Filed pursuant to Rule 497
File No. 333-286054
Rule 482ad
Sound Point Meridian Capital Announces Offering
of Series B Preferred Shares
July 7, 2025
NEW YORK, July 7, 2025 – Sound Point Meridian
Capital, Inc. (the “Company”) (NYSE: SPMC), an externally managed closed-end fund focused on primarily investing in equity
and junior debt tranches of collateralized loan obligations, has commenced an underwritten public offering of its Series B Preferred Shares.
Certain financial and other terms of the Series B Preferred Shares are to be determined by negotiations between the Company and the underwriters.
The Series B Preferred Shares are rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency. In addition, the
Company plans to grant the underwriters a 30-day option to purchase additional Series B Preferred Shares on the same terms and conditions.
The Series B Preferred Shares are expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original
issue date under the ticker symbol “SPME”.
Oppenheimer & Co. Inc., B. Riley Securities,
Inc., Janney Montgomery Scott LLC, Lucid Capital Markets, LLC, and Piper Sandler & Co. are acting as joint bookrunners for the offering.
A.G.P./Alliance Global Partners LLC, Clear Street LLC, InspereX LLC, and R. Seelaus & Co., LLC are serving as co-managers for the
offering.
Investors should consider the Company’s
investment objectives, risks, charges, and expenses carefully before investing. The preliminary prospectus dated June 25, 2025, which
has been filed with the Securities and Exchange Commission (“SEC”), contains this and other information about the Company
and should be read carefully before investing. The information in the preliminary prospectus and this press release is not complete
and may be changed. The preliminary prospectus and this press release are not offers to sell these securities and are not soliciting an
offer to buy these securities in any state where such offer or sale is not permitted.
A registration statement relating to these securities
is on file with, and has been declared effective by, the SEC.
The offering may be made only by means of a
prospectus, copies of which may be obtained by writing Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad
Street, 26th Floor, New York, NY 10004, by telephone at (212) 667-8055, or by email at FixedIncomeProspectus@opco.com. Copies may also
be obtained by visiting EDGAR on the SEC’s website at www.sec.gov.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy the Series B Preferred Shares, nor shall there be any sale of Series B Preferred Shares in
any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification
under the securities laws of such jurisdiction.
Egan-Jones Ratings Company is a nationally recognized
statistical rating organization (NRSRO). A security rating is not a recommendation to buy, sell or hold securities, and any such rating
may be subject to revision or withdrawal at any time by the applicable rating agency.
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. The
Company’s public filings are available free of charge by writing to the Company at 375 Park Avenue, 34th Floor, New York, New York
10152, Attention: Investor Relations, or by telephone at (833) 217-6665.
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 prospectus and the Company’s other filings with the SEC. 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.
Source: Sound Point Meridian Capital, Inc.
Investor Relations:
Julie Smith – Sound Point Capital
(833) 217-6665
ir@soundpointmeridiancap.com
www.soundpointmeridiancap.com
NOT FDIC INSURED ● NO BANK GUARANTEE
● MAY LOSE VALUE
