{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-090643","form_type":"8-K","ticker":"SCM","cik":"0001551901","company_name":"Stellus Capital Investment Corp","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.272928+00:00","generated_at":"2026-06-11T11:00:35.867990+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Stellus Capital enters $100M ATM equity distribution agreement with KBW and Raymond James","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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-090643","json":"https://secwatch.observer/filing/0001104659-23-090643.json","markdown":"https://secwatch.observer/filing/0001104659-23-090643.md","text":"https://secwatch.observer/filing/0001104659-23-090643.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1551901/000110465923090643/0001104659-23-090643-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1551901/000110465923090643/tm2323467d4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T11:00:35.867990+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5c56cc84ebf9125bfbcb4984132ec3f98d0b7102","claim":"Stellus Capital Investment Corp entered into Equity Distribution Agreement with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc. valued at up to $100,000,000 in aggregate offering price (effective 2023-08-11).","evidence_excerpt":"On August 11, 2023, Stellus Capital Investment Corporation (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., as sales agents and/or principal thereunder (the “Sales Agents”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1551901/000110465923090643/0001104659-23-090643-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc."},{"label":"Value","value":"up to $100,000,000 in aggregate offering price"},{"label":"Effective","value":"2023-08-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}