Stellus Capital enters into $50M ATM equity distribution agreement with KBW and Raymond James

Stellus Capital Investment Corp

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.

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