Stellus Capital Investment Corporation (SCM)

Stellus Capital Management Closes Stellus Credit Fund IVMay 19, 2026 10:54 AM
PR Newswire (US) Firm Hits Fundraising Target with Approximately $1.5 Billion of Investable Capital1HOUSTON, May 19, 2026 /PRNewswire/ -- Stellus Capital Management, LLC ("Stellus" or the "Firm"), a leader in lower middle market direct lending, today announced the final close of Stellus Credit Fund IV ("SCF IV" or the "Fund"). The Firm met its fundraising target with approximately $1.5 billion of investable capital. SCF IV, the successor to Stellus Credit Fund III, closed on April 1, 2026, and has already invested in 44 portfolio companies. Similar to its predecessor funds, SCF IV is focused on identifying and pursuing private credit opportunities, originated and underwritten by Stellus, across a diverse range of industries in the United States and Canada.SCF IV received commitments from new and existing institutional and high-net-worth investors globally, including leading public and private pension plans, insurance companies, foundations, family offices, global investment banks, consultants, and other institutional investors.Stellus recently announced it has entered into a definitive agreement to be acquired by Ridgepost Capital, Inc. (formerly P10, Inc.; NYSE: RPC), with the transaction expected to close in mid-2026. Stellus will continue to be managed by its current partners, who will retain control of day-to-day operations, including investment decisions and investment committee processes."The response to SCF IV from both new and returning investors speaks to the strength of what our team has built over 22 years in lower middle market direct lending. As we look ahead to joining the Ridgepost platform, we remain as focused as ever on the disciplined, relationship-driven approach that has defined Stellus since our founding – and we are excited to put this capital to work on behalf of our investors."– Robert T. Ladd, Managing Partner, Stellus Capital ManagementAbout Stellus Capital Management
Stellus is one of the longest tenured direct lenders specializing in senior secured, sponsor-backed loans in the lower middle market. Formed within the D.E. Shaw Group in 2004, Stellus spun out in 2012 and today manages ~$4 billion across various investment vehicles including closed-end institutional funds, a public BDC (NYSE: SCM), and a perpetual non-traded private BDC. Stellus is a single strategy firm, and its founding partners have been investing together in the lower middle market for 22+ years with a track record of over $10.5 billion deployed across more than 375 transactions and over 200 unique private equity sponsors since inception. Stellus is headquartered in Houston, TX with offices in the Washington, D.C. area and Charlotte, NC. Learn more at www.stelluscapital.com.1 Includes target leverage, capital commitments to SCF IV and investor-specific vehicles, and $225 million of discretionary capital from an existing investor. View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-management-closes-stellus-credit-fund-iv-302776368.htmlSOURCE Stellus Capital Management, LLC Original: Stellus Capital Management Closes Stellus Credit Fund IV

Stellus Capital Investment Corporation Reports Results for its First Fiscal Quarter Ended March 31, 2026May 11, 2026 4:47 PM
PR Newswire (US) HOUSTON, May 11, 2026 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fiscal quarter ended March 31, 2026. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended March 31, 2026, in which we earned U.S. GAAP net investment income of $0.26 per share, core net investment income of $0.27 per share and net realized income of $0.29 per share. During the quarter, we funded $28 million of investments and received $42 million of repayments, resulting in a total portfolio of $990 million at fair value. I'm also pleased to report that our investors have received a total of $339 million in distributions, equivalent to $18.49 per share, since we began operations."FINANCIAL HIGHLIGHTS
($ in millions, except data relating to per share amounts and shares outstanding)






Three Months Ended
March 31, 2026
March 31, 2025
AmountPer Share
AmountPer ShareNet investment income$7.50$0.26
$9.79$0.35Core net investment income(1)7.860.27
10.290.37Net realized gain (loss) on investments0.750.03
(5.97)(0.21)Net realized gain (loss) on foreign currency translation——
(0.03)—Total realized income(2)$8.25$0.29
$3.79$0.14Distributions(9.84)(0.34)
(11.09)(0.40)Net unrealized change in (depreciation) appreciation on investments(6.54)(0.23)
1.200.04Net unrealized change in depreciation on foreign currency translation(0.05)—
——Net increase in net assets resulting from operations$1.66$0.06
$4.99$0.18Weighted average shares outstanding
28,947,254

27,602,612

(1)Core net investment income, as presented, excludes the impact of capital gains incentive fees (reversal) and income taxes, the majority of which are excise taxes. The Company believes presenting core net investment income and the related per share amount is a useful supplemental disclosure for analyzing its financial performance. However, core net investment income is a non-U.S. GAAP measure and should not be considered as a replacement for net investment income and other earnings measures presented in accordance with U.S. GAAP. A reconciliation of net investment income in accordance with U.S. GAAP to core net investment income is presented in the table below the financial statements.                           (2)Total realized income is the sum of net investment income, net realized gains (losses) on investments, net realized gains (losses) on foreign currency, and losses on debt extinguishment, all U.S. GAAP measures.PORTFOLIO ACTIVITY
($ in millions, except data relating to per share amounts, shares outstanding, and number of portfolio companies)






As of
As of

March 31, 2026
December 31, 2025Investments at fair value
$990.0
$1,007.6Total assets
$1,001.3
$1,041.3Net assets
$363.0
$371.2Shares outstanding
28,947,254
28,947,254Net asset value per share
$12.54
$12.82






Three Months Ended

March 31, 2026
March 31, 2025New investments
$27.7
$55.4Repayments of investments
(41.7)
(15.0)Net activity
($14.0)
$40.4






As of
As of

March 31, 2026
December 31, 2025Number of portfolio company investments
116
115Number of debt investments
100
100




Weighted average yield of debt and other income producing
investments (3)



Cash
8.1 %
8.5 %Payment-in-kind ("PIK")
0.6 %
0.5 %Fee amortization
0.3 %
0.3 %Total
9.0 %
9.3 %




Weighted average yield of total investments(4)



Cash
7.6 %
7.9 %PIK
0.6 %
0.5 %Fee amortization
0.3 %
0.3 %Total
8.5 %
8.7 %

(3)The dollar-weighted average annualized effective yield is computed using the effective interest rate for our debt investments and other income producing investments, including cash and PIK interest, as well as the accretion of deferred fees. The individual investment yields are then weighted by the respective cost of the investments (as of the date presented) in calculating the weighted average effective yield of the portfolio. The dollar-weighted average annualized yield on the Company's investments for a given period will generally be higher than what investors in the Company's common stock would realize in a return over the same period because the dollar-weighted average annualized yield does not reflect the Company's expenses or any sales load that may be paid by investors.(4)The dollar-weighted average yield on total investments takes the same yields as calculated in the footnote above but weights them to determine the weighted average effective yield as a percentage of the Company's total investments, including non-income producing equity positions and debt investments on non-accrual status.Results of OperationsInvestment income for the three months ended March 31, 2026 and 2025 totaled $23.3 million and $25.0 million, respectively, most of which was interest income from portfolio investments.Gross operating expenses for the three months ended March 31, 2026 and 2025 totaled $15.8 million and $16.4 million, respectively. For the same respective periods, base management fees totaled $4.4 million and $4.1 million, income incentive fees totaled $0.1 million and $2.1 million, fees and expenses related to our borrowings totaled $8.9 million and $8.3 million (including interest and amortization of deferred financing costs), administrative expenses totaled $0.6 million and $0.4 million, income tax totaled $0.4 million and $0.5 million and other expenses totaled $1.4 million and $1.0 million. The Company waived $0.0 million and $1.2 million of income incentive fees due to the total return limitation pursuant to the provisions of the Investment Advisory Agreement between the Company and the Advisor (as defined below) for the three months ended March 31, 2026 and 2025, respectively, for net operating expenses of $15.8 million and $15.2 million, respectively.Net investment income was $7.5 million and $9.8 million, or $0.26 and $0.35 per common share based on 28,947,254 and 27,602,612 weighted average common shares outstanding for the three months ended March 31, 2026 and 2025, respectively. Core net investment income, which is a non-U.S. GAAP measure that excludes capital gains incentive fees (reversals) and income tax expense accruals, for the three months ended March 31, 2026 and 2025 was $7.9 million and $10.3 million, or $0.27 and $0.37 per share, respectively.For the three months ended March 31, 2026 and 2025, the Company's investment portfolio had a net change in unrealized (depreciation) appreciation of ($6.5) million and $1.2 million, respectively, and the Company had net realized gains (losses) of $0.8 million and ($6.0) million, respectively.Net increase in net assets resulting from operations totaled $1.7 million and $5.0 million, or $0.06 and $0.18 per common share, based on 28,947,254 and 27,602,612 weighted average common shares outstanding for the three months ended March 31, 2026 and 2025, respectively.Liquidity and Capital ResourcesAs of March 31, 2026, the Company's amended senior secured revolving credit agreement with certain bank lenders and Zions Bancorporation, N.A. dba Amegy Bank, as administrative agent (as amended from time to time, the "Credit Facility") provided for borrowings in an aggregate amount of up to $335.0 million on a committed basis. As of both March 31, 2026 and December 31, 2025, the Credit Facility had an accordion feature which allowed for potential future expansion of the facility size up to $365.0 million.As of March 31, 2026 and December 31, 2025, the Company had $241.5 million and $236.6 million in outstanding borrowings under the Credit Facility, respectively.DistributionsFor the three months ended March 31, 2026 and 2025, the Company declared aggregate distributions of $0.34 per share and $0.40 per share, respectively ($9.8 million and $11.1 million in the aggregate, respectively). Tax characteristics of all distributions will be reported to stockholders on Form 1099-DIV after the end of the calendar year. None of these dividends are expected to include a return of capital.Recent Portfolio ActivityThe Company invested in the following portfolio companies during the three months ended March 31, 2026:











Activity Type
Date
Company Name
Company Description
Investment Amount
Instrument TypeAdd-On Investment
January 2, 2026
Bart & Associates, LLC*
Provider of content, information, tech-enabled services, and hosts
competitions for the U.S. equine industry
$2,000,000
Senior Secured – First Lien







$43,413
EquityNew Investment
January 9, 2026
Silver Corporate Holdings LLC
Senior-care focused placement platform
$7,130,301
Senior Secured – First Lien







$100,000
Revolver Commitment







$498,641
EquityAdd-On Investment
January 15, 2026
GRC Java Holdings, LLC*
Specialty coffee platform
$42,783
EquityAdd-On Investment
January 20, 2026
EH Real Estate Services, LLC*
Offers residential property brokerage, title & settlement, and
property and casualty insurance brokerage services to home buyers
and sellers
$380,186
Senior Secured – First LienAdd-On Investment
January 21, 2026
evolv Holdco, LLC*
Digital transformation consulting firm
$8,036
EquityAdd-On Investment
February 2, 2026
BI Investors, LLC*
Provider of center-based applied behavioral analysis therapy
services
$5,743
EquityAdd-On Investment
February 3, 2026
Green Topco Holdings, LLC*
Cyber-security focused value-added reseller and associated service provider
$16,598
EquityAdd-On Investment
February 3, 2026
Venbrook Buyer, LLC*
An independent insurance services broker
$628,201
Senior Secured – First LienAdd-On Investment
February 6, 2026
SP MWM Holdco LLC*
Provider of test and measurement services and equipment
$194,667
EquityAdd-On Investment
February 18, 2026
EH Real Estate Services, LLC*
Offers residential property brokerage, title & settlement, and
property and casualty insurance brokerage services to home buyers
and sellers
$190,093
Senior Secured – First LienAdd-On Investment
February 25, 2026
Venbrook Buyer, LLC*
An independent insurance services broker
$1,256,415
Senior Secured – First LienAdd-On Investment
March 3, 2026
EH Real Estate Services, LLC*
Offers residential property brokerage, title & settlement, and
property and casualty insurance brokerage services to home buyers
and sellers
$190,093
Senior Secured – First LienNew Investment
March 3, 2026
Precision Strategies, LLC
Strategic communications and marketing agency
$6,176,011
Senior Secured – First Lien







$100,000
Revolver CommitmentNew Investment
March 6, 2026
Synergy Health Partners MSO, LLC
Provider of orthopedic and musculoskeletal care
$4,000,000
Senior Secured – First Lien







$500,000
Delayed Draw Term Loan Commitment







$100,000
Revolver Commitment







$136,634
EquityAdd-On Investment
March 24, 2026
Eskola LLC*
Provider of commercial re-roofing services
$101,429
Equity_________________________*Existing portfolio companyThe Company realized investments in the following portfolio companies during the three months ended March 31, 2026:














Activity Type
Date
Company Name
Company Description
Proceeds Received
Realized Gain
 Instrument TypeFull Repayment
January 23, 2026
Camp Profiles LLC
Provider of digital marketing
services to small and medium-sized
businesses
$12,041,875
$—
Senior Secured – First LienFull Realization






$969,138
$719,138
EquityFull Repayment
January 30, 2026
Luxium Solutions, LLC
Manufacturer and distributor of
high-performance advanced
materials and assemblies
$8,169,324
$—
Senior Secured – First Lien







$1,182,247
$—
Delayed Draw Term LoanFull Repayment
February 3, 2026
Arctiq, Inc.
Cyber-security focused value-added
reseller and associated service
provider
$12,202,671
$—
Senior Secured – First Lien







$399,965
$—
Delayed Draw Term LoanEvents Subsequent to March 31, 2026The Company's management has evaluated subsequent events through May 11, 2026. There have been no subsequent events that require recognition or disclosure except for the following described below.Investment PortfolioThe Company invested in the following portfolio companies subsequent to March 31, 2026:











Activity Type
Date
Company Name
Company Description
Investment Amount
 Instrument TypeAdd-On Investment
April 1, 2026
EH Real Estate Services, LLC*
Offers residential property brokerage, title &
settlement, and property and casualty insurance
brokerage services to home buyers
and sellers
$190,093
Senior Secured – First LienNew Investment
April 3, 2026
VeloSource Purchaser, LLC
Locum tenens staffing agency
$200,000
Senior Secured – First Lien







$100,000
Delayed Draw Term Loan Commitment







$100,000
Revolver Commitment







$18,605
EquityAdd-On Investment
April 13, 2026
Venbrook Buyer, LLC*
An independent insurance services broker
$1,256,415
Senior Secured – First LienNew Investment
April 13, 2026
Solomon AcquisitionCo, LLC
An innovative process automation and digital systems
integrator
$4,196,557
Senior Secured – First Lien







$100,000
Revolver Commitment







$186,807
EquityNew Investment
April 27, 2026
Project Freeze**
Manufacturer of walk-in coolers, freezers, and
refrigeration systems
$4,000,000
Senior Secured – First Lien







$100,000
Delayed Draw Term Loan Commitment







$100,000
Revolver Commitment







$324,074
EquityAdd-On Investment
April 28, 2026
Venbrook Buyer, LLC*
An independent insurance services broker
$502,566
Senior Secured – First LienAdd-On Investment
April 28, 2026
Advanced Barrier Extrusions, LLC*
Manufacturer of flexible packaging
$330,250
Senior Secured – First Lien_________________________*Existing portfolio company
** The name of this portfolio company is not disclosed at this time due to confidentiality restrictions. The name of this portfolio company will be disclosed in the
Company's quarterly report for the quarter ending June 30, 2026.The Company realized investments in the following portfolio companies subsequent to March 31, 2026:














Activity Type
Date
Company Name
Company Description
Proceeds Received
Realized Loss
 Instrument TypeFull Repayment
April 17, 2026
Sales Benchmark Index, LLC
Provider of revenue growth
management consulting services
for private equity-owned and large
enterprise clients
$11,968,656
$—
Senior Secured – First Lien







$443,820
$—
Revolver CommitmentFull Realization






$486,925

(178,805)
EquityFull Repayment
April 24, 2026
Equine Network, LLC
Provider of equine competitions,
content, products, and services
$9,043,164
$—
Senior Secured – First Lien







$97,900
$—
Delayed Draw Term Loan Commitment







$166,667
$—
Revolver CommitmentFull Repayment
April 30, 2026
Cerebro Buyer, LLC
Manufacturer of single-use
electrodes for medical procedures
$4,526,683
$—
Senior Secured – First Lien







$376,902
$—
Delayed Draw Term Loan CommitmentCredit Facility The outstanding balance under the Credit Facility as of May 11, 2026 was $238.4 million.Distributions DeclaredOn April 14, 2026, the Board of Directors of the Company declared a regular monthly dividend for each of April 2026, May 2026, and June 2026 as follows:











Ex-Dividend
Record
Payment
Amount perDeclared
Date
Date
Date
Share4/14/2026
4/30/2026
4/30/2026
5/15/2026
$0.11334/14/2026
5/29/2026
5/29/2026
6/15/2026
$0.11334/14/2026
6/30/2026
6/30/2026
7/15/2026
$0.1133Conference Call InformationStellus Capital Investment Corporation will host a conference call to discuss these results on Tuesday, May 12, 2026 at 10:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary.For those wishing to participate by telephone, please dial (888) 506-0062. Use passcode 108816. Starting approximately two hours after the conclusion of the call, a replay will be available through Wednesday, May 20, 2026 by dialing (877) 481-4010 and entering passcode 54017. The replay will also be available on the Company's website.For those wishing to participate via Live Webcast, connect via the Public (SCIC) section of our website at www.stelluscapital.com, under the Events tab. A replay of the conference will be available on our website for approximately 90 days.About Stellus Capital Investment CorporationThe Company is an externally managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private lower middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) with a focus on investing through first lien (including unitranche) loans, often with a corresponding equity investment. The Company's investment activities are managed by its investment adviser, Stellus Capital Management. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the "Public (SCIC)" tab.Forward-Looking StatementsStatements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.ContactsStellus Capital Investment Corporation
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.comSTELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES









(unaudited)




March 31, 2026
December 31, 2025
ASSETS






Controlled investments, at fair value (amortized cost of $34,432,893 and $33,603,521, 
respectively)
$12,237,127
$14,953,132
Non-controlled, affiliated investments, at fair value (amortized cost of $4,878,960 and
$4,806,660, respectively)

3,378,350

3,750,674
Non-controlled, non-affiliated investments, at fair value (amortized cost of
$976,006,465 and $987,729,505, respectively)

974,379,087

988,919,589
Cash and cash equivalents

3,376,525

25,050,156
Receivable for sales and repayments of investments

492,000

581,509
Interest receivable

6,611,848

6,375,996
Income tax receivable

—

1,385,387
Other receivables

149,189

85,000
Related party receivable

—

20
Deferred offering costs

75,000

—
Prepaid expenses

574,127

150,843
Total Assets
$1,001,273,253
$1,041,252,306
LIABILITIES






Notes Payable
$122,758,915
$122,671,409
Credit Facility payable

238,276,659

233,167,360
SBA-guaranteed debentures

257,151,049

295,984,063
Dividends payable

3,279,724

3,858,669
Management fees payable

4,392,357

4,442,705
Income incentive fees payable

2,413,077

2,317,429
Interest payable

5,729,215

6,138,076
Related party payable

2,335,513

—
Unearned revenue

539,630

582,007
Administrative services payable

579,529

539,338
Income tax payable

93,492

—
Other accrued expenses and liabilities

728,572

372,294
Total Liabilities
$638,277,732
$670,073,350
Commitments and contingencies (Note 7)






Net Assets
$362,995,521
$371,178,956
NET ASSETS






Common stock, par value $0.001 per share (100,000,000 shares authorized; 28,947,254
and 28,947,254 shares issued and outstanding, respectively)
$28,947
$28,947
Paid-in capital

397,829,793

397,829,793
Total distributable loss

(34,863,219)

(26,679,784)
Net Assets
$362,995,521
$371,178,956
Total Liabilities and Net Assets
$1,001,273,253
$1,041,252,306
Net Asset Value Per Share
$12.54
$12.82
 STELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)








For the three months ended

March 31, 2026
March 31, 2025INVESTMENT INCOME





From non-controlled, affiliated investments





Interest income
$45
$—Payment-in-kind interest income

72,300

—From non-controlled, non-affiliated investments





Interest income

20,578,575

20,817,005Payment-in-kind interest income

1,602,087

3,310,111Other income

1,039,927

824,542Total Investment Income
$23,292,934
$24,951,658OPERATING EXPENSES





Management fees
$4,392,357
$4,054,726Valuation fees

166,119

157,889Administrative services expenses

649,120

449,298Income incentive fees

106,709

2,136,491Professional fees

817,727

418,031Directors' fees

129,250

111,250Insurance expense

93,056

97,090Interest expense and other fees

8,851,541

8,263,019Income tax expense

360,471

499,547Other general and administrative expenses

239,617

218,351Total Operating Expenses
$15,805,967
$16,405,692Income incentive fee waiver

(11,061)

(1,242,843)Total Operating Expenses, net of fee waivers
$15,794,906
$15,162,849Net Investment Income
$7,498,028
$9,788,809Net realized gain (loss) on non-controlled, non-affiliated investments
$750,410
$(5,967,221)Net realized gain (loss) on foreign currency translations

3,664

(29,655)Net change in unrealized (depreciation) appreciation on controlled investments

(3,545,377)

55,276Net change in unrealized depreciation on non-controlled, affiliated investments

(444,624)

—Net change in unrealized (depreciation) appreciation on non-controlled, non-affiliated investments

(2,558,345)

1,138,017Net change in unrealized (depreciation) appreciation on foreign currency translations

(48,020)

8,319Net Increase in Net Assets Resulting from Operations
$1,655,736
$4,993,545Net Investment Income Per Share—basic and diluted
$0.26
$0.35Net Increase in Net Assets Resulting from Operations Per Share – basic and diluted
$0.06
$0.18Weighted Average Shares of Common Stock Outstanding—basic and diluted

28,947,254

27,602,612Distributions Per Share—basic and diluted
$0.34
$0.40 STELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited)
















Common Stock



Total




Number 
Par 
Paid-in 
distributable




of shares
value
capital
(loss)
Net AssetsBalances at December 31, 2024
27,481,118
$27,481
$379,549,272
$(9,654,813)
$369,921,940Net investment income
—

—

—

9,788,809

9,788,809Net realized loss on investments
—

—

—

(5,967,221)

(5,967,221)Net realized loss on foreign currency translations
—

—

—

(29,655)

(29,655)Net change in unrealized appreciation on investments
—

—

—

1,193,293

1,193,293Net change in unrealized depreciation on foreign currency translations
—

—

—

8,319

8,319Distributions from net investment income
—

—

—

(11,087,389)

(11,087,389)Issuance of common stock, net of offering costs(1)
656,085

656

8,937,430

—

8,938,086Balances at March 31, 2025
28,137,203
$28,137
$388,486,702
$(15,748,657)
$372,766,182














Balances at December 31, 2025
28,947,254
$28,947
$397,829,793
$(26,679,784)
$371,178,956Net investment income
—

—

—

7,498,028

7,498,028Net realized gain on investments
—

—

—

750,410

750,410Net realized gain on foreign currency translation
—

—

—

3,664

3,664Net change in unrealized depreciation on investments
—

—

—

(6,548,346)

(6,548,346)Net change in unrealized depreciation on foreign currency translations
—

—

—

(48,020)

(48,020)Distributions from net investment income
—

—

—

(9,839,171)

(9,839,171)Balances at March 31, 2026
28,947,254
$28,947
$397,829,793
$(34,863,219)
$362,995,521 STELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)

For the three months ended

March 31, 2026
March 31, 2025Cash Flows from Operating Activities





Net increase in net assets resulting from operations
$1,655,736
$4,993,545Adjustments to reconcile net increase in net assets from operations to net cash used in operating activities:





Purchases of investments

(27,664,251)

(55,415,263)Proceeds from sales and repayments of investments

41,713,484

14,986,423Net change in unrealized depreciation (appreciation) on investments

6,548,346

(1,193,293)Net change in unrealized depreciation (appreciation) on foreign currency translations

48,020

(8,319)Increase in investments due to payment-in-kind income

(1,674,387)

(976,479)Amortization of premium and accretion of discount, net

(713,561)

(715,755)Amortization of loan structure fees

254,298

315,618Amortization of deferred financing costs

134,684

110,150Amortization of discount on Notes Payable

33,248

—Amortization of premium on Notes Payable

(30,426)

—Amortization of loan fees on SBA-guaranteed debentures

166,986

188,984Net realized (gain) loss on investments

(750,410)

5,967,221Changes in other assets and liabilities





Increase in interest receivable

(235,852)

(1,281,507)Decrease (increase) in income tax receivable

1,385,387

(1,081,760)Increase in other receivables

(64,189)

(20,755)Decrease in related party receivables

20

3,687(Increase) decrease in prepaid expenses

(423,284)

90,313(Decrease) increase in management fees payable

(50,348)

20,617Increase (decrease) in income incentive fees payable

95,648

(1,458,054)Increase (decrease) in administrative services payable

40,191

(12,990)Decrease in interest payable

(408,861)

(3,788,915)Increase in related party payable

2,335,513

1,290,893(Decrease) increase in unearned revenue

(42,377)

72,177Increase in income tax payable

93,492

—Increase in other accrued expenses and liabilities

356,278

989,436Net Cash Provided by (Used in) Operating Activities
$22,803,385
$(36,924,026)Cash Flows from Financing Activities





Proceeds from the issuance of common stock
$—
$9,256,982Sales load for common stock issued

—

(138,908)Offering costs paid for common stock issued

(75,000)

(179,988)Stockholder distributions paid

(10,418,116)

(10,999,933)Financing costs paid on Notes Payable

(50,000)

—Repayments of SBA-guaranteed debentures

(39,000,000)

(16,250,000)Borrowings under Credit Facility

58,100,000

67,700,000Repayments of Credit Facility

(53,033,900)

(21,633,900)Net Cash (Used in) Provided by Financing Activities
$(44,477,016)
$27,754,253Net Decrease in Cash and Cash Equivalents
$(21,673,631)
$(9,169,773)Cash and Cash Equivalents Balance at Beginning of Period
$25,050,156
$20,058,594Cash and Cash Equivalents Balance at End of Period
$3,376,525
$10,888,821Supplemental and Non-Cash Activities





Cash paid for interest expense
$8,701,862
$11,437,182Income and excise tax refund, net

(1,118,408)

1,581,307Exchange of investments

1,999,529

1,663,301 Reconciliation of Core Net Investment Income(1)(Unaudited)






Three Months Ended

March 31, 2026
March 31, 2025Net investment income
$7,498,028
$9,788,809Income tax expense
360,471
499,547Core net investment income
$7,858,499
$10,288,356




Per share amounts:



Net investment income per share
$0.26
$0.35Core net investment income per share
$0.27
$0.37 Reconciliation of Realized Net Investment Income(2)(Unaudited)






Three Months Ended

March 31, 2026
March 31, 2025Net investment income
$7,498,028
$9,788,809Net realized gain (loss) on investments
750,410
(5,967,221)Net realized gain on foreign currency translation
3,664
(29,655)Total realized net investment income
$8,252,102
$3,791,933




Per share amounts:



Net investment income per share
$0.26
$0.35Realized net investment income per share
$0.29
$0.14  View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-investment-corporation-reports-results-for-its-first-fiscal-quarter-ended-march-31-2026-302768689.htmlSOURCE Stellus Capital Investment Corporation Original: Stellus Capital Investment Corporation Reports Results for its First Fiscal Quarter Ended March 31, 2026

Stellus Capital Investment Corporation Schedules First Quarter 2026 Financial Results Conference CallMay 7, 2026 6:23 PM
PR Newswire (US) HOUSTON, May 7, 2026 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the first quarter ended March 31, 2026 on Monday, May 11, 2026, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Tuesday, May 12, 2026 at 10:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary.Conference Call DetailsVia Phone: Dial 888-506-0062 (domestic). Use passcode 108816. Starting approximately two hours after the conclusion of the call, a replay will be available through Wednesday, May 20, 2026 by dialing 877-481-4010 and entering passcode 54017.Via Live Webcast: Connect via the Public Company (SCIC) section of our website at www.stelluscapital.com, under the Events tab. A replay of the conference will be available on our website for approximately 90 days.About Stellus Capital Investment CorporationThe Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien, second lien, unitranche and mezzanine debt financing, and corresponding equity investments. The Company's investment activities are managed by its investment adviser, Stellus Capital Management, LLC. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the Stellus Capital Investment Corporation link.FORWARD-LOOKING STATEMENTSStatements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.Contacts
Stellus Capital Investment Corporation
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
thuskinson@stelluscapital.com View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-investment-corporation-schedules-first-quarter-2026-financial-results-conference-call-302766341.htmlSOURCE Stellus Capital Investment Corporation Original: Stellus Capital Investment Corporation Schedules First Quarter 2026 Financial Results Conference Call

Stellus Capital Investment Corporation Announces $0.34 Second Quarter 2026 Regular Dividend, Payable Monthly in Increments of $0.1133 in May, June, and July 2026April 14, 2026 8:56 PM
PR Newswire (US)

HOUSTON, April 14, 2026 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.1133 for each of April, May, and June, totaling $0.34 per share in the aggregate for the second quarter of 2026. The regular dividend of $0.34 per share will be paid to shareholders of record in May, June, and July 2026.







Summary of Second Quarter 2026 Regular Monthly DividendsDeclared               Ex-Dividend Date         Record Date       Payment Date      Amount per Share    4/14/20264/30/20264/30/20265/15/2026$0.11334/14/20265/29/20265/29/20266/15/2026$0.11334/14/20266/30/20266/30/20267/15/2026$0.1133About Stellus Capital Investment CorporationThe Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) with a focus on investing through first lien (including unitranche) loans, often with a corresponding equity investment. The Company's investment activities are managed by its investment adviser, Stellus Capital Management. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the "Public (SCIC)" link.FORWARD-LOOKING STATEMENTSStatements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.Contacts
Stellus Capital Investment Corporation
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
thuskinson@stelluscapital.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-investment-corporation-announces-0-34-second-quarter-2026-regular-dividend-payable-monthly-in-increments-of-0-1133-in-may-june-and-july-2026--302742458.htmlSOURCE Stellus Capital Investment Corporation

Original: Stellus Capital Investment Corporation Announces $0.34 Second Quarter 2026 Regular Dividend, Payable Monthly in Increments of $0.1133 in May, June, and July 2026

Stellus Capital Investment Corporation Reports Results for its Fourth Fiscal Quarter and Year Ended December 31, 2025March 11, 2026 4:52 PM
PR Newswire (US)

HOUSTON, March 11, 2026 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fiscal quarter and year ended December 31, 2025.







Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended December 31, 2025, in which we earned both U.S. GAAP net and core investment income of $0.29 per share and net realized income of $0.48 per share. During the quarter, we funded $52 million of investments and received $54 million of repayments, resulting in a total portfolio of $1.01 billion at fair value. I'm also pleased to report that our investors have received a total of $333 million in distributions, equivalent to $18.27 per share, since we began operations."FINANCIAL HIGHLIGHTS
($ in millions, except data relating to per share amounts and shares outstanding)
Three Months Ended
Years Ended
December 31, 2025
December 31, 2024
December 31, 2025
December 31, 2024
AmountPer Share
AmountPer Share
AmountPer Share
AmountPer ShareNet investment income$8.40$0.29
$9.64$0.35
$36.88$1.30
$41.93$1.64Core net investment income(1)8.530.29
10.150.37
38.461.36
43.741.71Net realized gain (loss) on investments5.490.19
5.950.22
1.540.05
(15.74)(0.62)Net realized loss on foreign currency translation(0.01)—
(0.02)—
(0.07)—
(0.09)—Loss on debt extinguishment(0.06)-
——
(0.23)(0.01)
——Total realized income(2)$13.82$0.48
$15.57$0.57
$38.12$1.34
$26.10$1.02Distributions(11.58)(0.40)
(10.90)(0.40)
(45.46)(1.60)
(41.22)(1.61)Net unrealized change in (depreciation) appreciation    
on investments(8.61)(0.30)
(6.86)(0.25)
(11.10)(0.39)
19.570.76Net unrealized change in depreciation on foreign
currency translation——
(0.02)—
0.03—
(0.02)—Benefit for taxes on unrealized depreciation on
investments in taxable subsidiaries——
——
——
0.190.01Net increase in net assets resulting from operations$5.21$0.18
$8.69$0.32
$27.05$0.95
$45.84$1.79Weighted average shares outstanding
28,947,254

27,174,972

28,364,809

25,596,593

(1)Core net investment income, as presented, excludes the impact of capital gains incentive fees (reversal) and income taxes, the majority of which are excise taxes. The Company believes presenting core net investment income and the related per share amount is a useful supplemental disclosure for analyzing its financial performance. However, core net investment income is a non-U.S. GAAP measure and should not be considered as a replacement for net investment income and other earnings measures presented in accordance with U.S. GAAP. A reconciliation of net investment income in accordance with U.S. GAAP to core net investment income is presented in the table below the financial statements.                           (2)Total realized income is the sum of net investment income, net realized gains (losses) on investments, net realized gains (losses) on foreign currency, and losses on debt extinguishment, all U.S. GAAP measures. PORTFOLIO ACTIVITY
($ in millions, except data relating to per share amounts, shares outstanding, and number of portfolio companies)

As of
As of





December 31, 2025
December 31, 2024



Investments at fair value
$1,007.6
$953.5



Total assets
$1,041.3
$980.9



Net assets
$371.2
$369.9



Shares outstanding
28,947,254
27,481,118



Net asset value per share
$12.82
$13.46














Three Months Ended
Years Ended

December 31, 2025
December 31, 2024
December 31, 2025
December 31, 2024New investments
$52.1
$17.8
$194.1
$221.2Repayments of investments
(54.0)
(15.5)
(139.7)
(151.8)Net activity
($1.9)
$2.3
$54.4
$69.4










As of
As of





December 31, 2025
December 31, 2024



Number of portfolio company investments   
115
105



Number of debt investments
100
92












Weighted average yield of debt and other
income producing investments (3)







Cash
8.5 %
9.5 %



Payment-in-kind ("PIK")
0.5 %
0.4 %



Fee amortization
0.3 %
0.4 %



Total
9.3 %
10.3 %












Weighted average yield of total
investments(4)







Cash
7.9 %
8.9 %



PIK
0.5 %
0.4 %



Fee amortization
0.3 %
0.4 %



Total
8.7 %
9.7 %





(3)The dollar-weighted average annualized effective yield is computed using the effective interest rate for our debt investments and other income producing investments, including cash and PIK interest, as well as the accretion of deferred fees. The individual investment yields are then weighted by the respective cost of the investments (as of the date presented) in calculating the weighted average effective yield of the portfolio. The dollar-weighted average annualized yield on the Company's investments for a given period will generally be higher than what investors in the Company's common stock would realize in a return over the same period because the dollar-weighted average annualized yield does not reflect the Company's expenses or any sales load that may be paid by investors.(4)The dollar-weighted average yield on total investments takes the same yields as calculated in the footnote above but weights them to determine the weighted average effective yield as a percentage of the Company's total investments, including non-income producing equity positions and debt investments on non-accrual status.Results of OperationsInvestment income for the three months ended December 31, 2025 and 2024 totaled $25.2 million and $25.6 million, respectively, most of which was interest income from portfolio investments.Gross operating expenses for the three months ended December 31, 2025 and 2024 totaled $17.5 million and $16.2 million, respectively. For the same respective periods, base management fees totaled $4.5 million and $3.9 million, income incentive fees totaled $1.9 million and $2.6 million, fees and expenses related to our borrowings totaled $9.0 million and $8.0 million (including interest and amortization of deferred financing costs), administrative expenses totaled $0.6 million and $0.5 million, income tax totaled $0.2 million and $0.4 million and other expenses totaled $1.3 million and $0.8 million. The Company waived $0.7 million and $0.0 million of income incentive fees due to the total return limitation pursuant to the provisions of the Investment Advisory Agreement between the Company and the Advisor (as defined below) for the three months ended December 31, 2025 and 2024, respectively, for net operating expenses of $16.8 million and $16.2 million, respectively.Net investment income was $8.4 million and $9.6 million, or $0.29 and $0.35 per common share based on 28,947,254 and 27,174,972 weighted average common shares outstanding for the three months ended December 31, 2025 and 2024, respectively. Core net investment income, which is a non-U.S. GAAP measure that excludes capital gains incentive fees (reversals) and income tax expense accruals, for the three months ended December 31, 2025 and 2024 was $8.5 million and $10.1 million, or $0.29 and $0.37 per share, respectively.For the three months ended December 31, 2025 and 2024, the Company's investment portfolio had a net change in unrealized depreciation of ($8.6) million and ($6.9) million, respectively, and the Company had net realized gains of $5.5 million and $6.0 million, respectively.Net increase in net assets resulting from operations totaled $5.2 million and $8.7 million, or $0.18 and $0.32 per common share, based on 28,947,254 and 27,174,972 weighted average common shares outstanding for the three months ended December 31, 2025 and 2024, respectively.Liquidity and Capital ResourcesAs of December 31, 2025, the Company's amended senior secured revolving credit agreement with certain bank lenders and Zions Bancorporation, N.A. dba Amegy Bank, as administrative agent (as amended from time to time, the "Credit Facility") provided for borrowings in an aggregate amount of up to $335.0 million on a committed basis. As of December 31, 2025 and December 31, 2024, the Credit Facility had an accordion feature which allowed for potential future expansion of the facility size up to $365.0 million and $350.0 million, respectively.On December 31, 2025, we prepaid the remaining $50.0 million in aggregate principal of the 4.875% fixed-rate notes due 2026 in full.As of December 31, 2025 and December 31, 2024, the Company had $236.6 million and $175.4 million in outstanding borrowings under the Credit Facility, respectively.DistributionsFor both the three months ended December 31, 2025 and 2024, the Company declared aggregate distributions of $0.40 per share for both periods ($11.6 million and $10.9 million in the aggregate, respectively). Tax characteristics of all distributions are reported to stockholders on Form 1099-DIV. Approximately $0.0 million of the dividends declared in 2025 are expected to be characterized as long-term capital gains. None of these dividends are expected to include a return of capital.Recent Portfolio ActivityThe Company invested in the following portfolio companies during the three months ended December 31, 2025:Activity Type
Date
Company Name
Company Description
Investment Amount
 Instrument TypeAdd-On Investment
October 1, 2025
The Hardenbergh Group, Inc.*
Provider of patient safety, clinical risk mitigation, and healthcare
compliance solutions
$500,000
Senior Secured?–?First LienAdd-On Investment
October 2, 2025
J.R. Watkins, LLC*
Manufacturer and distributor of home and personal care products
$225,000
Priority Revolver CommitmentAdd-On Investment
October 3, 2025
EH Real Estate Services, LLC*
Offers residential property brokerage, title & settlement, and
property and casualty insurance brokerage services to home buyers
and sellers
$183,470
Senior Secured?–?First LienNew Investment
October 17, 2025
Fidus Systems Inc.
Provider of outsourced electronic product development and
engineering services
$4,759,099
Senior Secured?–?First Lien







$3,172,733
Delayed Draw Term Loan Commitment







$100,000
Revolver Commitment







$267,728
EquityAdd-On Investment
October 22, 2025
Recharged Opco, LLC*
Provider of residential electrical services
$120,000
Priority Revolver CommitmentAdd-On Investment
October 27, 2025
Channel Partners Intermediateco, LLC*
Provider of outsourced marketing services
$35,175
Revolver CommitmentAdd-On Investment
November 6, 2025
Mobotrex Acquisition, LLC*
Distributor and manufacturer of intelligent traffic solution
equipment
$3,523,787
Senior Secured?–?First Lien







$1,549,698
Delayed Draw Term Loan Commitment







$73,776
Revolver CommitmentAdd-On Investment
November 6, 2025
Ad.Net Acquisition, LLC*
A digital marketing company that targets high-conversion
consumers through cost-per-click digital media advertising
$1,896,568
Senior Secured?–?First Lien







$85,027
EquityAdd-On Investment
November 12, 2025
EH Real Estate Services, LLC*
Offers residential property brokerage, title & settlement, and
property and casualty insurance brokerage services to home buyers
and sellers
$228,112
Senior Secured?–?First LienAdd-On Investment
November 19, 2025
SP L2 Holdings LLC*
Provider of premium in-pool and backyard furniture
$14,832
EquityAdd-On Investment
December 3, 2025
BC Partners Glengarry Co-Investment
LP*
Provider of business-to-business account based marketing services
$10,197
EquityNew Investment
December 3, 2025
Pure Upper Holdco LLC
Environmental and ambulatory cleaning services for healthcare
facilities
$10,000,000
Senior Secured?–?First Lien







$1,000,000
Delayed Draw Term Loan Commitment







$100,000
Revolver Commitment







$246,667
EquityAdd-On Investment
December 5, 2025
Venbrook Buyer, LLC*
An independent insurance services broker
$471,156
Senior Secured?–?First LienAdd-On Investment
December 15, 2025
SP CS Holdings LLC*
Provider of product testing and consumer insights
$127,174
EquityAdd-On Investment
December 15, 2025
Recharged Opco, LLC*
Provider of residential electrical services
$42,500
Priority Revolver CommitmentAdd-On Investment
December 17, 2025
Carolina Topco Holdings, LP*
National commercial surface care and restoration company
$116,033
EquityNew Investment
December 18, 2025
Pilot Power Group Acquisition, Inc.
Managed energy procurement and energy advisory services
$12,000,000
Senior Secured?–?First Lien







$366,868
EquityAdd-On Investment
December 22, 2025
Solid Surface Holdco, LLC*
National commercial surface care and restoration company
$38,000
Revolver CommitmentNew Investment
December 23, 2025
Valor Buyco, LLC
Provider of dispatched road services
$6,000,000
Senior Secured?–?First Lien







$100,000
Delayed Draw Term Loan Commitment







$100,000
Revolver Commitment







$430,556
EquityAdd-On Investment
December 31, 2025
Venbrook Buyer, LLC*
An independent insurance services broker
$942,301
Senior Secured?–?First LienAdd-On Investment
December 31, 2025
FairWave Holdings, LLC*
Specialty coffee platform
$103,720
Senior Secured?–?First Lien







$579,226
Delayed Draw Term Loan Commitment*Existing portfolio company The Company realized investments in the following portfolio companies during the three months ended December 31, 2025:Activity Type
Date
Company Name
Company Description
Proceeds Received
Realized Gain (Loss)
 Instrument TypeFull Repayment
October 25, 2025
Heartland Business Systems, LLC
End-to-end information
technologies solutions provider
$9,725,000
$—
Senior Secured?–?First Lien







$48,875
$—
Delayed Draw Term Loan







$824,743
$656,088
EquityFull Repayment
November 3, 2025
NuSource Financial Acquisition, Inc.
Provider of technology integration
and installation of teller machines,
maintenance services, and security
solutions
$7,009,391
$—
UnsecuredFull Realization






$1,066,715
$1,066,715
WarrantsFull Repayment
December 3, 2025
Xanitos, Inc.
Environmental and ambulatory
cleaning services for healthcare
facilities
$12,256,000
$—
Senior Secured?–?First Lien







$2,159,481
$—
Delayed Draw Term Loan







$2,756,526
$1,703,048
EquityFull Repayment
December 5, 2025
Unicat Catalyst Holdings, LLC
Manufacturer and distributor of
catalysts and other industrial
products
$6,703,125
$—
Senior Secured?–?First LienFull Realization
December 8, 2025
EHI Buyer, Inc.
Provider of design, engineering,
installation, and maintenance
services for building management
systems
$1,526,922
$1,305,158
Equity*Existing portfolio companyEvents Subsequent to December 31, 2025The Company's management has evaluated subsequent events through March 11, 2026. There have been no subsequent events that require recognition or disclosure except for the following described below.Investment PortfolioThe Company invested in the following portfolio companies subsequent to December 31, 2025:Activity Type
Date
Company Name
Company Description
Investment Amount
 Instrument TypeAdd-On Investment
January 2, 2026
Bart & Associates, LLC*
Provider of content, information, tech-enabled
services, and hosts competitions for the U.S. equine
industry
$2,000,000
Senior Secured?–?First Lien







$43,413
EquityNew Investment
January 9, 2026
Silver Parent, LLC
Senior-care focused placement platform
$7,130,301
Senior Secured?–?First Lien







$100,000
Revolver Commitment







$498,641
EquityAdd-On Investment
January 15, 2026
GRC Java Holdings, LLC*
Specialty coffee platform
$42,783
EquityAdd-On Investment
January 20, 2026
EH Real Estate Services, LLC*
Offers residential property brokerage, title &
settlement, and property and casualty insurance
brokerage services to home buyers
and sellers
$380,186
Senior Secured?–?First LienAdd-On Investment
January 21, 2026
evolv Holdco, LLC*
Digital transformation consulting firm
$8,036
EquityAdd-On Investment
February 2, 2026
BI Investors, LLC*
Provider of center-based applied behavioral analysis
therapy services
$5,743
EquityAdd-On Investment
February 3, 2026
Green Topco Holdings, LLC*
Cyber-security focused value-added reseller and
associated service provider
$16,598
EquityAdd-On Investment
February 3, 2026
Venbrook Buyer, LLC*
An independent insurance services broker
$628,201
Senior Secured?–?First LienAdd-On Investment
February 6, 2026
SP MWM Holdco LLC*
Provider of test and measurement services and
equipment
$194,667
EquityAdd-On Investment
February 18, 2026
EH Real Estate Services, LLC*
Offers residential property brokerage, title &
settlement, and property and casualty insurance
brokerage services to home buyers
and sellers
$190,093
Senior Secured?–?First LienAdd-On Investment
February 25, 2026
Venbrook Buyer, LLC*
An independent insurance services broker
$1,256,415
Senior Secured?–?First LienAdd-On Investment
March 3, 2026
EH Real Estate Services, LLC*
Offers residential property brokerage, title &
settlement, and property and casualty insurance
brokerage services to home buyers
and sellers
$190,093
Senior Secured?–?First LienNew Investment
March 3, 2026
Precision Strategies, LLC
Strategic communications and marketing agency
$6,176,011
Senior Secured?–?First Lien







$100,000
Revolver CommitmentNew Investment
March 6, 2026
Synergy Health Partners
Provider of orthopedic and musculoskeletal care
$4,000,000
Senior Secured?–?First Lien







$500,000
Delayed Draw Term Loan Commitment







$100,000
Revolver Commitment







$136,634
Equity*Existing portfolio companyThe Company realized investments in the following portfolio companies subsequent to December 31, 2025:Activity Type
Date
Company Name
Company Description
Proceeds Received
Realized Gain
 Instrument TypeFull Repayment
January 30, 2026
Luxium Solutions, LLC
Manufacturer and distributor of
high-performance advanced
materials and assemblies
$8,169,324
$—
Senior Secured?–?First Lien







$1,182,247
$—
Delayed Draw Term LoanFull Repayment
January 30, 2026
Camp Profiles LLC
Provider of digital marketing
services to small and medium-sized
businesses
$12,041,875
$—
Senior Secured?–?First LienFull Realization






$969,138
$719,138
EquityFull Repayment
February 3, 2026
Arctiq, Inc.
Cyber-security focused value-added
reseller and associated service
provider
$12,202,671
$—
Senior Secured?–?First Lien







$399,965
$—
Delayed Draw Term LoanCredit Facility The outstanding balance under the Credit Facility as of March 11, 2026 was $253.9 million.SBA-guaranteed debenturesOn February 27, 2026, the SBIC I subsidiary repaid all principal and accrued interest related to SBA-guaranteed debentures maturing on March 1, 2026. The outstanding balance of SBA-guaranteed debentures as of March 11, 2026 was $260.0 million.Distributions DeclaredOn January 16, 2026, the Board of Directors of the Company declared a regular monthly dividend for each of January 2026, February 2026, and March 2026 as follows:

Ex-Dividend
Record
Payment
Amount perDeclared
Date
Date
Date
Share1/16/2026
1/30/2026
1/30/2026
2/13/2026
$0.11331/16/2026
2/27/2026
2/27/2026
3/13/2026
$0.11331/16/2026
3/31/2026
3/31/2026
4/15/2026
$0.1133Acquisition of Stellus Capital ManagementOn February 5, 2026, we announced that Stellus Capital Management entered into a definitive agreement with P10 Intermediate Holdings, LLC, an affiliate of Ridgepost Capital, Inc. (formerly known as P10, Inc.) ("Ridgepost"), pursuant to which Ridgepost will acquire Stellus Capital Management, our external investment adviser (the "Transaction").Pursuant to the terms of the Transaction, Stellus Capital Management will continue to be managed by its current partners, who will retain control of its day-to-day operations, including investment decisions and investment committee processes, and Stellus Capital Management will continue to serve as our external investment adviser. Consummation of the Transaction will result in a change of control of Stellus Capital Management, which will result in an assignment and corresponding termination of the Investment Advisory Agreement under the 1940 Act. Our Board and stockholders will therefore be asked to approve a new investment advisory agreement with Stellus Capital Management (the "New Investment Advisory Agreement"), the terms of which are expected to remain the same as the Investment Advisory Agreement, other than the initial term of the New Investment Advisory Agreement. Closing of the Transaction is expected to occur mid-2026 and is subject to customary conditions for a transaction of this nature. If approved, the New Investment Advisory Agreement will take effect following the closing of the Transaction.Stellus Capital Investment Corporation Adopts Stock Repurchase ProgramToday the Company announced that its board of directors has authorized a program for the purpose of repurchasing up to $20.0 million of its shares of common stock, par value $0.001 (the "Repurchase Program"). Under the Repurchase Program, the Company may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that the Company complies with the prohibitions under its Code of Ethics and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended, including certain price, market volume and timing constraints. Unless amended or extended by the Company's board of directors, the Company expects the Repurchase Program to be in place until the earlier of March 2, 2027 or until $20.0 million of the Company's outstanding shares of common stock have been repurchased.The Company's board of directors authorized the Repurchase Program because it believes the sustained market volatility and uncertainty may cause the Company's common stock to be undervalued from time to time. The timing and number of shares to be repurchased will depend on a number of factors, including market conditions and alternative investment opportunities. In addition, any repurchases will be conducted in accordance with the Investment Company Act of 1940, as amended. The Company has not yet been active in the Repurchase Program and there are no assurances that it will engage in repurchases, but if market conditions warrant, the Company now has the ability to take advantage of situations where the Company's management believes share repurchases would be advantageous to the Company and to its shareholders.Conference Call InformationStellus Capital Investment Corporation will host a conference call to discuss these results on Thursday, March 12, 2026 at 10:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary.For those wishing to participate by telephone, please dial (888) 506-0062. Use passcode 401700. Starting approximately two hours after the conclusion of the call, a replay will be available through Friday, March 20, 2026 by dialing (877) 481-4010 and entering passcode 53704. The replay will also be available on the Company's website.For those wishing to participate via Live Webcast, connect via the Public (SCIC) section of our website at www.stelluscapital.com, under the Events tab. A replay of the conference will be available on our website for approximately 90 days.About Stellus Capital Investment CorporationThe Company is an externally managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private lower middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) with a focus on investing through first lien (including unitranche) loans, often with a corresponding equity investment. The Company's investment activities are managed by its investment adviser, Stellus Capital Management. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the "Public (SCIC)" tab.Forward-Looking StatementsStatements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.ContactsStellus Capital Investment Corporation
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.com STELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES






December 31, 2025
December 31, 2024ASSETS





Controlled investments at fair value (amortized cost of $33,603,521 and $17,934,808,
respectively)
$14,953,132
$7,652,436Non-controlled, affiliated investments, at fair value (amortized cost of $4,806,660)

3,750,674

—Non-controlled, non-affiliated investments, at fair value (amortized cost of $987,729,505
and $943,853,898, respectively)

988,919,589

945,845,252Cash and cash equivalents

25,050,156

20,058,594Receivable for sales and repayments of investments

581,509

335,689Interest receivable

6,375,996

4,947,765Income tax receivable

1,385,387

1,301,965Other receivables

85,000

87,995Related party receivable

20

3,687Prepaid expenses

150,843

666,866Total Assets
$1,041,252,306
$980,900,249LIABILITIES





Notes Payable
$122,671,409
$99,444,355Credit Facility payable

233,167,360

172,314,315SBA-guaranteed debentures

295,984,063

321,251,939Dividends payable

3,858,669

3,663,233Management fees payable

4,442,705

4,034,109Income incentive fees payable

2,317,429

3,109,560Interest payable

6,138,076

5,281,343Unearned revenue

582,007

548,626Administrative services payable

539,338

393,513Other accrued expenses and liabilities

372,294

937,316Total Liabilities
$670,073,350
$610,978,309Commitments and contingencies (Note 7)





Net Assets
$371,178,956
$369,921,940NET ASSETS





Common stock, par value $0.001 per share (100,000,000 shares authorized; 28,947,254
and 27,481,118 shares issued and outstanding, respectively)
$28,947
$27,481Paid-in capital

397,829,793

379,549,272Total distributable loss

(26,679,784)

(9,654,813)Net Assets
$371,178,956
$369,921,940Total Liabilities and Net Assets
$1,041,252,306
$980,900,249Net Asset Value Per Share
$12.82
$13.46 STELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONS


For the years ended

December 31, 2025
December 31, 2024
December 31, 2023INVESTMENT INCOME








From controlled investments:








Interest income
$—
$81,636
$37,897From non-controlled, affiliated investments








Interest income
$8,990
$—
$—Payment-in-kind interest income

217,434

—

—From non-controlled, non-affiliated investments








Interest income
$91,999,416
$96,494,073
$98,177,254Payment-in-kind interest income

5,538,838

3,310,111

3,801,637Other income

4,374,272

4,850,313

3,830,780Total Investment Income
$102,138,950
$104,736,133
$105,847,568OPERATING EXPENSES








Management fees
$17,178,177
$15,698,129
$15,452,347Valuation fees

407,358

380,239

373,628Administrative services expenses

2,134,816

1,916,283

1,908,191Income incentive fees

8,393,139

10,045,966

10,189,888Capital gains incentive fee (reversal)

—

—

(569,528)Professional fees

1,940,744

1,190,232

1,455,372Directors' fees

409,000

412,000

406,000Insurance expense

396,862

499,913

492,596Interest expense and other fees

34,943,265

31,506,068

32,011,317Income tax expense

1,580,338

1,808,838

1,333,452Other general and administrative expenses

1,182,690

1,175,765

891,170Total Operating Expenses
$68,566,389
$64,633,433
$63,944,433Income incentive fee waiver

(3,310,981)

(1,826,893)

(307,442)Total Operating Expenses, net of fee waivers
$65,255,408
$62,806,540
$63,636,991Net Investment Income
$36,883,542
$41,929,593
$42,210,577Net realized loss on controlled investments
$(1,132,576)
$—
$—Net realized loss on non-controlled, affiliated investments

(6,314,327)

—

—Net realized gain (loss) on non-controlled, non-affiliated investments

8,977,487

(15,737,004)

(30,211,467)Net realized loss on foreign currency translations

(68,844)

(94,730)

(112,481)Loss on debt extinguishment

(226,095)

—

—Net change in unrealized appreciation (depreciation) on controlled investments

4,395,102

826,772

(430,577)Net change in unrealized appreciation on non-controlled, affiliated investments

4,140,601

—

—Net change in unrealized (depreciation) appreciation on non-controlled, non-affiliated
investments

(19,642,634)

18,743,637

3,222,729Net change in unrealized appreciation (depreciation) on foreign currency translations

33,073

(14,755)

(6,504)Benefit (provision) for taxes on net unrealized depreciation (appreciation) on
investments

—

188,893

(126,957)Benefit for taxes on net realized loss on investments

—

2,221

2,987,847Net Increase in Net Assets Resulting from Operations
$27,045,329

45,844,627

17,533,167Net Investment Income Per Share—basic and diluted
$1.30
$1.64
$1.92Net Increase in Net Assets Resulting from Operations Per Share?–?basic and
diluted
$0.95
$1.79
$0.80Weighted Average Shares of Common Stock Outstanding—basic and diluted

28,364,809

25,596,593

22,004,648Distributions Per Share—basic and diluted
$1.60
$1.61
$1.61 STELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS


Common Stock



Total




Number 
Par 
Paid-in 
distributable




of shares
value
capital
(loss) earnings
Net AssetsBalances as of December 31, 2022
19,666,769
$19,667
$275,114,720
$642,226
$275,776,613Net investment income
—

—

—

42,210,577

42,210,577Net realized loss on investments
—

—

—

(30,211,467)

(30,211,467)Net realized loss on foreign currency translation
—

—

—

(112,481)

(112,481)Net change in unrealized appreciation on investments
—

—

—

2,792,152

2,792,152Net change in unrealized depreciation on foreign currency translations
—

—

—

(6,504)

(6,504)Provision for taxes on unrealized appreciation on investments
—

—

—

(126,957)

(126,957)Benefit for taxes on realized loss on investments
—

—

—

2,987,847

2,987,847Return of capital and other tax related adjustments
—

—

(1,348,766)

1,348,766

—Distributions from net investment income
—

—

—

(35,080,734)

(35,080,734)Distributions from net realized capital gains
—

—

—

(446,746)

(446,746)Issuance of common stock, net of offering costs(1)
4,458,873

4,458

62,153,030

—

62,157,488Balances at December 31, 2023
24,125,642
$24,125
$335,918,984
$(16,003,321)
$319,939,788Net investment income
—

—

—

41,929,593

41,929,593Net realized loss on investments
—

—

—

(15,737,004)

(15,737,004)Net realized loss on foreign currency translation
—

—

—

(94,730)

(94,730)Net change in unrealized appreciation on investments
—

—

—

19,570,409

19,570,409Net change in unrealized depreciation on foreign currency translations
—

—

—

(14,755)

(14,755)Provision for taxes on unrealized appreciation on investments
—

—

—

188,893

188,893Benefit for taxes on realized loss on investments
—

—

—

2,221

2,221Return of capital and other tax related adjustments
—

—

(1,727,556)

1,727,556

—Distributions from net investment income
—

—

—

(40,679,308)

(40,679,308)Distributions from net realized capital gains
—

—

—

(544,367)

(544,367)Issuance of common stock, net of offering costs(1)
3,355,476

3,356

45,357,844

—

45,361,200Balances at December 31, 2024
27,481,118
$27,481
$379,549,272
$(9,654,813)
$369,921,940Net investment income
—

—

—

36,883,542

36,883,542Net realized gain on investments
—

—

—

1,530,584

1,530,584Net realized loss on foreign currency translation
—

—

—

(68,844)

(68,844)Loss on debt extinguishment
—

—

—

(226,095)

(226,095)Net change in unrealized depreciation on investments
—

—

—

(11,106,931)

(11,106,931)Net change in unrealized appreciation on foreign currency translations
—

—

—

33,073

33,073Return of capital and other tax related adjustments
—

—

(1,391,127)

1,391,127

—Distributions from net investment income
—

—

—

(45,461,427)

(45,461,427)Issuance of common stock, net of offering costs(1)
1,466,136

1,466

19,671,648

—

19,673,114Balances at December 31, 2025
28,947,254
$28,947
$397,829,793
$(26,679,784)
$371,178,956 STELLUS CAPITAL INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF CASH FLOWS











For the years ended

December 31, 2025
December 31, 2024
December 31, 2023Cash Flows from Operating Activities








Net increase in net assets resulting from operations
$27,045,329
$45,844,627
$17,533,167Adjustments to reconcile net increase in net assets from operations to net cash used in operating activities:








Purchases of investments

(194,071,248)

(221,154,933)

(183,858,762)Proceeds from sales and repayments of investments

139,652,991

151,834,875

134,223,224Net change in unrealized depreciation (appreciation) on investments

11,106,931

(19,570,409)

(2,792,152)Net change in unrealized (appreciation) depreciation on foreign currency translations

(33,073)

14,755

6,360Increase in investments due to payment-in-kind income

(5,756,272)

(3,310,111)

(3,799,843)Amortization of premium and accretion of discount, net

(2,891,683)

(2,715,802)

(2,749,543)Deferred tax (benefit) provision

—

(188,893)

126,957Amortization of loan structure fees

1,212,581

1,140,079

657,323Amortization of deferred financing costs

692,393

447,943

446,720Amortization of discount on Notes Payable

96,093

—

—Amortization of premium on Notes Payable

(29,855)

—

—Amortization of loan fees on SBA-guaranteed debentures

732,124

978,582

1,255,753Net realized (gain) loss on investments

(1,530,584)

15,737,004

30,211,467Loss on debt extinguishment

226,095

—

—Changes in other assets and liabilities








Increase in interest receivable

(1,428,231)

(65,427)

(897,929)(Increase) decrease in income tax receivable

(83,422)

286,743

(1,588,708)Decrease (increase) in other receivables

2,995

(45,000)

(8,750)Decrease (increase) in related party receivables

3,667

(3,687)

—Decrease (increase) in prepaid expenses

516,023

(60,192)

60,593Increase (decrease) in management fees payable

408,596

1,115,573

(4,231,871)(Decrease) increase in income incentive fees payable

(792,131)

224,380

420,772Decrease in capital gains incentive fees payable

—

—

(569,528)Increase (decrease) in administrative services payable

145,825

(8,638)

45,232Increase in interest payable

856,733

40,179

600,323Decrease in related party payable

—

—

(1,060,321)Increase in unearned revenue

33,381

150,901

77,050Decrease in income tax payable

—

—

(1,175,373)(Decrease) increase in other accrued expenses and liabilities

(565,022)

658,971

(197,248)Net Cash Used in Operating Activities
$(24,449,764)
$(28,648,480)
$(17,265,087)Cash Flows from Financing Activities








Proceeds from the issuance of common stock
$20,588,960
$46,494,756
$63,348,436Sales load for common stock issued

(308,998)

(698,166)

(943,248)Offering costs paid for common stock issued

(606,848)

(428,078)

(253,913)Stockholder distributions paid

(45,265,991)

(37,560,442)

(35,527,480)Proceeds from issuance of Notes Payable

124,877,750

—

—Repayment of Notes Payable

(100,060,870)

—

—Financing costs paid on Notes Payable

(2,574,553)

—

—Repayments of SBA-guaranteed debentures

(26,000,000)

—

11,400,000Financing costs paid on SBA-guaranteed debentures

—

—

(277,590)Financing costs paid on Credit Facility

(1,622,524)

(691,137)

(2,663,106)Borrowings under Credit Facility

300,550,000

187,900,000

108,400,000Repayments of Credit Facility

(240,135,600)

(172,435,600)

(148,135,600)Net Cash Provided (Used) by Financing Activities
$29,441,326
$22,581,333
$(4,652,501)Net Increase (Decrease) in Cash and Cash Equivalents
$4,991,562
$(6,067,147)
$(21,917,588)Cash and Cash Equivalents Balance at Beginning of Period

20,058,594

26,125,741

48,043,329Cash and Cash Equivalents Balance at End of Period
$25,050,156
$20,058,594
$26,125,741Supplemental and Non-Cash Activities








Cash paid for interest expense
$31,383,195
$28,899,285
$29,051,198Income and excise tax paid

1,663,760

1,808,838

2,508,825Exchange of investments

1,663,301

8,256,411

3,610,846 Reconciliation of Core Net Investment Income(1)(Unaudited)


Three Months Ended
Years Ended

December 31, 2025
December 31, 2024
December 31, 2025
December 31, 2024Net investment income
$8,398,065
$9,641,326
$36,883,542
$41,929,593Income tax expense
136,154
503,890
1,580,338
1,808,838Core net investment income
$8,534,219
$10,145,216
$38,463,880
$43,738,431








Per share amounts:







Net investment income per share
$0.29
$0.35
$1.30
$1.64Core net investment income per share
$0.29
$0.37
$1.36
$1.71 Reconciliation of Realized Net Investment Income(2)(Unaudited)


Three Months Ended
Years Ended

December 31, 2025
December 31, 2024
December 31, 2025
December 31, 2024Net investment income
$8,398,065
$9,641,326
$36,883,542
$41,929,593Net realized gain (loss) on investments
5,490,677
5,952,860
1,530,584
(15,737,004)Net realized loss on foreign currency translation
(9,764)
(17,740)
(68,844)
(94,730)Benefit for taxes on net realized loss on
investments
—
—
—
2,221Loss on debt extinguishment
(61,333)
—
(226,095)
—Total realized net investment income
$13,817,645
$15,576,446
$38,119,187
$26,100,080








Per share amounts:







Net investment income per share
$0.29
$0.35
$1.30
$1.64Realized net investment income per share
$0.48
$0.57
$1.34
$1.02 



View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-investment-corporation-reports-results-for-its-fourth-fiscal-quarter-and-year-ended-december-31-2025-302711501.htmlSOURCE Stellus Capital Investment Corporation

Original: Stellus Capital Investment Corporation Reports Results for its Fourth Fiscal Quarter and Year Ended December 31, 2025

Stellus Capital Investment Corporation Schedules 2025 Fourth Quarter and Annual Financial Results Conference CallFebruary 26, 2026 7:05 PM
PR Newswire (US)

HOUSTON, Feb. 26, 2026 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the fourth quarter and year ended December 31, 2025 on Wednesday, March 11, 2026 after the close of the stock market.







Stellus Capital Investment Corporation will host a conference call to discuss these results on Thursday, March 12, 2026 at 10:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary.Conference Call DetailsVia Phone: Dial 888-506-0062 (domestic). Use passcode 401700. Starting approximately two hours after the conclusion of the call, a replay will be available through Friday, March 20, 2026 by dialing 877-481-4010 and entering passcode 53704.Via Live Webcast: Connect via the Public Company (SCIC) section of our website at www.stelluscapital.com, under the Events tab. A replay of the conference will be available on our website for approximately 90 days.About Stellus Capital Investment CorporationThe Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) with a focus on investing through first lien (including unitranche) loans, often with a corresponding equity investment. The Company's investment activities are managed by its investment adviser, Stellus Capital Management, LLC. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the Stellus Capital Investment Corporation link.FORWARD-LOOKING STATEMENTSStatements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.Contacts
Stellus Capital Investment Corporation
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
thuskinson@stelluscapital.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-investment-corporation-schedules-2025-fourth-quarter-and-annual-financial-results-conference-call-302699128.htmlSOURCE Stellus Capital Investment Corporation

Original: Stellus Capital Investment Corporation Schedules 2025 Fourth Quarter and Annual Financial Results Conference Call