Stellus Capital Investment Corporation (NYSE:SCM) Files An 8-K Submission of Matters to a Vote of Security Holders

Stellus Capital Investment Corporation (NYSE:SCM) Files An 8-K Submission of Matters to a Vote of Security Holders

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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 May 24, 2017 (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 Companys proxy statement dated April 10, 2017. As
of April 5, 2017, the record date for the Annual Meeting,
12,479,959 shares of common stock were eligible to be voted.

On May 24, 2017, the proposals were submitted to the vote of the
shareholders. Of the shares eligible to be voted, 7,574,687 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 Companys shareholders elected Joshua T. Davis, and Bruce R.
Bilger 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
Joshua T. Davis 6,762,039 380,579
Bruce R. Bilger 5,965,859 1,176,759

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 Companys
outstanding common stock at an offering price that is below the
Companys then current NAV per share was approved. The following
votes were taken in connection with this proposal:

Votes For Votes Against Abstentions
All Stockholders 6,182,974 580,053 379,587
All Stockholders Excluding Affiliates* 5,007,724 580,053 379,587

* Of the 12,479,959 shares of the Companys
common stock eligible to vote as of the record date for the
Annual Meeting, 11,304,709 shares of the Companys common stock
were held by persons or entities not affiliated with the Company.


About Stellus Capital Investment Corporation (NYSE:SCM)

Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. It invests in various sectors, such as business services, energy, general industrial, government services, healthcare, software and specialty finance. Its investment advisor is Stellus Capital Management, LLC (Stellus Capital Management). Stellus Capital Management is responsible for analyzing investment opportunities, conducting research and performing due diligence on investments, negotiating and structuring the Company’s investments, originating prospective investments, and monitoring its investments and portfolio companies on an ongoing basis.

Stellus Capital Investment Corporation (NYSE:SCM) Recent Trading Information

Stellus Capital Investment Corporation (NYSE:SCM) closed its last trading session down -0.01 at 14.30 with 65,703 shares trading hands.

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