other material
confidence high
sentiment neutral
materiality 0.20
Stellus Private Credit BDC issues 660,941 common shares for $10M aggregate
Stellus Private Credit BDC
- Capital drawdown notice delivered April 17, 2026 for 660,941 shares at aggregate offering price of $10,000,000.
- No underwriting discounts or commissions paid on the sale.
- Sale expected to close on or about May 1, 2026 pursuant to subscription agreements.
- Issuance exempt from registration under Section 4(a)(2) of Securities Act and Regulation D.
- Drawdown notice requires minimum 10 business days' prior notice to investors.