---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-091621"
form_type: "8-K"
ticker: null
cik: "0001901037"
company_name: "Stellus Private Credit BDC"
filed_at: "2025-09-19T23:59:59+00:00"
generated_at: "2026-05-17T06:09:13.238137+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Stellus Private Credit BDC issues $15M in common shares via capital drawdown

## Summary
- Capital drawdown notice for 981,034 common shares at $15.0M aggregate price.
- Closing expected on or about September 29, 2025; no underwriting discounts paid.
- Shares sold under subscription agreements exempt from registration (Section 4(a)(2) and Reg D).

## SEC filing metadata
- accession: 0001104659-25-091621
- form_type: 8-K
- cik: 0001901037
- company_name: Stellus Private Credit BDC
- filed_at: 2025-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901037/000110465925091621/0001104659-25-091621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901037/000110465925091621/tm2526253d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-091621
- JSON: https://secwatch.observer/filing/0001104659-25-091621.json
- Plain text: https://secwatch.observer/filing/0001104659-25-091621.txt

## Key facts
- Equity Issuances
  Stellus Private Credit BDC issued 981,034 common shares of beneficial interest of common stock to investors for $15,000,000.
  - Security: common stock
  - Shares: 981,034 common shares of beneficial interest
  - Purchaser: investors
  - Consideration: $15,000,000
  source text: On September 15, 2025, Stellus Private Credit BDC (the “Company”) delivered a capital drawdown notice to its investors relating to the sale of 981,034 common shares of beneficial interest (the “Shares”) of the Company for an aggregate offering price of $15,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901037/000110465925091621/0001104659-25-091621-index.htm

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