Stellus Capital Investment Corp (SCM): Entry into a Material Definitive Agreement
Stellus Capital Investment Corp (SCM) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 tm2618361d1_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 Execution Version INVESTMENT ADVISORY AGREEMENT BETWEEN STELLUS CAPITAL INVESTMENT CORPORATION AND STELLUS CAPITAL MANAGEMENT, LLC AGREEMENT, dated as of June 22, 2026, between Stellus Capital Investment Corporation, a Ma
How this was made
The 30-second read
Why it matters
The disclosed agreement sets adviser responsibilities for portfolio management and outlines expense reimbursement and cost allocation between the corporation and its adviser; the excerpt does not show the specific fee schedule or incentive economics.
Market read
Traders may treat this as a structural update that could affect SCM’s expense/fee run-rate, but the excerpt lacks the specific economic terms needed to gauge magnitude.
What to watch
Key terms likely reside in sections not included here (e.g., advisory fee rates, expense allocation specifics, term/termination, and any performance-based components).
Background
The article is an SEC EDGAR 8-K for Stellus Capital Investment Corp (SCM) reporting entry into a material definitive agreement, with Exhibit 10.1 as an investment advisory agreement dated June 22, 2026.
Ticker impact
Stellus Capital Investment Corp filed an 8-K disclosing entry into a new investment advisory agreement with its adviser dated June 22, 2026.
Likely limited near-term price impact unless the agreement includes material fee or incentive changes not shown in the excerpt.
The provided text is largely boilerplate describing adviser duties and expense reimbursement; it does not include specific fee rates, incentive terms, or effective-date/termination details.
Market effects
Business development companies may periodically update adviser agreements; this is more of a structural/legal update than a sector catalyst.
None indicated.
None indicated.
Counterpoint
Even if the excerpt is boilerplate, the full exhibit may contain fee/incentive changes that could be economically meaningful; traders should verify Section 6 and any incentive provisions.
Key entities
- public_companyStellus Capital Investment Corporation
Subject of the 8-K; a business development company regulated under the Investment Company Act of 1940.
- adviserStellus Capital Management, LLC
The adviser entering the investment advisory agreement to provide investment advisory services to the corporation.
