SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Stellus Capital Investment Corporation
(Name of Issuer)
Common Stock, $0.001 par value
(Title of Class of Securities)
858568108
(CUSIP Number)
December 31, 2012
(Date of Event Which Requires Filing of this Statement)
Check the following box to designate the rule pursuant to which the Schedule is filed:
| ¨ | Rule 13d-1(b) | |
| ¨ | Rule 13d-1(c) | |
| x | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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CUSIP No. 858568108
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| 1. |
Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) DC Funding SPV 2, L.L.C. 45-2958319
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
| (a) | ¨ | |||||
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(b)
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¨ | |||||
| 3. |
SEC Use Only
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| 4. |
Citizenship or Place of Organization Delaware
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Number of Shares Beneficially Owned by Each Reporting Person With |
5. |
Sole Voting Power
-0- |
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| 6. |
Shared Voting Power 1,943,943
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| 7. |
Sole Dispositive Power -0-
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| 8. |
Shared Dispositive Power 1,943,943
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| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person 1,943,943
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| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
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| 11. |
Percent of Class Represented by Amount in Row (9) 18.0%
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| 12. |
Type of Reporting Person (See Instructions) OO |
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CUSIP No. 858568108
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| 1. |
Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw Direct Capital, L.L.C. 26-2474928
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
| (a) | ¨ | |||||
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(b)
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¨ | |||||
| 3. |
SEC Use Only
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| 4. |
Citizenship or Place of Organization Delaware
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Number of Shares Beneficially Owned by Each Reporting Person With |
5. |
Sole Voting Power
-0- |
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| 6. |
Shared Voting Power 1,943,943
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| 7. |
Sole Dispositive Power -0-
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| 8. |
Shared Dispositive Power 1,943,943
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| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person 1,943,943
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| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
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| 11. |
Percent of Class Represented by Amount in Row (9) 18.0%
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| 12. |
Type of Reporting Person (See Instructions) OO |
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CUSIP No. 858568108
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| 1. |
Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw & Co., L.P. 13-3695715
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
| (a) | ¨ | |||||
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(b)
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¨ | |||||
| 3. |
SEC Use Only
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| 4. |
Citizenship or Place of Organization Delaware
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Number of Shares Beneficially Owned by Each Reporting Person With |
5. |
Sole Voting Power
-0- |
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| 6. |
Shared Voting Power 1,943,943
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| 7. |
Sole Dispositive Power -0-
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| 8. |
Shared Dispositive Power 1,943,943
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| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person 1,943,943
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| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
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| 11. |
Percent of Class Represented by Amount in Row (9) 18.0%
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| 12. |
Type of Reporting Person (See Instructions) IA, PN |
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CUSIP No. 858568108
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| 1. |
Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) David E. Shaw
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
| (a) | ¨ | |||||
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(b)
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¨ | |||||
| 3. |
SEC Use Only
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| 4. |
Citizenship or Place of Organization United States
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Number of Shares Beneficially Owned by Each Reporting Person With |
5. |
Sole Voting Power
-0- |
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| 6. |
Shared Voting Power 1,943,943
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| 7. |
Sole Dispositive Power -0-
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| 8. |
Shared Dispositive Power 1,943,943
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| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person 1,943,943
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| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
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| 11. |
Percent of Class Represented by Amount in Row (9) 18.0%
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| 12. |
Type of Reporting Person (See Instructions) IN |
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| Item 1. | |||||
| (a) | Name of Issuer | ||||
| Stellus Capital Investment Corporation | |||||
| (b) | Address of Issuer's Principal Executive Offices | ||||
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10000 Memorial Drive, Suite 500 Houston, TX 77024 |
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| Item 2. | |||||
| (a) | Name of Person Filing | ||||
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DC Funding SPV 2, L.L.C. D. E. Shaw Direct Capital, L.L.C. D. E. Shaw & Co., L.P. David E. Shaw |
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| (b) | Address of Principal Business Office or, if none, Residence | ||||
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The business address for each reporting person is: 1166 Avenue of the Americas, 9th Floor New York, NY 10036 |
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| (c) | Citizenship | ||||
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DC Funding SPV 2, L.L.C. is a limited liability company organized under the laws of the state of Delaware. D. E. Shaw Direct Capital, L.L.C. is a limited liability company organized under the laws of the state of Delaware. D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware. David E. Shaw is a citizen of the United States of America. |
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| (d) | Title of Class of Securities | ||||
| Common Stock, $0.001 par value | |||||
| (e) | CUSIP Number | ||||
| 858568108 | |||||
| Item 3. |
If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
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Not Applicable
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| Item 4. |
Ownership |
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As of December 31, 2012:
| (a) | Amount beneficially owned: | |
| DC Funding SPV 2, L.L.C.: | 1,943,943 shares | |
| D. E. Shaw Direct Capital, L.L.C. | 1,943,943 shares | |
| This is composed of 1,943,943 shares in the name of DC Funding SPV 2, L.L.C. | ||
| D. E. Shaw & Co., L.P.: | 1,943,943 shares | |
| This is composed of 1,943,943 shares in the name of DC Funding SPV 2, L.L.C. | ||
| David E. Shaw: | 1,943,943 shares | |
| This is composed of 1,943,943 shares in the name of DC Funding SPV 2, L.L.C. |
| (b) | Percent of class: | |
| DC Funding SPV 2, L.L.C.: | 18.0% | |
| D. E. Shaw Direct Capital, L.L.C.: | 18.0% | |
| D. E. Shaw & Co., L.P.: | 18.0% | |
| David E. Shaw: | 18.0% |
| (c) | Number of shares to which the person has: | ||
| (i) | Sole power to vote or to direct the vote: | ||
| DC Funding SPV 2, L.L.C.: | -0- shares | ||
| D. E. Shaw Direct Capital, L.L.C.: | -0- shares | ||
| D. E. Shaw & Co., L.P.: | -0- shares | ||
| David E. Shaw: | -0- shares | ||
| (ii) | Shared power to vote or to direct the vote: | ||
| DC Funding SPV 2, L.L.C.: | 1,943,943 shares | ||
| D. E. Shaw Direct Capital, L.L.C.: | 1,943,943 shares | ||
| D. E. Shaw & Co., L.P.: | 1,943,943 shares | ||
| David E. Shaw: | 1,943,943 shares | ||
| (iii) | Sole power to dispose or to direct the disposition of: | ||
| DC Funding SPV 2, L.L.C.: | -0- shares | ||
| D. E. Shaw Direct Capital, L.L.C.: | -0- shares | ||
| D. E. Shaw & Co., L.P.: | -0- shares | ||
| David E. Shaw: | -0- shares | ||
| (iv) | Shared power to dispose or to direct the disposition of: | ||
| DC Funding SPV 2, L.L.C.: | 1,943,943 shares | ||
| D. E. Shaw Direct Capital, L.L.C.: | 1,943,943 shares | ||
| D. E. Shaw & Co., L.P.: | 1,943,943 shares | ||
| David E. Shaw: | 1,943,943 shares | ||
David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the managing member of D. E. Shaw Direct Capital, L.L.C., which in turn is the manager of DC Funding SPV 2, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, the 1,943,943 shares as described above constituting 18.0% of the outstanding shares and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 1,943,943 shares.
| Item 5. | Ownership of Five Percent or Less of a Class |
Not Applicable
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not Applicable
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. |
Not Applicable
| Item 8. | Identification and Classification of Members of the Group |
Not Applicable
| Item 9. | Notice of Dissolution of Group |
Not Applicable
| Item 10. | Certification |
By signing below, each of DC Funding SPV 2, L.L.C., D. E. Shaw Direct Capital, L.L.C., D. E. Shaw & Co., L.P., and David E. Shaw certify that, to the best of such reporting person’s knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. A Power of Attorney, dated June 22, 2012, granted by David E. Shaw in favor of Nathan Thomas, is attached hereto.
Dated: February 14, 2013
| DC Funding SPV 2, L.L.C. | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Authorized Signatory | ||
| D. E. Shaw Direct Capital, L.L.C. | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Chief Compliance Officer | ||
| D. E. Shaw & Co., L.P. | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Chief Compliance Officer | ||
| David E. Shaw | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Attorney-in-Fact for David E. Shaw | ||
Exhibit 1
POWER OF ATTORNEY
FOR CERTAIN REGULATORY FILINGS
INCLUDING CERTAIN FILINGS
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AND THE INVESTMENT ADVISERS ACT OF 1940
I, David E. Shaw, hereby make, constitute, and appoint each of:
Anne Dinning,
Julius Gaudio,
John Liftin,
Louis Salkind,
Maximilian Stone,
Nathan Thomas, and
Eric Wepsic,
acting individually, as my agent and attorney-in-fact, with full power of substitution, for the purpose of, from time to time, (i) executing in my name and/or my capacity as President of D. E. Shaw & Co., Inc. (acting for itself or as the general partner of D. E. Shaw & Co., L.P. and general partner, managing member, or manager of other entities, any of which in turn may be acting for itself or other entities) all documents, certificates, instruments, statements, other filings, and amendments to the foregoing (collectively, “documents”) determined by such person to be necessary or appropriate to comply with any registration or regulatory disclosure requirements and/or ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including without limitation Form ADV, Forms 3, 4, 5, and 13F, and Schedules 13D and 13G required to be filed with the United States Securities and Exchange Commission, and (ii) delivering, furnishing, or filing any such documents to or with the appropriate governmental or regulatory authority. Any such determination shall be conclusively evidenced by such person’s execution, delivery, furnishing, and/or filing of the applicable document.
This power of attorney shall be valid from the date hereof and replaces the power granted on December 15, 2011, which is hereby cancelled.
IN WITNESS HEREOF, I have executed this instrument as of the date set forth below.
Date: June 22, 2012
DAVID E. SHAW, as President of
D. E. Shaw & Co., Inc.
/s/ David E. Shaw
New York, New York
Exhibit 2
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned Reporting Persons hereby agrees to the joint filing, along with all other such Reporting Persons, on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, $0.001 par value, of Stellus Capital Investment Corporation, and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, each of the undersigned hereby executes this Agreement as of this 14th day of February, 2013.
| DC Funding SPV 2, L.L.C. | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Authorized Signatory | ||
| D. E. Shaw Direct Capital, L.L.C. | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Chief Compliance Officer | ||
| D. E. Shaw & Co., L.P. | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Chief Compliance Officer | ||
| David E. Shaw | ||
| By: | /s/ Nathan Thomas | |
| Nathan Thomas | ||
| Attorney-in-Fact for David E. Shaw | ||