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Recent Updates — RPC

September 4, 2026View Source ↗

Ridgepost Capital, Inc. filed an amendment to its Form 8-K to include the audited financial statements of Stellus Capital Management, LLC and pro forma financial information following the completion of Ridgepost's acquisition of Stellus on June 22, 2026. Stellus reported $38.3 million in revenues and $21.1 million in net income for the year ended December 31, 2025, alongside a separation agreement obligation settled for $12.5 million upon closing. The acquisition expands Ridgepost's alternative asset management capabilities. This company operates in the financial services industry as an investment manager.

June 22, 2026View Source ↗

Ridgepost Capital, Inc. completed its acquisition of Stellus Capital Management, LLC on June 22, 2026, for a total consideration of $125,000,000 in cash, 11,191,149 Class A membership units, and 579,096 shares of Class A Common Stock. The transaction includes a potential earnout payment of up to $60,000,000 based on financial performance in 2027 and 2029. To fund the acquisition, Ridgepost LLC drew down $139,000,000 from its revolving credit facility, which was recently increased to $195,000,000. Ridgepost Capital, Inc. is a financial services company providing capital and investment management services.