Palmer Square BDC amends 13G/A to correct holder name

Palmer Square Capital BDC Inc. Amendment No. 3 to a joint Schedule 13G/A was filed to correct the reporting entity and restate beneficial ownership figures for related holders and Mr. Martin C. Bicknell.

Rhea-AI Filing Summary

Palmer Square Capital BDC Inc. Amendment No. 3 to a joint Schedule 13G/A was filed to correct the reporting entity and restate beneficial ownership figures for related holders and Mr. Martin C. Bicknell. The filing reports 31,120,814 shares outstanding as of May 5, 2026.

The amended statement shows 1248 Holdings, LLC with 1,562,896 shares (5.02%), BFFV, LLC with 1,391,817 shares (4.47%), MCHC, LLC with 185,000 shares (0.59%), and Martin C. Bicknell deemed to beneficially own 3,139,713 shares (10.09%) through indirect interests. The amendment states it solely corrects an administrative entity name; no other changes were made.

Insights

Corporate Governance Analyst

Amendment cleans up beneficial-owner attribution and confirms a >10% holder.

The filing amends the joint Schedule 13G/A to identify BFFV, LLC correctly and restates holdings: 3,139,713 shares (10.09%) attributed to Martin C. Bicknell through related entities. It cites the May 5, 2026 outstanding share base of 31,120,814 shares.

Because this is an ownership restatement, governance implications are limited to disclosure accuracy; any voting or disposition activity would appear in subsequent filings if they occur. Subsequent filings would clarify changes if the holder trades or files different schedules.

Securities Compliance Counsel

Administrative correction under Rule 13d-1; no new transfers reported.

The amendment states it corrects an entity name and confirms shared voting and dispositive power across affiliated LLCs and Mr. Bicknell, consistent with a joint filing agreement. The amendment notes no other changes beyond the corrected entity identification.

From a compliance view, the filing updates the public record; any further material changes in ownership or control would require additional Schedule 13 filings per the Securities Exchange Act.

Key Figures

Shares outstanding: 31,120,814 shares Martin C. Bicknell beneficial ownership: 3,139,713 shares 1248 Holdings ownership: 1,562,896 shares +2 more

5 metrics

Shares outstanding 31,120,814 shares as of May 5, 2026

Martin C. Bicknell beneficial ownership 3,139,713 shares deemed beneficially owned; <date>May 5, 2026</date>

1248 Holdings ownership 1,562,896 shares <percent>5.02%</percent> of class

BFFV, LLC ownership 1,391,817 shares <percent>4.47%</percent> of class

MCHC, LLC ownership 185,000 shares <percent>0.59%</percent> of class

Key Terms

Schedule 13G/A, Beneficially owned, Shared dispositive power, Joint Filing Agreement

4 terms

Schedule 13G/A regulatory

"Amendment No. 3 to a joint Schedule 13G/A to correct reporting entity"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficially owned financial

"Amount beneficially owned: Based on Form 10-Q for the quarter ending March 31, 2026"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Shared dispositive power regulatory

"Shared Dispositive Power 1,562,896.00 shown for 1248 Holdings"

Joint Filing Agreement regulatory

"JOINT FILING AGREEMENT Pursuant to Rule 13(d)-1(k)(1)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Palmer Square Capital BDC Inc. (PSBD) Amendment No. 3 report?

It reports a corrected joint Schedule 13G/A identifying beneficial ownership figures. The amendment corrects an entity name and restates holdings tied to four filers and Mr. Bicknell using the May 5, 2026 share base of 31,120,814.

How many shares does Martin C. Bicknell beneficially own per the amendment?

Mr. Bicknell is deemed to beneficially own 3,139,713 shares, equal to 10.09% of the common stock, based on 31,120,814 shares outstanding as of May 5, 2026.

Which entities are reported in the joint filing and their percentages?

1248 Holdings, LLC: 1,562,896 shares (5.02%); BFFV, LLC: 1,391,817 shares (4.47%); MCHC, LLC: 185,000 shares (0.59%); percentages are tied to 31,120,814 shares outstanding.

Did the amendment disclose any transfers or sales of shares?

No transfers or sales are disclosed; the amendment states it corrects an administrative entity name and that no other changes to the reported securities are being made in this filing.

What is the filing's stated reason for Amendment No. 3?

The filing corrects an administrative error that had identified an entity no longer owning the reported securities, replacing it with the correct entity name BFFV, LLC; it affirms no other changes were made.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/11/2026 - 12:26 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Palmer Square Capital BDC Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

69702V107

(CUSIP Number)

05/27/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 69702V107

1

Names of Reporting Persons

1248 Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MISSOURI

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,562,896.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,562,896.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,562,896.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.02 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: 1248 Holdings, LLC ("1248 Holdings")

SCHEDULE 13G

CUSIP Number(s): 69702V107

1

Names of Reporting Persons

BFFV, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MISSOURI

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,391,817.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,391,817.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,391,817.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.47 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: BFFV, LLC ("BFFV")

SCHEDULE 13G

CUSIP Number(s): 69702V107

1

Names of Reporting Persons

Martin Christopher Bicknell

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,139,713.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,139,713.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,139,713.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.09 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Martin Christopher Bicknell (Mr. Bicknell)

SCHEDULE 13G

CUSIP Number(s): 69702V107

1

Names of Reporting Persons

MCHC, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 185,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 185,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

185,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.59 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: MCHC, LLC ("MCHC")

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Palmer Square Capital BDC Inc.
(b)	Address of issuer's principal executive offices: 1900 Shawnee Mission Parkway, Suite 315, Mission Woods, Kansas 66205
Item 2.
(a)	Name of person filing: 1248 Holdings, LLC ("1248 Holdings") BFFV, LLC ("BFFV") MCHC, LLC ("MCHC") Martin Christopher Bicknell (Mr. Bicknell) 1,562,896 shares are owned directly by 1248 Holdings. 1,391,817 shares are owned directly by BFFV. 185,000 shares are owned directly by MCHC. Mr. Bicknell is the Elected Manager of each of the entities that collectively own all of the outstanding membership interests of BFFV and has sole voting and dispositive power over the shares owned by 1248 Holdings. Mr. Bicknell is the sole member of MCHC. Thus, Mr. Bicknell may be deemed to be an indirect beneficial owner of the shares owned by each of BFFV, 1248 Holdings, and MCHC.
(b)	Address or principal business office or, if none, residence: The address of the principal offices of 1248 Holdings and the business address of Mr. Bicknell is 4622 Pennsylvania Ave, Ste 600 Kansas City, MO 64112. The principal office of BFFV and MCHC is 5700 W. 112th St. Ste 500, Overland Park, KS 66211.
(c)	Citizenship: 1248 Holdings is a Missouri limited liability company. BFFV is a Kansas limited liability company. MCHC is a Kansas limited liability company. Mr. Bicknell is a U.S. citizen.
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 69702V107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Based on Palmer Square Capital BDC Inc.'s Form 10-Q for the quarter ending March 31,2026, there were 31,120,814 shares of common stock issued and outstanding as of May 5, 2026: 1,562,896 shares deemed beneficially owned by 1248 Holdings 1,391,817 shares deemed beneficially owned by BFFV 185,000 shares deemed beneficially owned by MCHC 3,139,713 shares deemed beneficially owned by Mr. Bicknell
(b)	Percent of class: 5.02% deemed beneficially owned by 1248 Holdings 4.47% deemed beneficially owned by BFFV 0.59% deemed beneficially owned by MCHC 10.09% deemed beneficially owned by Mr. Bicknell
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1248 Holdings - 0 BFFV - 0 MCHC- 0 Mr. Bicknell - 0
	(ii) Shared power to vote or to direct the vote: 1248 Holdings - 1,562,896 BFFV - 1,391,817 MCHC- 185,000 Mr. Bicknell - 3,139,713
	(iii) Sole power to dispose or to direct the disposition of: 1248 Holdings - 0 BFFV - 0 MCHC- 0 Mr. Bicknell - 0
	(iv) Shared power to dispose or to direct the disposition of: 1248 Holdings - 1,562,896 BFFV - 1,391,817 MCHC- 185,000 Mr. Bicknell - 3,139,713
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

1248 Holdings, LLC

Signature:	/s/ Christian Scharosch
Name/Title:	Christian Scharosch, Authorized Signatory
Date:	05/29/2026

BFFV, LLC

Signature:	/s/ Martin C. Bicknell
Name/Title:	Martin C. Bicknell, Manager
Date:	05/29/2026

Martin Christopher Bicknell

Signature:	/s/ Martin C. Bicknell
Name/Title:	Martin Christopher Bicknell, Manager
Date:	05/29/2026

MCHC, LLC

Signature:	/s/ Martin C. Bicknell
Name/Title:	Martin Christopher Bicknell, Manager
Date:	05/29/2026

Comments accompanying signature: This Amendment No. 3 to the Schedule 13G filed on May 29, 2026 is being filed solely to correct an administrative error whereby the filing inadvertently identified BFFV 19, an entity that no longer owned the reported securities, instead of BFFV, LLC. This amendment reflects BFFV, LLC as the correct entity with respect to the reported securities. No other changes are being made hereby.

Exhibit Information

JOINT FILING AGREEMENT Pursuant to Rule 13(d)-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, each of the undersigned acknowledges and agrees that the foregoing statement on Schedule 13G is filed on behalf of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of the undersigned without the necessity of filing additional joint acquisition statements. Each of the undersigned acknowledges that it shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other persons making the filing, except to the extent that he or it knows or has reason to believe that such information is inaccurate. This agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.