secwatch.observer — SEC 8-K summary
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Issuer:     Stellus Capital Investment Corp (SCM)
CIK:        0001551901
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001104659-23-090643
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellus Capital enters $100M ATM equity distribution agreement with KBW and Raymond James
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551901/000110465923090643/0001104659-23-090643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551901/000110465923090643/tm2323467d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-090643

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