Welcome to our dedicated page for Palmer Square Capital Bdc SEC filings (Ticker: PSBD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Palmer Square Capital BDC Inc. (NYSE: PSBD), an externally managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Through these filings, investors can review the regulatory record that describes the company’s investment objective, portfolio composition, capital structure, and governance.
Palmer Square Capital BDC Inc. files annual reports on Form 10-K and quarterly reports on Form 10-Q, which include audited or reviewed financial statements, consolidated statements of assets and liabilities, statements of operations, and detailed portfolio schedules. These reports outline the company’s focus on lending to and investing in corporate debt loans and other debt securities, including senior secured loans, CLO mezzanine and equity interests, corporate bonds, and equity investments, as well as the proportion of floating-rate assets and income-producing investments.
The company also submits current reports on Form 8-K to disclose material events such as dividend declarations, estimates of net asset value per share, amendments to credit facilities, and the release of quarterly financial results. For example, Form 8-K filings describe supplemental and base dividends, changes to borrowing arrangements, and management’s unaudited estimates of NAV per share as of specific month-end dates. Proxy materials on Schedule 14A detail matters submitted to stockholders, including director elections and the ratification of the independent registered public accounting firm.
On Stock Titan, PSBD’s filings are updated in near real time as they are made available on EDGAR. AI-powered tools can help summarize lengthy documents, highlight key sections on portfolio performance, leverage, fees, and distributions, and surface items such as voting results from annual meetings. Users can also review disclosures related to credit facilities and other direct financial obligations. Together, these filings offer a structured view of how Palmer Square Capital BDC Inc. reports its financial condition, investment activities, and corporate actions within the BDC regulatory framework.
Palmer Square Capital BDC Inc. (PSBD): First Trust Capital Management L.P., together with First Trust Capital Solutions L.P. and FTCS Sub GP LLC, filed Amendment No. 2 to Schedule 13G reporting beneficial ownership of 1,288,338 shares of Common Stock, representing 4.04% of the class as of September 30, 2025.
The reporting persons disclose sole voting power over 1,288,338 shares and sole dispositive power over 1,288,338 shares, with no shared power. FTCS and FTCS Sub GP may be deemed to control FTCM but do not hold shares for their own accounts. The certification states the securities were not acquired to change or influence control of the issuer.
Palmer Square Capital BDC (PSBD): A reporting person with a director relationship reported an open-market sale of common stock. On 11/06/2025, 30,000 shares were sold at $11.97 per share (Transaction Code S). Following the sale, 3,145,027 shares were beneficially owned with direct ownership.
The filing indicates it was submitted by more than one reporting person. The remarks state the reported shares are owned directly by Alaris Master Fund LP, and Alaris Capital, LLC, as its general partner, may be deemed an indirect beneficial owner.
Palmer Square Capital BDC Inc. (PSBD) reported an initial statement of beneficial ownership on Form 3. The reporting persons disclosed 3,175,027 shares of Common Stock beneficially owned, shown as Direct (D). The filing indicates the relationship to the issuer as Director, with the date of event listed as 11/05/2025.
The remarks state the shares are owned directly by Alaris Master Fund LP, and that Alaris Capital, LLC, as its general partner, may be deemed an indirect beneficial owner. The Form was filed by more than one reporting person.
PSBD: A shareholder filed a Rule 144 notice to sell up to 657,500 shares of common stock through Morgan Stanley, with an aggregate market value of $8,054,375, on or about November 6, 2025 on the NYSE.
The shares listed for sale were originally acquired on January 23, 2020 in a cash investment from the issuer. Shares outstanding were 31,599,372. Within the past three months, Alaris Master Fund LP sold 532,350 shares on October 22, 2025 for $6,686,316.
Palmer Square Capital BDC Inc. (PSBD) amended its secured credit facility. On November 4, 2025, its wholly owned subsidiary entered Amendment No. 5 with Wells Fargo as administrative agent. The amendment increases the facility size from $175,000,000 to $200,000,000, extends the stated maturity to November 4, 2030, and lengthens the reinvestment period to November 3, 2028.
Pricing terms were also updated: the applicable spread moves to 1.95% over Daily Simple SOFR (from 2.50%), and the non‑usage fee now ranges from 0.50% to 1.45% depending on utilization. These changes provide a larger borrowing capacity, a longer tenor, and lower margin over SOFR under the facility’s terms.
Palmer Square Capital BDC Inc. furnished a press release announcing its financial results for the quarter ended September 30, 2025, via a Form 8-K.
The company also made a supplemental investor presentation available on its website in connection with the third quarter 2025 earnings release. The press release is included as Exhibit 99.1, and the furnished materials are not deemed “filed” under the Exchange Act.
Palmer Square BDC (PSBD) filed its quarterly report detailing a diversified credit portfolio. The holdings are largely first lien senior secured loans priced off SOFR with credit spread adjustments and fixed spreads, alongside selected second lien positions, CLO mezzanine and equity tranches, corporate bonds, and short‑term money market funds.
Examples span many industries. Notable entries include Wellpath Holdings, Inc. first‑lien debt at 11.31% (S+6.93% PIK) with maturity on 6/9/2025, WarHorse Gaming, LLC first‑lien at 13.48% (S+CSA+9.25%) maturing 6/30/2028, and Nvent Electric Public Limited Company first‑lien at 7.16% (S+3.00%) maturing 1/30/2032. CLO exposure includes tranches such as GLM 2021-9A FR at 12.79% (S+8.46%) and CIFC 2023-2A at 12.59% (S+7.97%). Short‑term liquidity vehicles include Fidelity Government Portfolio – Institutional Class and Morgan Stanley US Dollar Treasury Liquidity Fund – Institutional Class.
Palmer Square Capital BDC Inc. (PSBD) reported an insider transaction on a Form 4. A director and 10% owner recorded an open-market sale of common stock.
532,350 shares were sold on 10/22/2025 at $12.56 per share (Transaction Code: S). Following the sale, the filer reported 3,175,027 shares beneficially owned. The filing notes the shares are owned directly by Alaris Master Fund LP, and Alaris Capital, LLC, as general partner, may be deemed an indirect beneficial owner.
Palmer Square Capital BDC Inc. (PSBD) reported a management unaudited estimate of its net asset value (NAV) per share of $15.39 as of September 30, 2025. NAV per share reflects the value of the company’s investment portfolio and other net assets allocated to each share.
The update was disclosed in a current report and provides a fresh point-in-time valuation metric for shareholders.
Palmer Square Capital BDC Inc. filed an amended report to correct the key dates associated with its previously announced third quarter 2025 dividends. The company confirmed a supplemental dividend of $0.06 per share, payable on October 14, 2025 to stockholders of record as of September 26, 2025. It also reaffirmed a previously declared base dividend of $0.36 per share with the same record and payment dates.
The supplemental dividend will be funded from the excess of quarterly undistributed net investment income above the base dividend, meaning it reflects income generated beyond the regular payout. The amendment primarily updates the record and payment dates and replaces the prior press release with a corrected version.