---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-010653"
form_type: "8-K"
ticker: "SCM"
cik: "0001551901"
company_name: "Stellus Capital Investment Corp"
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:25:57.748084+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stellus Capital Management to be acquired by P10; BDC shareholders to vote on new advisory agreement

## Summary
- Acquisition of external adviser Stellus Capital Management by P10 (NYSE:PX) for undisclosed terms; expected close mid-2026.
- Current management team remains; day-to-day operations, investment decisions unchanged.
- Transaction triggers assignment of advisory agreement; BDC shareholders must approve new agreement with same terms.
- P10 has >$40B AUM; Stellus has $3.8B AUM as lower-middle market direct lender.
- P10's sponsor network expected to broaden Stellus' direct lending opportunities.

## SEC filing metadata
- accession: 0001104659-26-010653
- form_type: 8-K
- ticker: SCM
- cik: 0001551901
- company_name: Stellus Capital Investment Corp
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1551901/000110465926010653/0001104659-26-010653-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551901/000110465926010653/tm265326d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-010653
- JSON: https://secwatch.observer/filing/0001104659-26-010653.json
- Plain text: https://secwatch.observer/filing/0001104659-26-010653.txt

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