{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-117991","form_type":"8-K","ticker":null,"cik":"0001901037","company_name":"Stellus Private Credit BDC","filed_at":"2025-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.022571+00:00","generated_at":"2026-05-16T15:28:15.110227+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Stellus Private Credit BDC issues 168,676 shares in unregistered private placement raising ~$2.6M","bullets":["Issued 168,676 common shares at aggregate offering price of $2,573,997.95 on December 1, 2025.","No underwriting discounts or commissions paid in connection with the sale.","Shares sold pursuant to subscription agreements exempt under Section 4(a)(2) and Regulation D.","Use of proceeds not disclosed in the filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-117991","json":"https://secwatch.observer/filing/0001104659-25-117991.json","markdown":"https://secwatch.observer/filing/0001104659-25-117991.md","text":"https://secwatch.observer/filing/0001104659-25-117991.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925117991/0001104659-25-117991-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925117991/tm2532460d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:28:15.110227+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":"8478fb69c66749959561ce2093ec0f3c772a952f","claim":"Stellus Private Credit BDC issued 168,676 common shares of common stock for aggregate offering price of $2,573,997.95.","evidence_excerpt":"On December 1, 2025, Stellus Private Credit BDC (the “Company”) issued 168,676 common shares of beneficial interest (the “Shares”) of the Company for an aggregate offering price of $2,573,997.95.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925117991/0001104659-25-117991-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"168,676 common shares"},{"label":"Consideration","value":"aggregate offering price of $2,573,997.95"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}