Steele Creek Capital Sells Over $840K in Common Stock
The offering, conducted under Regulation D, reflects continued strategic fundraising by the Charlotte-based firm.
May 07, 2025
Steele Creek Capital Raises $841K Through Private Share Sale
On May 1, Steele Creek Capital brought in approximately $841,903 through a private sale of its common stock. The offering wasn’t made through public markets—it was structured as a private placement, allowing the company to raise capital from a select group of investors under Regulation D.
The process was straightforward. Investors entered into subscription agreements and submitted payment upfront. The exact number of shares tied to the $841K raise hasn’t been finalized yet. That number will be calculated based on the net asset value per share, which the company will determine within two business days of the transaction date. Once that figure is locked in, Steele Creek plans to amend the filing to disclose the per-share purchase price and the total shares issued.
This capital raise aligns with Steele Creek’s ongoing strategy of using exempt offerings to bring in investment. As an emerging growth company, it’s a flexible way to secure funding without the added layers of public registration.
The exemption under Section 4(a)(2) and Regulation D keeps things efficient while ensuring compliance with securities law.
The firm hasn’t provided details on how the new capital will be used, but the structure and execution of the sale suggest it’s part of a broader approach to fundraising that’s targeted and investor-specific. For now, Steele Creek is keeping the focus on execution—raising capital cleanly, efficiently, and in line with regulatory expectations.
The report, signed by Chief Financial Officer Douglas S. Applegate, Jr. , underscores the company’s focus on staying current with disclosure requirements while continuing to tap into private capital markets.
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