{"url_path":"/sec/cik-0001901037/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1901037/0001104659-26-059217-index.html","accession_number":"0001104659-26-059217","cik":"0001901037","ticker":null,"issuer_name":"Stellus Private Credit BDC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1901037/0001104659-26-059217-index.html","primary_entity_key":"0001901037","primary_entity_name":"Stellus Private Credit BDC"},"word_count":133,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nFor the three months ended March 31, 2026, pursuant to capital commitments received, the Company issued 185,211 common shares of beneficial interest at a weighted average price of $15.21 for total proceeds of $2,829,000, which included the impact of $11,933 of organization expense allocation pursuant to subscription agreements entered into between the Company and investors.\n\nFor the three months ended March 31, 2026, the Company redeemed $5,431,365 pursuant to tender offers between the Company and select shareholders. The transaction resulted in the redemption of 357,092 common shares of beneficial interest at a price of $15.21 per share.\n\nThe Company issued 23,755 common shares of beneficial interest under the DRIP during the three months ended March 31, 2026 for total proceeds of $361,231."}