{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-010211","form_type":"8-K","ticker":null,"cik":"0001901037","company_name":"Stellus Private Credit BDC","filed_at":"2026-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.718022+00:00","generated_at":"2026-05-16T05:03:10.399411+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Stellus Private Credit BDC raises $2.8M via unregistered sale of 183,902 common shares","bullets":["Issued 183,902 common shares at aggregate offering price of $2,797,150.88.","No underwriting discounts or commissions paid on the sale.","Sale made under subscription agreements; exempt under Section 4(a)(2) and Regulation D."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-010211","json":"https://secwatch.observer/filing/0001104659-26-010211.json","markdown":"https://secwatch.observer/filing/0001104659-26-010211.md","text":"https://secwatch.observer/filing/0001104659-26-010211.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901037/000110465926010211/0001104659-26-010211-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901037/000110465926010211/tm264865d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:03:10.399411+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":"23d5efe5edf9671eb2d35e25064eb97ef5aeb087","claim":"Stellus Private Credit BDC issued 183,902 common shares of common stock to investors for aggregate offering price of $2,797,150.88.","evidence_excerpt":"On February 2, 2026, Stellus Private Credit BDC (the “Company”) issued 183,902 common shares of beneficial interest (the “Shares”) of the Company for an aggregate offering price of $2,797,150.88.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901037/000110465926010211/0001104659-26-010211-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"183,902 common shares"},{"label":"Purchaser","value":"investors"},{"label":"Consideration","value":"aggregate offering price of $2,797,150.88"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}