{"filings":[{"id":1942796,"accession_number":"0001104659-26-088224","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2026-07-29T21:05:24+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stellus Capital reports preliminary Q2 NII $0.25-$0.27/share; NAV up to $12.76-$12.84","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary NII per share $0.25-$0.27; NAV per share $12.76-$12.84, up 1.8%-2.4% from $12.54 at March 31, 2026.","Annualized ROE estimated above 17% for Q2 2026; non-accruals at 5.4% of portfolio at fair value, 8.5% at cost.","Funded ~$18M in investments, received ~$49M in repayments; total portfolio fair value $965M-$975M.","Received SBA license for third SBIC, allowing $125M equity contribution and up to $250M in SBA-guaranteed debentures.","Repurchased 274,343 shares at $8.88 avg ($2.4M); $17.6M remaining under $20M buyback program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1196959,"accession_number":"0001104659-26-076452","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2026-06-22T21:00:21+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stellus Capital Investment enters new advisory agreement after advisor acquired by Ridgepost Capital","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New investment advisory agreement effective June 22, 2026, after stockholders approved on June 16.","Terms identical to prior agreement; base management fee remains 1.75% of gross assets, incentive fee unchanged.","Advisor Stellus Capital Management acquired by Ridgepost Capital, LLC on June 22, triggering change in control and new agreement.","New agreement has initial two-year term and renews annually subject to board and shareholder approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1093038,"accession_number":"0001104659-26-074850","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2026-06-17T11:00:27+00:00","items":["5.07"],"status":"ready","headline":"Stockholders elect director and approve new investment advisory agreement at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Bruce R. Bilger elected director with 13,650,012 votes for, 2,122,882 withheld.","New investment advisory agreement with Stellus Capital Management, LLC approved: 14,244,374 for, 721,794 against, 806,722 abstentions.","Meeting held June 16, 2026; 15,974,326 shares voted out of 28,947,255 eligible."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105333,"accession_number":"0001104659-26-010653","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stellus Capital Management to be acquired by P10; BDC shareholders to vote on new advisory agreement","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of external adviser Stellus Capital Management by P10 (NYSE:PX) for undisclosed terms; expected close mid-2026.","Current management team remains; day-to-day operations, investment decisions unchanged.","Transaction triggers assignment of advisory agreement; BDC shareholders must approve new agreement with same terms.","P10 has >$40B AUM; Stellus has $3.8B AUM as lower-middle market direct lender.","P10's sponsor network expected to broaden Stellus' direct lending opportunities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121608,"accession_number":"0001104659-25-115422","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-11-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stellus Capital redeems remaining $50M of 4.875% Notes due 2026 on Dec 31, 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Company will redeem remaining $50M aggregate principal of its 4.875% Notes due 2026 on Dec 31, 2025.","Previously redeemed $50M (50%) of the Notes on Sep 30, 2025; full redemption completes the process.","Redemption price is 100% of principal plus accrued interest (~$609,375) and a make-whole premium based on Treasury rate plus 50 bps.","Holders must surrender notes to U.S. Bank Trust Company as Paying Agent; CUSIP 858568 AB4."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138268,"accession_number":"0001104659-25-093911","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-09-26T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus Capital issues $50M add-on to 7.250% Notes due 2030; total outstanding now $125M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $50M aggregate principal of 7.250% Notes due 2030 at a price yielding total proceeds of ~$50.65M before discounts/expenses.","Notes are a single series with the existing $75M of 7.250% Notes due 2030, bringing total to $125M; same CUSIP and terms.","Net proceeds will be used to repay a portion of the 4.875% Notes due 2026.","Notes mature April 1, 2030; semi-annual interest at 7.250% per year; unsecured and rank pari passu with existing unsecured debt.","Offering closed September 25, 2025; made under effective shelf registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138267,"accession_number":"0001104659-25-090030","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-09-15T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus Capital expands revolver to $335M, extends maturity to 2030, cuts margins","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Credit facility commitment increased from $315M to $335M; accordion cap raised to $365M.","Commitment termination extended to Sept 2029; final maturity to Sept 2030.","Applicable margin on eurocurrency/SOFR loans reduced to range of 2.25%–2.50% from prior levels.","Borrower must prepay at least 50% of $68.8M 4.875% Unsecured Notes due 2026 by Sept 30, 2025; fully paid by Jan 1, 2026.","New minimum shareholders' equity floor set at $181.8M plus 25% of net equity proceeds after June 30, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138266,"accession_number":"0001104659-25-088902","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-09-10T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stellus Capital establishes $100M at-the-market equity offering program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Enters equity distribution agreement to sell up to $100M in common stock via ATM.","KBW and Raymond James serve as sales agents; commission of 1.5% of gross sales.","Net proceeds to repay debt and fund portfolio investments per investment strategy.","Sales made through NYSE or other exchanges at prevailing market prices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138265,"accession_number":"0001104659-25-084789","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-08-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stellus Capital announces partial redemption of $50M of its 4.875% Notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Will redeem 50% ($50M) of its $100M 4.875% Notes due 2026 on Sept 30, 2025.","Redemption price: 100% of principal plus accrued interest (~$1.22M) plus make-whole premium (Treasury rate + 50 bps).","Interest on redeemed notes ceases on the redemption date; holders must surrender notes for payment.","Partial redemption reduces outstanding debt; remaining $50M of notes continue to trade."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155720,"accession_number":"0001104659-25-061187","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stellus shareholders approve below-NAV share issuance up to 25%; directors elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal to authorize up to 25% of outstanding shares issued below NAV passed with 11.2M for, 3.3M against.","Directors Dean D’Angelo and William C. Repko elected to three-year terms with 14.5M and 13.7M votes for.","15.2M of 28.4M eligible shares voted (53.4% turnout)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.15,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155719,"accession_number":"0001104659-25-031208","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus Capital issues $75M of 7.250% Notes due 2030; net proceeds to repay credit facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fourth Supplemental Indenture for $75M of 7.250% Notes due 2030 executed on April 1, 2025.","Interest at 7.250% per year paid semi-annually; first payment on October 1, 2025.","Notes are unsecured, rank pari passu with existing unsecured debt, structurally subordinated to subsidiary debt.","Net proceeds to repay Credit Facility borrowings; may be re-borrowed for investments and working capital."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174212,"accession_number":"0001104659-25-029412","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2025-03-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus Capital Investment Corp. issues $75M of 7.250% Notes due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$75 million aggregate principal of 7.250% Notes due 2030 issued via underwritten public offering.","Raymond James & Associates acts as representative of the underwriters.","Closing expected on April 1, 2025, subject to customary closing conditions.","Offering made under effective shelf registration statement on Form N-2 (File No. 333-265695).","Underwriting Agreement includes customary reps, warranties, and indemnification provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191142,"accession_number":"0001104659-24-113515","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2024-11-01T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus Capital increases credit facility commitments from $260M to $315M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Commitments under the senior secured revolver raised by $55M to $315M via Increase Agreement dated Oct 30, 2024.","New lenders Bank OZK ($45M commitment) and Commerce Bank ($10M commitment) join the facility.","Existing lender Zions/Amegy Bank continues as administrative agent and LC issuer.","Borrower represented no default exists and representations remain true after the increase.","Subsidiary guarantors consented and affirmed their obligations remain in effect."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225076,"accession_number":"0001104659-24-074345","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stellus Capital shareholders elect directors, approve share issuance below NAV","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Robert T. Ladd re-elected with 13,269,460 votes for, 580,559 withheld.","J. Tim Arnoult re-elected with 12,274,784 votes for, 1,575,234 withheld.","Proposal to sell up to 25% outstanding stock below NAV passed: 10,552,051 for, 2,742,442 against, 555,512 abstentions.","13,850,019 shares voted out of 24,125,642 eligible at June 20, 2024 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225075,"accession_number":"0001104659-24-044363","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2024-04-05T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Stellus Capital dismisses Grant Thornton as auditor, engages Deloitte & Touche","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Dismissed Grant Thornton LLP as independent auditor effective April 3, 2024; Board acted on Audit Committee recommendation.","Audit reports for fiscal years 2022 and 2023 were unqualified; no disagreements or reportable events with Grant Thornton.","Engaged Deloitte & Touche LLP as new auditor for fiscal year ending December 31, 2024, effective April 3, 2024.","No prior consultations with Deloitte regarding accounting principles or disagreements before engagement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":261711,"accession_number":"0001104659-23-120815","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2023-11-22T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus amends credit facility: cuts commitment to $260M, extends maturity to 2028, lowers interest coverage covenant","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maximum commitment reduced from $265M to $260M; accordion limit raised from $315M to $350M.","Commitment termination extended to Nov 21, 2027; final maturity to Nov 21, 2028.","Interest coverage ratio requirement lowered from 2.00:1.00 to 1.75:1.00, effective Q4 2023.","Requires refinancing of $115M 4.875% Unsecured Notes due 2026 by Sept 30, 2025.","Authorizes replacement of CDOR with CORRA benchmark for Canadian dollar advances."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":278924,"accession_number":"0001104659-23-090643","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2023-08-14T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stellus Capital enters $100M ATM equity distribution agreement with KBW and Raymond James","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Up to $100M of common stock may be sold at market prices through Keefe, Bruyette & Woods and Raymond James as sales agents.","Proceeds to be used to repay outstanding indebtedness and make investments in portfolio companies.","Sales agents receive 1.5% commission on gross sales price plus expense reimbursement.","Shares sold under existing shelf registration statement (Form N-2, File No. 333-265695)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297212,"accession_number":"0001104659-23-073829","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2023-06-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stellus Capital shareholders re-elect Bruce R. Bilger as director; approve share issuance below NAV","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Annual meeting held June 22, 2023; 11,473,492 shares voted out of 20,835,746 eligible.","Bruce R. Bilger re-elected as director with 10,030,279 votes for, 1,443,213 withheld.","Proposal to authorize issuance of up to 25% of outstanding common stock below NAV approved: 9,344,620 for, 1,826,788 against, 302,076 abstentions.","Shareholders excluding affiliates voted 8,226,083 for the below-NAV issuance, 1,826,788 against, 302,076 abstentions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":353244,"accession_number":"0001104659-22-095655","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2022-08-29T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stellus Capital enters into $50M ATM equity distribution agreement with KBW and Raymond James","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company may sell up to $50M in common stock via ATM offering through Keefe, Bruyette & Woods and Raymond James.","Sales agents will receive 1.5% commission on the gross sales price of any shares sold.","Net proceeds to repay outstanding debt and make investments in portfolio companies.","Agreement amends and restates the prior equity distribution agreement dated November 16, 2021.","Shares to be sold under a prospectus supplement dated August 29, 2022 and a shelf registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370942,"accession_number":"0001104659-22-074342","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2022-06-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stellus Capital shareholders elect directors and approve below-NAV share issuance at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Dean D'Angelo elected with 10,519,464 for, 403,619 withheld; William C. Repko with 9,688,197 for, 1,234,885 withheld.","Proposal to authorize sale of up to 25% of outstanding below NAV approved: 8,235,176 for, 2,304,842 against, 383,059 abstentions.","Of 19,979,488 eligible shares, 10,923,083 were voted at the June 23, 2022 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370941,"accession_number":"0001104659-22-062893","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2022-05-19T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus Capital ups revolving credit facility to $265M, transitions from LIBOR to SOFR","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility increased from $250M to $265M; commitments raised by Amegy Bank, Frost Bank, Hancock Whitney, CommunityBank of Texas.","Term SOFR + 2.50% (2.75% if asset coverage <=1.90x) plus credit spread adjustment (0.10%-0.15%); 0.25% SOFR floor.","Alternate base rate option remains: prime rate (3% floor) + 1.50% (1.75% if coverage test triggered).","Amendment dated May 13, 2022, subject to conditions including lender approvals and UCC searches.","Third Amendment formalizes LIBOR to SOFR transition, waives break funding fees for prior Eurocurrency loans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":407934,"accession_number":"0001104659-21-152638","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2021-12-22T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Stellus Capital increases revolving credit facility to $250M; accordion to $300M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total commitments under credit facility raised from $230M to $250M; accordion increased to $300M.","Five lenders increased commitments: Hancock Whitney ($33.5M), City National ($30M), CommunityBank ($21.5M), Texas Capital ($15M), Trustmark ($15M).","Definition of Consolidated EBITDA amended to adjust for non-cash incentive fee accruals.","Maximum commitments after any future increase capped at $300M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":407933,"accession_number":"0001104659-21-149323","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2021-12-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Stellus Capital Investor Day highlights $2.1B AUM, 8.4% dividend yield, 9.9% 3-year ROE","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["AUM $2.1B; NAV per share $14.15; share price $13.31 (0.94x NAV).","Q3 2021 core NII $0.31/share; total realized income $0.58/share; dividend $0.58/share.","Life-to-date net realized equity gains $39M; ROI on equity realizations 2.8x.","Portfolio $785.7M at fair value; 95% floating rate; weighted avg LIBOR floor 1.2%.","Cumulative distributions $11.99/share since IPO; current dividend yield 8.4%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":407932,"accession_number":"0001104659-21-139728","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2021-11-16T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stellus Capital Investment enters into ATM offering agreement for up to $50M of common stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Equity distribution agreement with Keefe, Bruyette & Woods and Raymond James for up to $50M in aggregate offering price.","Sales agents receive 1.5% commission on gross sales price of shares sold under the ATM facility.","Net proceeds to repay outstanding indebtedness and make investments per investment objective.","Shares sold under existing shelf registration statement (File No. 333-231111) and prospectus supplement dated Nov 16, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":407931,"accession_number":"0001104659-21-138263","cik":1551901,"company_name":"Stellus Capital Investment Corp","ticker":"SCM","form_type":"8-K","filed_at":"2021-11-15T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Stellus Capital withdraws 2.25M share public offering citing unfavorable market conditions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company terminated previously announced offering of 2,250,000 shares of common stock.","Reason: current market conditions were not conducive to completion on terms in best interest of existing shareholders.","Joint book-running managers included Keefe Bruyette & Woods, Wells Fargo, Oppenheimer & Co., and Goldman Sachs.","Registration statement declared effective June 21, 2019 remains effective for possible future use."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":268196313.3636363,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}