvestmentCompanyNetAssetsPeriodIncreaseDecreaseBeforeIncomeTaxes`	$2.50M	USD	Annual
Net Increase in Net Assets Resulting from Operations Before Taxes	`InvestmentCompanyNetAssetsPeriodIncreaseDecreaseBeforeIncomeTaxes`	$3.89M	USD	Annual
Provision For Income Taxes	`IncomeTaxExpenseBenefit`	$288.40K	USD	Annual
Provision For Income Taxes	`IncomeTaxExpenseBenefit`	$1.05M	USD	Annual
Net Increase in Net Assets Resulting from Operations	`InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations`	$2.83M	USD	Annual
Net Increase in Net Assets Resulting from Operations	`InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations`	$2.21M	USD	Annual
Basic net income per share	`EarningsPerShareBasic`	$0.26	USD	Annual
Basic net income per share	`EarningsPerShareBasic`	$0.20	USD	Annual
Diluted net income per share	`EarningsPerShareDiluted`	$0.20	USD	Annual
Diluted net income per share	`EarningsPerShareDiluted`	$0.26	USD	Annual
Weighted-average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.87M	shares	Annual
Weighted-average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.79M	shares	Annual
Weighted-average number of common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.87M	shares	Annual
Weighted-average number of common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.07M	shares	3 Qtrs
Weighted-average number of common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.79M	shares	Annual
Weighted-average number of common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.07M	shares	3 Qtrs
Weighted-average number of common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.86M	shares	3 Qtrs

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net increase in net assets resulting from operations	`NetIncreaseDecreaseInNetAssetsFromOperations`	$-2.83M	USD	Annual
Net increase in net assets resulting from operations	`NetIncreaseDecreaseInNetAssetsFromOperations`	$-2.21M	USD	Annual
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-1.53M	USD	Annual
Net change in unrealized (appreciation) depreciation on investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$1.93M	USD	Annual
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$4.12M	USD	Annual
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$5.33K	USD	Annual
Purchases of investments	`PaymentsToPurchaseInvestments`	$9.41M	USD	Annual
Purchases of investments	`PaymentsToPurchaseInvestments`	$27.03M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleOfInvestments`	$6.42M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleOfInvestments`	$22.19M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$61.00K	USD	Annual
Depreciation & amortization expense	`DepreciationAndAmortization`	$2.07K	USD	Annual
Income taxes payable	`IncomeTaxPayableOperatingActivities`	$-1.26M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$271.72K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-213.00K	USD	Annual
Common shares issued as consideration for expense payment	`CommonSharesIssuedAsConsiderationForExpensePayment`	$15.40K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.48K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.20K	USD	Annual
Interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$258.44K	USD	Annual
Interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$59.41K	USD	Annual
Receivable for investment sales	`IncreaseDecreaseInReceivableForInvestmentSales`	$-19.31K	USD	Annual
Receivable for investment sales	`IncreaseDecreaseInReceivableForInvestmentSales`	$19.31K	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$10.80K	USD	Annual
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-10.99K	USD	Annual
Payable for investment purchase	`IncreaseDecreaseInPayableForInvestmentPurchase`	$1.90M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.89M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.46M	USD	Annual
Payments for repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$162.92K	USD	Annual
Payments for common stock dividend	`PaymentsOfDividendsCommonStock`	$1.62M	USD	Annual
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-162.92K	USD	Annual
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.62M	USD	Annual
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.63M	USD	Annual
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-3.50M	USD	Annual
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.07M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.44M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.07M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.44M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$16.68K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$32.40K	USD	Annual
Common shares issued as consideration for investment	`StockIssued1`	$5.75K	USD	Annual
Dividend declared to common stock shareholders	`CashDividendsDeclaredToCommonStockShareholders`	$539.30K	USD	Annual

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance as of beginning	`StockholdersEquity`	$10.07M	USD	Point-in-time
Balance as of beginning	`StockholdersEquity`	$13.41M	USD	Point-in-time
Balance as of beginning	`StockholdersEquity`	$11.64M	USD	Point-in-time
Balance as of beginning (in shares)	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Balance as of beginning (in shares)	`CommonStockSharesOutstanding`	10.79M	shares	Point-in-time
Balance as of beginning (in shares)	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Balance as of beginning (in shares)	`CommonStockSharesOutstanding`	10.79M	shares	Point-in-time
Balance as of beginning (in shares)	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$61.00K	USD	Annual
Dividend Declared	`CashDividendDeclared`	$539.30K	USD	Annual
Dividend Declared	`CashDividendDeclared`	$1.08M	USD	Annual
Common shares issued in consideration for expense payment	`StockIssuedDuringPeriodValueIssuedForServices`	$21.15K	USD	Annual
Repurchase of shares	`StockRepurchasedDuringPeriodValue`	$162.92K	USD	Annual
Number of shares issued during the period	`StockIssuedDuringPeriodSharesNewIssues`	4,500.00	shares	Annual
Undistributed net investment gain	`UndistributedEarnings`	$273.45K	USD	Annual
Undistributed net investment gain	`UndistributedEarnings`	$246.75K	USD	Annual
Undistributed net realized gain on investment transactions	`RealizedInvestmentGainsLosses`	$4.12M	USD	Annual
Undistributed net realized gain on investment transactions	`RealizedInvestmentGainsLosses`	$5.33K	USD	Annual
Appreciation (Depreciation) in value of investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$-1.53M	USD	Annual
Appreciation (Depreciation) in value of investments	`NetChangeInUnrealizedAppreciationDepreciationOnInvestments`	$1.93M	USD	Annual
Balance as of ending	`StockholdersEquity`	$10.07M	USD	Point-in-time
Balance as of ending	`StockholdersEquity`	$13.41M	USD	Point-in-time
Balance as of ending	`StockholdersEquity`	$11.64M	USD	Point-in-time
Balance as of ending (in shares)	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Balance as of ending (in shares)	`CommonStockSharesOutstanding`	10.79M	shares	Point-in-time
Balance as of ending (in shares)	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time
Balance as of ending (in shares)	`CommonStockSharesOutstanding`	10.79M	shares	Point-in-time
Balance as of ending (in shares)	`CommonStockSharesOutstanding`	11.07M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.