Brief: Stellus Capital Investment Corp - Co May, But Has No Obligation To, Issue And Sell, From Time To Time, Up To $50 Mln Shares Of Common Stock

Stellus Capital Investment

16/11/2021 14:37

Nov 16 (Reuters) - Stellus Capital Investment Corp  SCM.N :
    * STELLUS CAPITAL INVESTMENT CORP - CO MAY, BUT HAS NO
OBLIGATION
TO, ISSUE AND SELL, FROM TIME TO TIME, UP TO $50 MILLION SHARES
OF COMMON STOCK
    * STELLUS CAPITAL INVESTMENT CORP - TO ISSUE AND SELL
$50,000,000
PRICE OF SHARES TO KEEFE, BRUYETTE & WOODS, INC. AND RAYMOND
JAMES & ASSOCIATES INC
    * STELLUS CAPITAL INVESTMENT CORP - ON NOVEMBER 16, ENTERED
INTO
AN EQUITY DISTRIBUTION AGREEMENT
    * STELLUS CAPITAL INVESTMENT CORP - INTENDS TO USE NET
PROCEEDS
FROM AT--MARKET OFFERING TO REPAY CERTAIN OUTSTANDING
INDEBTEDNESS

Source text for Eikon:  ID: 
Further company coverage:  SCM.N 

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