{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-104948","form_type":"8-K","ticker":null,"cik":"0001901037","company_name":"Stellus Private Credit BDC","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.022381+00:00","generated_at":"2026-05-17T01:08:54.102711+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Stellus Private Credit BDC raises $2.4M via private placement of 158,404 shares","bullets":["Issued 158,404 common shares on October 30, 2025 for aggregate proceeds of $2,417,219.95.","Sale made through subscription agreements under Section 4(a)(2) and Regulation D exemptions.","No underwriting discounts or commissions were paid in connection with the offering.","Shares sold to investors in a private placement without registration under the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-104948","json":"https://secwatch.observer/filing/0001104659-25-104948.json","markdown":"https://secwatch.observer/filing/0001104659-25-104948.md","text":"https://secwatch.observer/filing/0001104659-25-104948.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925104948/0001104659-25-104948-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925104948/tm2529968d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:08:54.102711+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":"eb469f75c1b1f36eaaf1372f568a0e295b7773aa","claim":"Stellus Private Credit BDC issued 158,404 common shares of beneficial interest of common stock to the Company and its investors for $2,417,219.95.","evidence_excerpt":"On October 30, 2025, Stellus Private Credit BDC (the “Company”) issued 158,404 common shares of beneficial interest (the “Shares”) of the Company for an aggregate offering price of $2,417,219.95.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925104948/0001104659-25-104948-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"158,404 common shares of beneficial interest"},{"label":"Purchaser","value":"the Company and its investors"},{"label":"Consideration","value":"$2,417,219.95"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}