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Sound Point Meridian Capital (SPMC)

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Research analysts covering Sound Point Meridian Capital.

Recent press releases and 8-K filings for SPMC.

Sound Point Meridian Capital, Inc. Announces Q3 2025 Results and Q1 2027 Distributions
SPMC
Earnings
Dividends
  • Sound Point Meridian Capital, Inc. (SPMC) declared a monthly distribution of $0.20 per share on its common stock, payable on April 30, 2026, May 29, 2026, and June 30, 2026.
  • The company also declared monthly distributions for its 8.00% Series A Term Preferred Stock at $0.16667 per share and its 7.875% Series B Term Preferred Stock at $0.1640625 per share for the same payment dates in April, May, and June 2026.
  • For the third fiscal quarter ended December 31, 2025, SPMC reported a net asset value per share of common stock of $14.02 and a GAAP net loss of $43.9 million, or ($2.14) per share.
  • As of January 31, 2026, the unaudited estimate for the net asset value per share of common stock was $13.40.
Feb 11, 2026, 12:02 PM
Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2025 Results
SPMC
Earnings
Dividends
Guidance Update
  • Sound Point Meridian Capital, Inc. reported a net asset value per share of common stock of $16.91 as of September 30, 2025.
  • For the second fiscal quarter ended September 30, 2025, the company announced net investment income of $11.0 million, or $0.54 per share, and a GAAP net loss of $17.2 million, or ($0.84) per share.
  • The unaudited estimate of the net asset value per share as of October 31, 2025, was $16.17.
  • The company declared a monthly distribution of $0.25 per share on its common stock to be paid on January 30, 2026, February 27, 2026, and March 31, 2026.
Nov 13, 2025, 12:00 PM
Sound Point Meridian Capital, Inc. Enters Equity Distribution Agreement for Stock Offering
SPMC
New Projects/Investments
Dividends
  • Sound Point Meridian Capital, Inc. (SPMC) entered into an Equity Distribution Agreement on October 6, 2025, for an "at-the-market" offering of its common stock.
  • Under the agreement, SPMC may issue and sell up to $100,000,000 in aggregate offering price of its common stock.
  • Additionally, AG Asset Strategies LLC, a selling stockholder, may sell up to 5,297,083 shares of common stock through the same agreement.
  • The Placement Agents for the offering are Oppenheimer & Co. Inc., Lucid Capital Markets, LLC, and B. Riley Securities, Inc., who will receive commissions of up to 1.5% of the gross sales price for shares sold.
  • SPMC intends to use the net proceeds primarily to acquire investments, make distributions to stockholders, and for general corporate purposes, including potential debt repayment.
Oct 7, 2025, 1:13 AM