Stellus Capital Investment Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 20, 2025 (
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Item 5.07 Submission of Matters to a Vote of Security Holders.
Stellus Capital Investment Corporation (the “Company”) held its Annual Meeting of Shareholders on June 17, 2025 (the “Annual Meeting”). At the Annual Meeting, the Company submitted two proposals to the vote of the shareholders, which are described in detail in the Company’s proxy statement dated April 21, 2025. As of April 17, 2025, the record date for the Annual Meeting, 28,416,148 shares of common stock were eligible to be voted.
On June 17, 2025, the proposals were submitted to the vote of the shareholders. Of the shares eligible to be voted, 15,187,040 were voted in person or by proxy in connection with the proposals.
Each of the proposals submitted to a vote of the shareholders of the Company at the Annual Meeting was approved as follows:
Proposal 1: Election of Directors
The Company’s shareholders elected Dean D’Angelo and William C. Repko as directors to each serve for a three year term, or until their successors are duly elected and qualified. The following votes were taken in connection with this proposal:
Nominee | Total Votes For | Total Votes Withheld | ||||||
| Dean D’Angelo | 14,468,514 | 718,526 | ||||||
| William C. Repko | 13,693,643 | 1,493,396 | ||||||
Proposal 2: Issuance of Shares Below Net Asset Value
The proposal to authorize the Company, with the approval of the Board, to sell or otherwise issue up to 25% of the Company’s outstanding common stock at an offering price that is below the Company’s then current NAV per share was approved. The following votes were taken in connection with this proposal:
| Votes For | Votes Against | Abstentions | ||||||||||
| All Shareholders | 11,161,327 | 3,306,930 | 718,771 | |||||||||
| Votes For | Votes Against | Abstentions | ||||||||||
| Shareholders Without Affiliates | 10,028,907 | 3,306,930 | 718,771 | |||||||||
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: June 20, 2025 | Stellus Capital Investment Corporation | ||
| By: | /s/ W. Todd Huskinson | ||
| Name: | W. Todd Huskinson | ||
| Title: | Chief Financial Officer | ||