Business UpdateJun 22, 2026, 05:02 PM
Stellus Capital Investment Enters New Advisory Agreement
AI Summary
Stellus Capital Investment Corporation entered into a new investment advisory agreement with Stellus Capital Management, LLC on June 22, 2026. This agreement, previously approved by stockholders on June 16, 2026, maintains terms identical to the prior agreement, excluding the date and term. The new agreement became effective following the acquisition of Stellus Capital Management by Ridgepost Capital, LLC, and will continue for an initial two-year period.
Key Highlights
- New Investment Advisory Agreement entered into on June 22, 2026.
- Stockholders approved the new agreement on June 16, 2026.
- Terms are identical to the prior agreement, dated October 26, 2012.
- Agreement effective for an initial two-year period from June 22, 2026.
- Effectiveness triggered by acquisition of Advisor by Ridgepost Capital, LLC.
- Ridgepost Capital, Inc. is a NYSE-listed reporting company.
Price Impact