Recent Updates — SCA
On June 22, 2026, Stellus Capital Investment Corporation entered into a new investment advisory agreement with Stellus Capital Management, LLC, following the acquisition of the advisor by Ridgepost Capital, LLC. The agreement's terms, including base management and incentive fees, are identical to the prior 2012 agreement. The contract is effective for an initial two-year period starting June 22, 2026, and will renew annually subject to board and disinterested director approval. The company is a business development company that provides financing to middle-market companies.
At its Annual Meeting of Stockholders on June 16, 2026, Stellus Capital Investment Corporation approved two proposals. Stockholders elected Bruce R. Bilger as a director for a three-year term and approved a new investment advisory agreement with Stellus Capital Management, LLC. The company operates as a business development company that provides financing to middle-market companies.