Stellus Private Credit BDC Reports Unregistered Equity Sale
| Field | Detail |
|---|---|
| Company | Stellus Private Credit Bdc |
| Form Type | 8-K |
| Filed Date | Sep 3, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2,886,277.08 |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-sale, equity-securities, 8-k
TL;DR
Stellus Private Credit BDC sold unregistered equity on 9/2/25. Details TBD.
AI Summary
On September 3, 2025, Stellus Private Credit BDC filed an 8-K report detailing an unregistered sale of equity securities that occurred on September 2, 2025. The filing does not specify the number of shares sold or the price per share, but it indicates a transaction took place under the Securities Exchange Act of 1934.
Why It Matters
This filing indicates Stellus Private Credit BDC has engaged in an unregistered sale of its equity, which could impact its outstanding share count and potentially signal a private placement or other non-public offering.
Risk Assessment
Risk Level: medium — Unregistered sales can sometimes indicate less transparency or specific strategic maneuvers that warrant closer examination by investors.
Key Players & Entities
- Stellus Private Credit BDC (company) — Registrant
- September 3, 2025 (date) — Filing Date
- September 2, 2025 (date) — Date of Earliest Event Reported
- 4400 Post Oak Parkway, Suite 2200, Houston, Texas 77027 (location) — Principal Executive Offices
FAQ
What type of equity securities were sold in the unregistered offering?
The filing does not specify the type of equity securities sold, only that it was an 'Unregistered Sale of Equity Securities'.
What was the date of the unregistered sale of equity securities?
The earliest event reported, which is the date of the unregistered sale of equity securities, was September 2, 2025.
What is the filing date of this 8-K report?
The 8-K report was filed as of September 3, 2025.
What is the principal executive office address for Stellus Private Credit BDC?
The principal executive offices are located at 4400 Post Oak Parkway, Suite 2200, Houston, Texas 77027.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 473 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2025-09-03 10:49:21
Key Financial Figures
- $2,886,277.08 — pany for an aggregate offering price of $2,886,277.08. No underwriting discounts or commissio
Filing Documents
- tm2525068d1_8k.htm (8-K) — 23KB
- 0001104659-25-086786.txt ( ) — 181KB
- none-20250902.xsd (EX-101.SCH) — 3KB
- none-20250902_lab.xml (EX-101.LAB) — 33KB
- none-20250902_pre.xml (EX-101.PRE) — 22KB
- tm2525068d1_8k_htm.xml (XML) — 3KB
02. Unregistered Sale of Equity Securities
Item 3.02. Unregistered Sale of Equity Securities. On September 2, 2025, Stellus Private Credit BDC (the "Company") issued 188,769 common shares of beneficial interest (the "Shares") of the Company for an aggregate offering price of $2,886,277.08. No underwriting discounts or commissions have been or will be paid in connection with the sale of the Shares. The sale of the Shares described made pursuant to subscription agreements entered into by the Company and its investors. The issuance and sale of the Shares are exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof and Regulation D thereunder. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Stellus Private Credit bdc Date: September 3, 2025 By: /s/ W. Todd Huskinson Name: W. Todd Huskinson Title: Chief Financial Officer, Chief Operating Officer and Secretary