{"filing":{"accession_number":"0001213900-26-093450","cik":"0001817825","ticker":null,"company_name":"Steele Creek Capital Corp","form":"8-K","filing_date":"2026-08-25","report_date":"2026-08-18","primary_document":"ea0303185-8k_steele.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1817825/000121390026093450/ea0303185-8k_steele.htm"},"events":[{"id":29414,"run_id":26935,"accession_number":"0001213900-26-093450","anchor_item_number":"2.01","event_type":"terminal_other","event_domain":"terminal","is_material":true,"confidence":0.9,"summary":"The Board unanimously approved a deleveraging plan and committed to the Company's likely full liquidation and dissolution. The Company completed the sale of 75.8% of its investment portfolio (~$73 million in gross proceeds), with approximately $65 million to be used to pay off the credit facility in full, and plans to seek shareholder approval for full liquidation and wind-down by year-end.","company_name":"Steele Creek Capital Corp","ticker":null,"filing_date":"2026-08-25","form":"8-K","submitted_at":null,"items":[{"id":31690,"accession_number":"0001213900-26-093450","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The filing discloses termination of the Company's credit facility with Bank of America, N.A. under Item 1.02. While technically a termination of a material definitive agreement, the substance of the disclosure centers on a deleveraging plan involving the sale of 75.8% of the investment portfolio ($73 million in gross proceeds) and the use of approximately $65 million to pay off the credit facility in full. This represents a material restructuring of the Company's capital structure and financial obligations. The Board has also approved a plan for the Company's likely full liquidation and dissolution, which constitutes a material change in the Company's strategic direction and existence. Although the liquidation is contingent on shareholder approval, the deleveraging and debt payoff are concrete actions already taken or committed to, making this a material capital event that affects the registrant's financial structure and future operations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T18:03:47.524967+00:00","company_name":"","ticker":null,"filing_date":""},{"id":31691,"accession_number":"0001213900-26-093450","item_number":"2.01","item_title":"Completion of Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the completion of a material disposition of assets: the sale of 164 broadly-syndicated loan investments representing 75.8% of the Company's investment portfolio for approximately $73 million in gross proceeds. This is a substantial asset sale that materially alters the Company's capital structure and is explicitly disclosed under Item 2.01 (Completion of Disposition of Assets). The sale is part of a broader deleveraging plan that will likely lead to the Company's full liquidation and dissolution, making this a terminal corporate event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T18:03:47.524967+00:00","company_name":"","ticker":null,"filing_date":""},{"id":31692,"accession_number":"0001213900-26-093450","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"terminal_other","event_domain":"terminal","is_material":true,"confidence":0.92,"reasoning":"The Board has unanimously approved a deleveraging plan in anticipation of the Company's \"likely full liquidation and dissolution.\" The letter discloses that the Company sold 75.8% of its investment portfolio (~$73M in proceeds), will use ~$65M to pay off its credit facility, and plans to seek shareholder approval for full liquidation and wind-down by year-end. This represents an existential event—the planned termination of the Company—that does not fit the specific bankruptcy_filing category but clearly threatens the registrant's continued existence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T18:03:47.524967+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":31690,"accession_number":"0001213900-26-093450","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The filing discloses termination of the Company's credit facility with Bank of America, N.A. under Item 1.02. While technically a termination of a material definitive agreement, the substance of the disclosure centers on a deleveraging plan involving the sale of 75.8% of the investment portfolio ($73 million in gross proceeds) and the use of approximately $65 million to pay off the credit facility in full. This represents a material restructuring of the Company's capital structure and financial obligations. The Board has also approved a plan for the Company's likely full liquidation and dissolution, which constitutes a material change in the Company's strategic direction and existence. Although the liquidation is contingent on shareholder approval, the deleveraging and debt payoff are concrete actions already taken or committed to, making this a material capital event that affects the registrant's financial structure and future operations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T18:03:47.524967+00:00","company_name":"Steele Creek Capital Corp","ticker":null,"filing_date":"2026-08-25"},{"id":31691,"accession_number":"0001213900-26-093450","item_number":"2.01","item_title":"Completion of Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the completion of a material disposition of assets: the sale of 164 broadly-syndicated loan investments representing 75.8% of the Company's investment portfolio for approximately $73 million in gross proceeds. This is a substantial asset sale that materially alters the Company's capital structure and is explicitly disclosed under Item 2.01 (Completion of Disposition of Assets). The sale is part of a broader deleveraging plan that will likely lead to the Company's full liquidation and dissolution, making this a terminal corporate event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T18:03:47.524967+00:00","company_name":"Steele Creek Capital Corp","ticker":null,"filing_date":"2026-08-25"},{"id":31692,"accession_number":"0001213900-26-093450","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"terminal_other","event_domain":"terminal","is_material":true,"confidence":0.92,"reasoning":"The Board has unanimously approved a deleveraging plan in anticipation of the Company's \"likely full liquidation and dissolution.\" The letter discloses that the Company sold 75.8% of its investment portfolio (~$73M in proceeds), will use ~$65M to pay off its credit facility, and plans to seek shareholder approval for full liquidation and wind-down by year-end. This represents an existential event—the planned termination of the Company—that does not fit the specific bankruptcy_filing category but clearly threatens the registrant's continued existence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T18:03:47.524967+00:00","company_name":"Steele Creek Capital Corp","ticker":null,"filing_date":"2026-08-25"}]}
