Final share count and per-share value will be disclosed once net asset value is determined.

August 05, 2025

Steele Creek Completes Private Stock Sale Pending NAV Finalization

On August 1, Steele Creek Capital moved ahead with a private sale of common stock totaling $23,697. The offering was completed through investor subscription agreements, with funds received at the time of commitment. This transaction adds to Steele Creek’s capital base while giving investors a direct path to equity exposure.

The company hasn’t yet released the number of shares tied to the transaction. That figure will depend on the final net asset value per share, which Steele Creek plans to determine within two business days of the sale. Once complete, an updated filing will outline the per-share price and total shares issued.

This sale wasn’t registered with the SEC. Instead, it followed a common route for private placements, using exemptions under Section 4(a)(2) of the Securities Act and Regulation D. These exemptions allow firms like Steele Creek to raise capital efficiently, without the timeline or requirements tied to public offerings.

Steele Creek made the filing as an emerging growth company and confirmed that no securities tied to the sale are listed on public exchanges. The disclosure was signed by CFO Douglas S. Applegate, Jr. on August 4.

For investors participating in the round, this sale offered an opportunity to allocate capital into Steele Creek’s platform on terms structured around NAV. For the company, it’s another step in building long-term capital through selective private placements—executed with timing and flexibility in mind.