{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-076454","form_type":"8-K","ticker":null,"cik":"0001901037","company_name":"Stellus Private Credit BDC","filed_at":"2026-06-22T21:00:58+00:00","discovered_at":"2026-06-22T21:02:00.378948+00:00","generated_at":"2026-06-22T21:02:50.916429+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Stellus Private Credit BDC signs new advisory agreement after change of control of advisor to Ridgepost Capital","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-076454","json":"https://secwatch.observer/filing/0001104659-26-076454.json","markdown":"https://secwatch.observer/filing/0001104659-26-076454.md","text":"https://secwatch.observer/filing/0001104659-26-076454.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901037/000110465926076454/0001104659-26-076454-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901037/000110465926076454/tm2618363d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T21:02:50.916429+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":"244ed48ee11d50752cd9f3229d728c6e518538b0","claim":"Stellus Private Credit BDC entered into New Advisory Agreement with Stellus Private BDC Advisor, LLC (effective 2026-06-22).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901037/000110465926076454/0001104659-26-076454-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Stellus Private BDC Advisor, LLC"},{"label":"Effective","value":"2026-06-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}