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, 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.
Sound Point Meridian Capital, Inc. filed an initial insider ownership report for one of its officers, who serves as Chief Financial Officer. As of 12/31/2025, the filing states that the officer beneficially owns no non-derivative securities of the company, with the amount reported as 0 and ownership form marked as direct. The report also shows no derivative securities, such as options or warrants, listed as beneficially owned.
Sound Point Meridian Capital, Inc. director reported buying additional common stock in three open-market transactions. On December 17, 2025, the director purchased 1,200 shares of common stock at a weighted average price of $13.70 per share, with individual trade prices ranging from $13.57 to $13.75, bringing beneficial ownership to 2,200 shares afterward. On December 18, 2025, the director purchased 4,118 shares at a weighted average price of $13.60, with trade prices between $13.51 and $13.60, increasing beneficial ownership to 6,318 shares. On December 19, 2025, a further 1,000 shares were bought at $13.60 per share, resulting in total beneficial ownership of 7,318 shares of common stock held directly.
Sound Point Meridian Capital, Inc.'s chief executive and director reported buying a total of 3,162 shares of common stock in mid-December 2025. The purchases occurred on December 12, 15 and 16, 2025 in three separate transactions. Reported prices were $13.84, a weighted-average $13.60 per share from trades between $13.59 and $13.60, and $13.37 per share. After these purchases, the insider directly owned 81,741 shares of the company’s common stock.
Sound Point Meridian Capital, Inc. reported an updated internal valuation of its common stock. Management’s unaudited estimate of the company’s net asset value (NAV) per share as of November 30, 2025 was in a range between $14.66 and $14.76. NAV represents the value of the company’s assets minus its liabilities on a per-share basis, and this range gives investors a snapshot of what management believes the underlying portfolio was worth at that date.
Sound Point Meridian Capital, Inc. has called its 2025 annual stockholder meeting for December 17, 2025 at 10:00 a.m. in New York to elect directors. Holders of common and preferred stock, with 20,496,910 common shares and 2,300,000 shares each of Series A and Series B preferred outstanding as of November 5, 2025, will vote together on independent Class I director Douglas T. Healy and preferred holders will separately vote on Class II director and CEO Ujjaval Desai.
The board has five members, three of whom are independent, and operates audit, nominating, and valuation oversight committees composed entirely of independent directors. Independent directors receive a $125,000 annual fee, with actual fiscal 2025 compensation ranging from $73,370 to $99,588. The external adviser earns a 1.75% base management fee on Total Equity Base plus a 20% incentive fee on pre-incentive fee net investment income, receiving $6,020,455 in base fees and $11,215,635 in incentive fees for the year ended March 31, 2025.
Major shareholders include SPMC Feeder Fund LP with 47.93% and AG Asset Strategies LLC with 25.76% of common stock, while Karpus Management, Inc. holds 18.19% of Series A and 53.03% of Series B preferred shares. The board unanimously recommends voting FOR each director nominee.
Sound Point Meridian Capital, Inc. filed an 8-K stating it issued a press release announcing financial results for the second fiscal quarter ended September 30, 2025, portfolio activity through October 31, 2025, and other updates.
The press release is furnished as Exhibit 99.1 and incorporated by reference.
Sound Point Meridian Capital, Inc. reported an unaudited estimate of its net asset value per share for common stock at $16.12 to $16.22 as of October 31, 2025. This range reflects management’s point-in-time assessment of the company’s portfolio value on a per-share basis and was disclosed under Other Events. The update offers a snapshot of intrinsic value for comparison with market pricing of the company’s equity securities.
Sound Point Meridian Capital, Inc. announced a planned CFO transition. The Board appointed Daniel Fabian to succeed Kevin Gerlitz as Chief Financial Officer, effective December 31, 2025. The change follows Mr. Gerlitz’s departure to pursue other opportunities on the same date.
Fabian joined Sound Point Capital Management in May 2025 and serves as Global CFO with 20+ years in asset management, previously President & COO at Alcentra. The company states there are no selection arrangements, no family relationships, and no related‑party transactions requiring disclosure for Fabian.
Sound Point Meridian Capital, Inc. reported that it has declared both common and preferred dividends for the fourth fiscal quarter of 2026.
The distributions cover the monthly periods ending January 30, 2026, February 27, 2026, and March 31, 2026. The announcement applies to the company’s common stock (NYSE: SPMC) and its preferred shares, including the 8.00% Series A Preferred Stock due 2029 (NYSE: SPMA) and the 7.875% Series B Preferred Stock due 2030 (NYSE: SPME). A press release with details was furnished as Exhibit 99.1.