{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-095647","form_type":"8-K","ticker":null,"cik":"0001901037","company_name":"Stellus Private Credit BDC","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.021977+00:00","generated_at":"2026-05-17T05:08:43.083122+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Stellus Private Credit BDC raises $2.45M via unregistered sale of 160,193 common shares","bullets":["Issued 160,193 common shares on September 30, 2025 for aggregate price of $2,449,352.41.","No underwriting discounts or commissions paid in connection with the sale.","Shares sold pursuant to subscription agreements exempt from registration under Section 4(a)(2) and Regulation D.","The offering provides additional equity capital to the company."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-095647","json":"https://secwatch.observer/filing/0001104659-25-095647.json","markdown":"https://secwatch.observer/filing/0001104659-25-095647.md","text":"https://secwatch.observer/filing/0001104659-25-095647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925095647/0001104659-25-095647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925095647/tm2527727d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:08:43.083122+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":"d3a54b45ba63e0effb05290c1d77b48024ebafbe","claim":"Stellus Private Credit BDC issued 160,193 common shares of common stock for an aggregate offering price of $2,449,352.41.","evidence_excerpt":"On September 30, 2025, Stellus Private Credit BDC (the “Company”) issued 160,193 common shares of beneficial interest (the “Shares”) of the Company for an aggregate offering price of $2,449,352.41.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925095647/0001104659-25-095647-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"160,193 common shares"},{"label":"Consideration","value":"an aggregate offering price of $2,449,352.41"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}