Welcome to our dedicated page for Sound Point Meridian Cap SEC filings (Ticker: SPMA), 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.
The SEC filings page for Sound Point Meridian Capital, Inc. 8.00% Series A Preferred Shares Due 2029 (NYSE: SPMA) provides access to regulatory documents filed by Sound Point Meridian Capital, Inc., a closed-end management investment company registered under the Investment Company Act of 1940, as amended. These filings cover the Company’s common stock and its preferred stock, including the 8.00% Series A Preferred Stock due 2029 and the 7.875% Series B Preferred Stock due 2030.
Current reports on Form 8-K include disclosures of material events such as earnings announcements, management’s unaudited estimates of net asset value per share of common stock, ranges of net investment income and realized gains or losses, and declarations of common and preferred dividends. Certain 8-K filings also describe capital markets transactions, including the establishment of an equity distribution agreement that permits the Company and a selling stockholder to sell common shares in an at-the-market offering, and the use of a shelf registration statement on Form N-2.
Proxy materials filed on Schedule 14A (DEF 14A) outline governance matters relevant to holders of both common and preferred stock. The definitive proxy statement describes the annual meeting of stockholders, the election of directors by common and preferred stockholders (voting together or separately as a single class, depending on the seat), and the record date and quorum requirements. These documents help investors understand how preferred stockholders, including holders of SPMA, participate in corporate governance.
Other filings referenced in the Company’s disclosures include shelf registration statements on Form N-2 and related prospectus supplements that support offerings of common stock and preferred stock. These materials describe the securities being offered, including the 8.00% Series A Preferred Stock due 2029, and the intended use of proceeds, such as acquiring investments in line with the Company’s investment objective, making distributions to stockholders, and general corporate purposes.
On Stock Titan, investors can use AI-powered tools to read summaries of lengthy filings, highlight key items such as dividend declarations affecting SPMA, and follow real-time updates as new 8-K, proxy, or registration documents are filed with the SEC’s EDGAR system. This makes it easier to track how regulatory disclosures relate to the Company’s CLO-focused investment strategy, capital structure, and the 8.00% Series A Term Preferred Stock due 2029.
Sound Point Meridian Capital director Matthew E. Forstenhausler bought 2,000 shares of common stock in an open-market purchase at $11.50 per share. After this transaction, he directly owns 9,644.225 shares of Sound Point Meridian Capital common stock.
Sound Point Meridian Capital, Inc. chairman Stephen Ketchum reported an open-market purchase of 1,000 shares of common stock at
The filing also notes 815.039 shares held indirectly through SPC Consolidator LLC, where Ketchum is managing member and may be deemed to share beneficial ownership, while disclaiming beneficial ownership beyond his pecuniary interest.
Sound Point Meridian Capital, Inc. is registering the resale of up to 4,052,100 shares of common stock held by B. Riley Principal Capital II, LLC (BRPC II). The company is not selling shares in this prospectus and will not receive proceeds from BRPC II’s resales, though it can raise up to $25,000,000 by directing sales to BRPC II under a committed equity purchase agreement.
As of September 30, 2025, BRPC II had purchased 61,603 shares, providing $1,141,488 of net proceeds to the company. The unaudited net asset value (NAV) per share on that date was $16.91, while the closing market price was $17.35, a 2.60% premium to NAV. For the second fiscal quarter ended September 30, 2025, net investment income was $11.0 million, or $0.54 per common share, on investment income of $20.2 million and expenses of $9.2 million.
The company invests primarily in equity and mezzanine tranches of CLOs backed by below‑investment‑grade senior secured loans and uses moderate leverage, including a CIBC credit facility and listed preferred stock. It has declared monthly common distributions of $0.25 per share and pays fixed monthly dividends on its 8.00% Series A and 7.875% Series B preferred shares.
Sound Point Meridian Capital, Inc. declared monthly common stock distributions of $0.20 per share for the first fiscal quarter 2027, payable on April 30, 2026, May 29, 2026, and June 30, 2026 to holders of record on April 15, May 15, and June 15, 2026.
The company also declared monthly distributions on its preferred stock: $0.16667 per share for its 8.00% Series A Term Preferred Stock due 2029 and $0.1640625 per share for its 7.875% Series B Term Preferred Stock due 2030, reflecting their stated annual rates on the $25.00 liquidation preference.
The company noted these distributions may include net investment income, capital gains and/or return of capital, with final tax character reported on Form 1099 after 2026. It also referenced results for the third fiscal quarter ended December 31, 2025 and scheduled an investor conference call on February 11, 2026 at 11:00 a.m. Eastern Time.
Sound Point Meridian Capital, Inc. filed an update providing management’s unaudited estimate of its common stock net asset value (NAV) per share. As of January 31, 2026, NAV was estimated to range between $13.35 and $13.45 per share. This range reflects management’s current view of the value of the company’s assets minus its liabilities on a per-share basis.
Sound Point Meridian Capital, Inc. had a small insider transaction reported by a 10% owner group. On January 29, 2026, AG Asset Strategies LLC, a 10% owner, sold 237 shares of Common Stock at $14.3171 per share in an indirect transaction.
Following this sale, the filing shows 5,269,453 shares of Common Stock beneficially owned indirectly. The shares are held directly by AG Asset Strategies LLC, which is owned through a chain of entities up to Assured Guaranty Ltd., making the other reporting entities indirect beneficial owners.
AG Asset Strategies LLC, a 10% owner of Sound Point Meridian Capital, Inc., reported small open-market sales of common stock. On January 23, 2026, the entity sold 305 shares at $14.2917 per share. On January 27, 2026, it sold an additional 4,562 shares at $14.3061 per share. After these transactions, AG Asset Strategies LLC indirectly held 5,269,690 shares of common stock through a chain of wholly owned subsidiaries up to Assured Guaranty Ltd., which is an indirect beneficial owner of the reported securities.
AG Asset Strategies LLC, a 10% owner of Sound Point Meridian Capital, Inc., reported open-market sales of common stock over three days in January 2026. On January 12, 2026, it sold 3,782 shares at $14.717 per share, on January 13, 2026 it sold 165 shares at $14.4996, and on January 14, 2026 it sold 1,650 shares at $14.4782. After these sales, 5,274,557 shares of common stock were reported as beneficially owned indirectly through AG Asset Strategies LLC. The filing lists Assured Guaranty Inc. and its parent entities as indirect beneficial owners of these securities.
Sound Point Meridian Capital, Inc. reported management’s unaudited estimates for its common stock as of December 31, 2025. The estimated net asset value per share was in a range between $13.97 and $14.07.
For the quarter ended December 31, 2025, management estimated net investment income between $0.40 and $0.48 per share of common stock, and estimated realized results in a range between a loss of $0.01 and a loss of $0.09 per share.