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3 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
3 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
5 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
Conference Call Scheduled for Thursday, August 15, 2024 at 11:00 a.m. ET Sound Point Meridian Capital, Inc. (NYSE:SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced it plans to release its financial results for the second quarter ended June 30, 2024 prior to the opening of the stock market on Thursday, August 15, 2024, and discuss these results in a conference call at 11:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time: Thursday, August 15, 2024 – 11:00 a.m. ET Pa
Sound Point Meridian Capital, Inc. (the "Company") (NYSE:SPMC) today is pleased to announce the declaration of distributions on shares of the Company's common stock. The Company is declaring a distribution of $0.30 per share on its common stock in July, which covers the period beginning with the Company's commencement of operations on June 13, 2024, through the end of July. The Company is also declaring monthly distributions of $0.20 per share on its common stock in August and September. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share July 15, 2024 July 31, 2024 $0.30 August 15, 2
Borrowings under the CIBC Credit Facility may be utilized for the Company's investment activities, working capital and general corporate purposes. Borrowings under the CIBC Credit Facility will bear interest at either (i) term SOFR plus a margin of 3.75% per annum, or (ii) the alternate base rate plus a margin of 2.75% per annum.
Oppenheimer analyst Mitchel Penn initiates coverage on Sound Point Meridian Capital, Inc. Common Stock (NYSE:SPMC) with a Outperform rating and announces Price Target of $21.
Sound Point Meridian Capital, Inc. (the "Company") (NYSE:SPMC) today is pleased to announce the declaration of distributions on shares of the Company's common stock, financial results for the period ended June 30, 2024 and certain additional activity through July 31, 2024. DISTRIBUTIONS The Company is declaring a monthly distribution of $0.22 per share on its common stock on each of October 31, November 29 and December 31. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share October 15, 2024 October 31, 2024 $0.22 November 15, 2024 November 29, 2024 $0.22 December
Conference Call Scheduled for Thursday, August 15, 2024 at 11:00 a.m. ET Sound Point Meridian Capital, Inc. (NYSE:SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced it plans to release its financial results for the second quarter ended June 30, 2024 prior to the opening of the stock market on Thursday, August 15, 2024, and discuss these results in a conference call at 11:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time: Thursday, August 15, 2024 – 11:00 a.m. ET Pa
Provides Liquidity for Investments, Working Capital and General Corporate Purposes Sound Point Meridian Capital, Inc. (NYSE:SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced that it has entered into a $100 million "net asset value" revolving credit facility with Canadian Imperial Bank of Commerce ("CIBC"), as a lender and administrative agent, which may be increased up to $125 million pursuant to the terms thereof (the "CIBC Credit Facility"). The CIBC Credit Facility is secured by a first-priority perfected security interest in substantially all assets of the
Sound Point Meridian Capital, Inc. (the "Company") (NYSE:SPMC) today is pleased to announce the declaration of distributions on shares of the Company's common stock. The Company is declaring a distribution of $0.30 per share on its common stock in July, which covers the period beginning with the Company's commencement of operations on June 13, 2024, through the end of July. The Company is also declaring monthly distributions of $0.20 per share on its common stock in August and September. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share July 15, 2024 July 31, 2024 $0.30 August 15, 2
Sound Point Meridian Capital, Inc. (NYSE:SPMC) (the "Company") today announced the closing of its previously announced initial public offering of 4,000,000 shares of common stock at a public offering price of $20.00 per share, for net proceeds to the Company of approximately $79.7 million after payment of certain offering expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock to cover over-allotments, if any. Sound Point Meridian Management Company, LLC, the Company's investment adviser, or its affiliates will pay the full amount of the sales load in connection with this initial public offering and all o
8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
N-PX - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
497AD - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
SC 13G - Sound Point Meridian Capital, Inc. (0001930147) (Subject)
4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)