8-K
Stellus Capital Investment Corp (SCM)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
**Date of report (Date of earliest event reported):**November 12, 2021 (November 12, 2021)
Stellus Capital Investment Corporation
(Exact Name of Registrant as Specified in Charter)
| Maryland | 814-00971 | 46-0937320 |
|---|---|---|
| (State or Other Jurisdiction<br><br> <br>of Incorporation) | (Commission<br><br> <br>File Number) | (I.R.S. Employer<br><br> <br>Identification No.) |
| 4400 Post Oak Parkway, Suite 2200<br><br>Houston, Texas | 77027 |
|---|---|
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, IncludingArea Code: (713) 292-5400
Not applicable
(Former Name or Former Address, if ChangedSince Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ¨ | Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ¨ | Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.001 per share | SCM | New York Stock Exchange |
| Indicate by check mark whether the registrant<br> is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the<br> Securities Exchange Act of 1934 (§240.12b-2 of this chapter).<br><br> <br><br><br> <br>Emerging<br> growth company ¨<br><br> <br><br><br> <br>If<br> an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying<br> with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ | ||
| --- |
Item 8.01 Other Events
On November 12, 2021, Stellus Capital Investment Corporation (the “Company”) announced that it is not proceeding with its previously announced public offering of 2,250,000 shares of its common stock, par value $0.001, due to current market conditions, which were not conducive to the completion of the offering on terms that would be in the best interest of the Company’s current shareholders.
Keefe, Bruyette & Woods, Inc., A StifelCompany; Wells Fargo Securities; Oppenheimer & Co. Inc.; and Goldman Sachs & Co. LLC were acting as joint book-running managers for this offering.
A registration statement relating to these shares was declared effective by the Securities and Exchange Commission on June 21, 2019 and remains effective.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: November 12, 2021 | Stellus Capital Investment Corporation | |
|---|---|---|
| By: | /s/ W. Todd Huskinson | |
| Name: W. Todd Huskinson | ||
| Title: Chief Financial Officer |