Tender Offer - Steele Creek Capital Corp
Form Type: SC TO-I/A
Filing Date: 2025-07-02
Corporate Action: Tender-offer
Type: Update
Accession Number: 000121390025060945
Filing Summary: Amendment No. 1 to the Tender Offer Statement under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934, filed by Steele Creek Capital Corporation, outlines the offer to purchase up to 594,379 shares of its common stock at a purchase price of $8.89 per share, equivalent to the Fund’s net asset value as of April 30, 2025. The tender offer expired on July 1, 2025, at 5:00 PM Eastern Time, with 36,824.017 shares validly tendered and not withdrawn. The total transaction valuation is $5,285,215, with a corresponding filing fee of $809.17. This document serves as a final amendment reporting the results of the tender offer initiated on May 30, 2025, setting the terms and conditions for the purchase of stock. The offer represents approximately 10% of the average number of shares outstanding over the previous 12 months. This amendment supplements and amends the initial filing made on May 30, 2025.
Additional details:
Transaction Valuation: 5285215
Amount Of Filing Fee: 809.17
Number Of Shares Tendered: 36824.017
Expiration Date: 2025-07-01
Price Per Share: 8.89
Form Type: SC TO-I
Filing Date: 2025-05-30
Corporate Action: Tender-offer
Type: New
Accession Number: 000121390025049114
Filing Summary: Steele Creek Capital Corporation has filed a Tender Offer Statement under Schedule TO, announcing its intention to purchase up to 594,379 shares of its common stock at a price of $8.89 per share, which is equal to its net asset value as of April 30, 2025. This represents 10% of the weighted average number of shares outstanding during the 12-month period ended March 31, 2025. The offer is expected to close on July 1, 2025. The principal office of Steele Creek is located in Charlotte, North Carolina. The filing includes important information such as the purpose of the offer, conditions of the offer, withdrawal rights, and potential effects on shareholders. There are no intended purchases of shares by directors or executive officers, which will increase the proportional holdings of other affiliates. This filing satisfies reporting requirements under the Securities Exchange Act of 1934.
Additional details:
Transaction Valuation: 5285215
Amount Of Filing Fee: 809.17
Number Of Shares: 594379
Price Per Share: 8.89
Expiration Date: 2025-07-01
Number Of Shares Outstanding: 5924150
Source Of Funds: Section 8 - Source and Amount of Funds
Plans Or Proposals: Section 2 - Purpose of the Offer; Certain Effects of the Offer; Plans or Proposals
Form Type: SC TO-I/A
Filing Date: 2025-04-01
Corporate Action: Tender-offer
Type: Update
Accession Number: 000121390025027084
Filing Summary: Steele Creek Capital Corporation has filed an amendment to their tender offer statement indicating an offer to purchase up to 605,818 shares of common stock at a price of $9.5137 per share, which is based on the net asset value as of January 31, 2025. The tender offer commenced on February 28, 2025, and expired on March 31, 2025. A total of 65,853.758 shares were validly tendered by shareholders. The filing includes the calculation of the filing fee, which amounts to $882.40 based on the transaction valuation of $5,763,571. This amendment updates information related to the initial tender offer filed on February 28, 2025, and confirms that this is a final amendment regarding the results of the tender offer.
Additional details:
Tender Offer Price: 9.5137
Transaction Valuation: 5763571
Amount Of Filing Fee: 882.4
Shares To Purchase: 605818
Expiration Date: 2025-03-31
Total Shares Tendered: 65853.758
Form Type: SC TO-I
Filing Date: 2025-02-28
Corporate Action: Tender-offer
Type: New
Accession Number: 000121390025018333
Filing Summary: Steele Creek Capital Corporation is initiating a tender offer to purchase up to 605,818 shares of its common stock, representing 10% of the weighted average shares outstanding for the 12-month period ending December 31, 2024, at a price of $9.5137 per share, which corresponds to the net asset value as of January 31, 2025. This offer will conclude on March 31, 2025. The company’s principal executive offices are located in Charlotte, North Carolina, and the contact person for this offer is Glenn Duffy, CEO. The filing includes details on the transaction valuation of $5,763,571 and associated filing fees. It is highlighted that none of the executive officers or directors intend to tender shares, which will subsequently increase the holdings of existing shareholders. The document aggregates terms, purposes, and background information concerning this issuer tender offer and is intended to comply with regulations under the Securities Exchange Act of 1934 and includes references to other relevant documents like the Offer to Purchase and Notice of Intent to Tender.
Additional details:
Common Stock Par Value: $0.001
Number Of Shares Offered: 605,818
Tender Offer Price: $9.5137
Transaction Valuation: $5,763,571
Filing Fee: $882.40
Expiration Date: 2025-03-31
Not Traded On Market: true
Shares Outstanding: 5,860,831
Form Type: SC TO-I/A
Filing Date: 2025-01-03
Corporate Action: Tender-offer
Type: Update
Accession Number: 000121390025000629
Filing Summary: Steele Creek Capital Corporation has filed an amendment to its Tender Offer Statement regarding the offer to purchase up to 620,480 shares of its common stock at a price equal to the net asset value of $9.5077 per share, as determined on October 31, 2024. This offer represents 10% of the weighted average number of shares outstanding during the 12-month period ending September 30, 2024, and is set to close on December 31, 2024. The filing states that as of the expiration date, 24,630.533 shares were validly tendered and not withdrawn, leading to the decision not to purchase any shares under the offer. The amendment serves to supplement details of the initial offer filed on November 29, 2024. The filing was certified by Glenn Duffy, Chief Investment Officer of Steele Creek.
Additional details:
Transaction Valuation: $5,899,342
Amount Of Filing Fee: $903.13
Tender Offer Price: $9.5077
Expiration Date: 2024-12-31
Shares Tendered: 24,630.533
Net Asset Value Date: 2024-10-31
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