---
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"
generated_at: "2026-06-11T11:00:35.867990+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stellus Capital enters $100M ATM equity distribution agreement with KBW and Raymond James

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-090643
- JSON: https://secwatch.observer/filing/0001104659-23-090643.json
- Plain text: https://secwatch.observer/filing/0001104659-23-090643.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc.
  - Value: up to $100,000,000 in aggregate offering price
  - Effective: 2023-08-11
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1551901/000110465923090643/0001104659-23-090643-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.