Steele Creek Capital Sells $218K in Common Stock to Investors
The transaction awaits final share pricing based on net asset value to be determined within two business days.
October 03, 2025
Steele Creek Capital Raises Capital Through Private Stock Sale
On October 1, Steele Creek Capital secured approximately $218,126 in capital through a private stock sale. The company issued common shares to investors based on subscription agreements, with payment collected at the time of commitment.
The exact number of shares and final price per share haven’t been locked in yet. Those figures will be calculated using Steele Creek’s net asset value per share, determined within two business days of the transaction. Once finalized, the company will update its disclosure with those details.
This sale was conducted under Regulation D, using a Section 4(a)(2) exemption, allowing the company to offer unregistered securities to qualifying investors. It’s a common route for capital raises that target institutions and other accredited parties.
The filing, signed by Chief Financial Officer Douglas S. Applegate, Jr., reflects Steele Creek’s ongoing use of flexible financing tools. While the company qualifies as an emerging growth company, it hasn’t opted for extended deadlines in adopting new accounting standards—signaling an intent to stay aligned with evolving regulatory benchmarks.
Steele Creek hasn’t disclosed how it plans to deploy the capital raised, but the structure of the offering and the timing suggest it’s taking a deliberate, methodical approach. Investors can expect further clarity when the amended filing becomes available.
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