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$125 million cash closes Ridgepost Capital's Stellus acquisition, lifting pro forma assets past $1.16 billion

9/4/2026

$125.0 million in cash, the fixed-price component of Ridgepost Capital Inc.'s (RPC) purchase of Stellus Capital Management, LLC, settled at the June 22, 2026 closing.

Full consideration also included 11,191,149 LLC membership units of Ridgepost Capital, LLC and 579,096 shares of RPC Class A Common Stock, with those units exchangeable into Class A shares on a one-for-one basis.

Pro forma total assets as of March 31, 2026 reached $1.162 billion, against $909.7 million for standalone Ridgepost on the same date. Balance sheet mechanics The purchase agreement was signed February 4, 2026.

Debt obligations rose $139.0 million on a pro forma basis, from $375.0 million to $514.0 million, consistent with financing the cash leg of the transaction.