• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2024 Earnings Release and Conference Call

    10/30/24 4:15:00 PM ET
    $SPMC
    Get the next $SPMC alert in real time by email

    Conference Call Scheduled for Wednesday, November 13, 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 its second fiscal quarter ended September 30, 2024 prior to the opening of the stock market on Wednesday, November 13, 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:

    Wednesday, November 13, 2024 – 11:00 a.m. ET

     

     

    Participant Dial-In Numbers:

     

    (United States):

    (800) 579-2543

    (International):

    (785) 424-1789

    To access the call, please dial-in approximately five minutes before the start time and, if asked, provide the operator with Conference ID "SOUNDFQ2". An accompanying slide presentation will be available in pdf format via the "Investor Relations" section of the Company's website (https://www.soundpointmeridiancap.com) after the issuance of the earnings release.

    Webcast

    The call will also be simultaneously webcast over the internet via the "Investor Relations" section of the Company's website or by clicking on the webcast link here. Please go to the "Investor Relations" section of the Company's website at least 15 minutes prior to the call to register for the call and download and install any necessary audio software.

    Replay

    An online archive of the webcast will be made available shortly after the call via the "Investor Relations" section of the Company's website, and will remain available for approximately one year. A telephone replay will also be available following the end of the call through November 20, 2024 by dialing (800) 688-9459 (toll-free) or (402) 220-1373 (international), replay pin number 26603.

    About the Company

    The Company is an externally managed, non-diversified closed-end management investment company. The Company's investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in third-party collateralized loan obligation ("CLO") equity and mezzanine tranches of predominately U.S. dollar-denominated CLOs backed by corporate leveraged loans issued primarily to U.S. obligors. The Company is externally managed and advised by Sound Point Meridian Management Company, LLC, a Delaware limited liability company. For additional information, visit https://www.soundpointmeridiancap.com.

    FORWARD-LOOKING STATEMENTS

    This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241030771235/en/

    Get the next $SPMC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Q&A

    New
    • When is the conference call for Sound Point Meridian Capital?

      The conference call is scheduled for November 13, 2024, at 11:00 a.m. ET.

    • What financial results will be discussed during the conference call?

      The financial results for the second fiscal quarter ended September 30, 2024, will be released prior to the stock market opening on the same day as the call.

    • What are the dial-in numbers for the conference call?

      Participants can join the call by dialing (800) 579-2543 in the United States or (785) 424-1789 internationally.

    • How long will the webcast replay be available after the call?

      An online archive of the webcast will be available shortly after the call and will remain accessible for approximately one year.

    • What is the investment objective of Sound Point Meridian Capital?

      Sound Point Meridian Capital's investment objective is to generate high current income with a secondary goal of capital appreciation, primarily through investments in CLO equity and mezzanine tranches backed by corporate loans.

    Recent Analyst Ratings for
    $SPMC

    DatePrice TargetRatingAnalyst
    10/9/2024$22.50Buy
    B. Riley Securities
    More analyst ratings

    $SPMC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Sound Point Meridian Capital, Inc. Announces Results for the Third Fiscal Quarter Ended December 31, 2024

      Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), 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 results for the third fiscal quarter ended December 31, 2024. THIRD FISCAL QUARTER ENDED DECEMBER 31, 2024 RESULTS Net asset value per share of common stock was $20.52 as of December 31, 2024. Net investment income ("NII") was $12.5 million, or $0.62 per share of common stock, comprised of $20.0 million of investment income, or $0.99 per share of common stock and $7.5 million of expenses, or $0.37 per share of common stock. 97% of NII was recurring GAAP i

      2/12/25 7:00:00 AM ET
      $SPMA
      $SPMC
    • Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2026 Common Distributions and Preferred Distributions

      Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), 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 is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the first fiscal quarter 2026 (second calendar quarter of 2025). The Company is declaring a monthly distribution of $0.25 per share on its common stock to be paid on each of April 30, 2025, May 30, 2025, and June 30, 2025. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share Apr

      2/5/25 4:27:00 PM ET
      $SPMA
      $SPMC
    • Sound Point Meridian Capital, Inc. Schedules Third Fiscal Quarter Ended December 31, 2024 Earnings Release and Conference Call

      Conference Call Scheduled for Wednesday, February 12, 2025 at 10:00 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 its third fiscal quarter ended December 31, 2024 prior to the opening of the stock market on Wednesday, February 12, 2025, and discuss these results in a conference call at 10:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time:   Wednesday, February 12, 2025 – 10:00 a.m. ET

      1/29/25 7:00:00 AM ET
      $SPMC

    $SPMC
    SEC Filings

    See more
    • Sound Point Meridian Capital Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)

      11/13/24 6:47:05 AM ET
      $SPMC
    • Sound Point Meridian Capital Inc. filed SEC Form 8-K: Other Events

      8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)

      11/12/24 6:00:25 AM ET
      $SPMC
    • SEC Form CERT filed by Sound Point Meridian Capital Inc.

      CERT - Sound Point Meridian Capital, Inc. (0001930147) (Filer)

      11/4/24 3:46:44 PM ET
      $SPMC

    $SPMC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Sound Point Meridian Capital Inc.

      SC 13G - Sound Point Meridian Capital, Inc. (0001930147) (Subject)

      7/3/24 4:05:30 PM ET
      $SPMC

    $SPMC
    Financials

    Live finance-specific insights

    See more
    • Sound Point Meridian Capital, Inc. Announces Results for the Third Fiscal Quarter Ended December 31, 2024

      Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), 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 results for the third fiscal quarter ended December 31, 2024. THIRD FISCAL QUARTER ENDED DECEMBER 31, 2024 RESULTS Net asset value per share of common stock was $20.52 as of December 31, 2024. Net investment income ("NII") was $12.5 million, or $0.62 per share of common stock, comprised of $20.0 million of investment income, or $0.99 per share of common stock and $7.5 million of expenses, or $0.37 per share of common stock. 97% of NII was recurring GAAP i

      2/12/25 7:00:00 AM ET
      $SPMA
      $SPMC
    • Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2026 Common Distributions and Preferred Distributions

      Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), 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 is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the first fiscal quarter 2026 (second calendar quarter of 2025). The Company is declaring a monthly distribution of $0.25 per share on its common stock to be paid on each of April 30, 2025, May 30, 2025, and June 30, 2025. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share Apr

      2/5/25 4:27:00 PM ET
      $SPMA
      $SPMC
    • Sound Point Meridian Capital, Inc. Schedules Third Fiscal Quarter Ended December 31, 2024 Earnings Release and Conference Call

      Conference Call Scheduled for Wednesday, February 12, 2025 at 10:00 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 its third fiscal quarter ended December 31, 2024 prior to the opening of the stock market on Wednesday, February 12, 2025, and discuss these results in a conference call at 10:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time:   Wednesday, February 12, 2025 – 10:00 a.m. ET

      1/29/25 7:00:00 AM ET
      $SPMC

    $SPMC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chairman Ketchum Stephen bought $142,374 worth of shares (7,000 units at $20.34), increasing direct ownership by 43% to 23,326 units (SEC Form 4)

      4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)

      11/21/24 4:50:53 PM ET
      $SPMC
    • Chairman Ketchum Stephen bought $179,211 worth of shares (9,000 units at $19.91), increasing direct ownership by 123% to 16,326 units (SEC Form 4)

      4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)

      11/18/24 5:02:40 PM ET
      $SPMC
    • SEC Form 3 filed by new insider Forstenhausler Matthew E.

      3 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)

      9/3/24 8:35:50 PM ET
      $SPMC

    $SPMC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chairman Ketchum Stephen bought $142,374 worth of shares (7,000 units at $20.34), increasing direct ownership by 43% to 23,326 units (SEC Form 4)

      4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)

      11/21/24 4:50:53 PM ET
      $SPMC
    • Chairman Ketchum Stephen bought $179,211 worth of shares (9,000 units at $19.91), increasing direct ownership by 123% to 16,326 units (SEC Form 4)

      4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)

      11/18/24 5:02:40 PM ET
      $SPMC
    • Chairman Ketchum Stephen bought $145,787 worth of shares (7,326 units at $19.90) (SEC Form 4)

      4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)

      8/30/24 2:51:52 PM ET
      $SPMC

    $SPMC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • B. Riley Securities initiated coverage on Sound Point Meridian Capital with a new price target

      B. Riley Securities initiated coverage of Sound Point Meridian Capital with a rating of Buy and set a new price target of $22.50

      10/9/24 8:05:16 AM ET
      $SPMC