other_material
confidence high
sentiment neutral
materiality 0.70
Stellus Capital establishes $100M at-the-market equity offering program
Stellus Capital Investment Corp
- 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.
item 1.01item 9.01