Phoenix Financial Ltd. - 10 May 2023 Form 4 Insider Report for Stellus Private Credit BDC

Role
10%+ Owner
Signature
/s/ Moni Feller, Director, /s/ Alex Shchuchensky, CPA
Issuer symbol
N/A
Transactions as of
10 May 2023
Net transactions value
$0
Form type
4
Filing time
22 May 2023, 06:05:59 UTC
Previous filing
10 May 2023
Next filing
16 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common shares Other +339,316 339,316 10 May 2023 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 10, 2023, the Issuer issued 339,316 shares of Common Stock to the Reporting Person pursuant to an Immediate Share Issuance Agreement between the Issuer and the Reporting Person and the Reporting Person was obligated to make a capital contribution of $5,000,000 to the Issuer.
F2 Holds interests of Stellus Private Credit BDC in Stellus Private Credit BDC Feeder LP. The ordinary shares are owned directly by Phoenix Invest Direct Lending LP., which is a wholly-owned subsidiary of the Reporting Person. The Reporting Person is an indirect beneficial owner of the reported securities.