This is a routine administrative renewal of the investment advisory agreement following a change in control of the adviser. The fee structure is unchanged, so no immediate impact on SCM's earnings or net asset value is expected. Monitor for any future strategic shifts from the new parent company, Ridgepost Capital, Inc., but the filing itself is neutral.
Price Chart
Executive Summary
Stellus Capital Investment Corporation (SCM) entered into a new investment advisory agreement with its existing adviser, Stellus Capital Management, LLC, on June 22, 2026, following stockholder approval. The new agreement was triggered by a change in control of the adviser due to its acquisition by Ridgepost Capital, LLC. The terms of the new agreement are identical to the prior one, including the 1.75% annual base management fee and incentive fee structure, with no material changes to the fee economics or investment strategy.
Key Facts
- Stockholders approved a new investment advisory agreement on June 16, 2026.
- The new agreement was entered into on June 22, 2026, and is effective immediately.
- The terms of the new agreement are identical to the prior agreement, including the 1.75% annual base management fee and the same incentive fee structure.
- The new agreement was necessitated by a change in control of the adviser following its acquisition by Ridgepost Capital, LLC.
- The agreement has an initial two-year term and will continue automatically for successive annual periods subject to annual approval.
Financial Impact
No material financial impact; fee structure is unchanged.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-076452 |
| Document: tm2618361d1_8k.htm | 0001104659-26-076452 |
| Document: 0001104659-26-076452-index-headers.html | 0001104659-26-076452 |
| Document: 0001104659-26-076452-index.html | 0001104659-26-076452 |
| Document: 0001104659-26-076452.txt | 0001104659-26-076452 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 11d ago | Press Release | $7.22 | awaiting T+20 | — | $6.68 (−7.55%) |
Aug 10, 2026 10w ago | Press Release | $8.80 $8.35 | ▲ +5.11% | ▲ +4.05% | $6.68 (+24.15%) |
Jul 29, 2026 12w ago | 8-K | $7.46 $8.66 | ▲ +16.09% | ▲ +12.12% | $6.68 (−10.52%) |
Jul 16, 2026 14w ago | Press Release | $7.61 $8.78 | ▲ +15.37% | ▲ +10.93% | $6.68 (−12.29%) |
Jun 25, 2026 17w ago | Insider Buy | $8.43 $7.04 | ▼ −16.49% | ▼ −17.75% | $6.68 (−20.82%) |
Jun 22, 2026 17w ago | 8-K | $8.30 $7.14 | ▼ −13.98% | ▼ −15.14% | $6.68 (−19.58%) |
Jun 11, 2026 19w ago | Institutional Cluster | $8.85 $8.11 | ▼ −8.36% | ▼ −10.25% | $6.68 (−24.58%) |
May 4, 2026 24w ago | DEFA14A | $9.79 $8.96 | ▼ −8.48% | ▼ −13.43% | $6.68 (−31.82%) |
Apr 24, 2026 26w ago | DEFA14A | $9.45 $8.99 | ▼ −4.84% | ▼ −9.79% | $6.68 (−29.34%) |
Mar 13, 2026 32w ago | Insider Cluster | $8.56 $9.36 | ▲ +9.36% | ▲ +5.77% | $6.68 (−22.01%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers