Stellus Private Credit BDC Issues 156,716 Shares in Private Offering

What Happened
Stellus Private Credit BDC announced in an 8-K that it issued 156,716 common shares of beneficial interest on August 31, 2026, for an aggregate offering price of $2,389,936.15. The shares were sold pursuant to subscription agreements with investors and the issuance was made as an exempt private offering under Section 4(a)(2) of the Securities Act and Regulation D. The company stated no underwriting discounts or commissions were paid or will be paid in connection with the sale.

Key Details

• Number of shares issued: 156,716 common shares of beneficial interest.
• Aggregate offering price: $2,389,936.15.
• Date of issuance: August 31, 2026.
• Offering treatment: Exempt from registration under Section 4(a)(2) and Regulation D; sold under subscription agreements; no underwriting fees/commissions.

Why It Matters
This filing documents a private equity raise that provides the company with approximately $2.39 million in cash from investors. For existing shareholders, issuance of new common shares can have a dilutive effect on ownership percentage. The filing does not report any changes to management or financial results—only the share issuance and the exemption relied upon for the private sale. Retail investors tracking Stellus Private Credit BDC should note the cash infusion and the added outstanding shares when assessing per-share metrics or ownership stakes.