Steele Creek Capital Corp·8-K

Mar 3, 11:43 AM ET

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Steele Creek Capital Corp 8-K

Research Summary

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Updated

Steele Creek Capital Corp Reports Unregistered Sale of ~$50K Common Stock

What Happened

  • Steele Creek Capital Corp filed an 8-K on March 3, 2026, reporting that on March 2, 2026 the company sold approximately $50,000 worth of its common stock (par value $0.001).
  • The exact number of shares and the per-share purchase price are not yet determined; the company will calculate the net asset value (NAV) per share within two business days of the sale and amend the Form 8-K to disclose those details.

Key Details

  • Sale date: March 2, 2026; 8-K filed: March 3, 2026.
  • Approximate proceeds: $50,000.
  • Security: Common stock, par value $0.001 per share; actual shares to be issued based on NAV per share to be determined.
  • How sold: Pursuant to subscription agreements (investors paid at subscription time).
  • Exemption: Issuance claimed exempt from registration under Section 4(a)(2) and Regulation D of the Securities Act.

Why It Matters

  • This is a small, unregistered capital raise that will increase outstanding shares once the NAV-based per-share price is disclosed.
  • Retail investors should watch for the company’s forthcoming amendment to the 8-K for the per-share purchase price and the exact number of shares issued, which will show the dilution effect and final proceeds.

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