Stellus Private Credit BDC signs new advisory agreement after change of control of advisor to Ridgepost Capital

Stellus Private Credit BDC

New advisory agreement effective June 22, 2026, with identical fees (1.5% base mgmt fee, incentive fee structure) to prior agreement.
Agreement triggered by acquisition of Stellus Capital Management, LLC by Ridgepost Capital, LLC, completed June 22, 2026.
Initial two-year term; renews annually subject to board or majority shareholder approval.
Ridgepost Capital, Inc. (NYSE-listed) is the ultimate parent; refer to its SEC filings for deal details.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Stellus Private Credit BDC entered into New Advisory Agreement with Stellus Private BDC Advisor, LLC (effective 2026-06-22).

Action: entry
Counterparty: Stellus Private BDC Advisor, LLC
Effective: 2026-06-22

Exact text from the filing

rivate Credit BDC (the “Company”) approved a new investment advisory agreement (the “New Advisory Agreement”) by and between the Company and Stellus Private BDC Advisor, LLC (the “Advisor”), pursuant to which the Advisor will continue

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Source: SEC EDGAR

accession 0001104659-26-076454

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