Every material Form 8-K Stellus Capital Investment Corp has filed with the SEC since February 05, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Stellus Capital Investment Corp (NYSE: SCM) reported preliminary second-quarter 2026 results, estimating net investment income of $0.25 to $0.27 per share and net asset value of $12.76 to $12.84 per share as of June 30, 2026. That NAV range is up from $12.54 at March 31, 2026, and the company says the results are preliminary and may change in its Form 10-Q.
Preliminary NAV per share of $12.76 to $12.84 as of June 30, 2026, up $0.22 to $0.30 (1.8% to 2.4%) from $12.54 at March 31, 2026
Preliminary net investment income of $0.25 to $0.27 per share for the quarter; the filing does not give a prior-period NII comparison
Investments on non-accrual status were 5.4% of the portfolio at fair value and 8.5% at cost as of June 30, 2026
Repurchased 274,343 shares at a weighted average price of $8.88 (about $2.4 million); $17.6 million remains under the $20.0 million program
Stellus Capital Investment Corp entered a new investment advisory agreement with Stellus Capital Management, LLC on June 22, 2026, the same day Ridgepost Capital, LLC completed its acquisition of the adviser. The filing states the new agreement's terms, including advisory fees and fee calculations, are identical to the prior agreement dated October 26, 2012, apart from its date and term.
Stockholders approved the New Advisory Agreement on June 16, 2026; the company entered into it on June 22, 2026.
The agreement took effect on June 22, 2026, upon the closing of Ridgepost Capital, LLC's acquisition of Stellus Capital Management, which changed control of the adviser.
The initial term is two years from June 22, 2026, then renews year to year if approved annually as required under the 1940 Act.
Ridgepost Capital, LLC's parent, Ridgepost Capital, Inc., is listed on the New York Stock Exchange.
Stellus Capital Management, the external investment adviser to Stellus Capital Investment Corporation, has signed a definitive agreement to be acquired by P10, Inc. (NYSE: PX). The deal results in a change of control of the adviser, which terminates the current advisory agreement at closing, so the company's board and stockholders will be asked to approve a new advisory agreement with substantially the same terms apart from the initial term.
P10, Inc. (NYSE: PX) will acquire Stellus Capital Management, which the release says has $3.8 billion in assets under management
Current Stellus partners will keep control of day-to-day operations, including investment decisions and investment committee processes
Current investment advisory agreement terminates upon closing; a new agreement requires board and stockholder approval
Closing is expected in the middle of 2026, subject to BDC shareholder approvals and other customary conditions
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Stellus Capital Investment Corp filing is on SEC EDGAR ↗. 8-K briefs of other companies →