Welcome to our dedicated page for Sound Point Meridian Capital SEC filings (Ticker: SPMC), 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 Sound Point Meridian Capital, Inc. (NYSE: SPMC), an externally managed, non-diversified closed-end management investment company. The company has registered as an investment company under the Investment Company Act of 1940, as amended, and its common stock and preferred shares (SPMA and SPME) are registered under Section 12(b) of the Securities Exchange Act of 1934, as reflected in its Form 8-K disclosures.
Through its SEC filings, Sound Point Meridian Capital reports information relevant to its CLO-focused investment strategy and capital structure. Current reports on Form 8-K have disclosed items such as quarterly financial results, management’s unaudited estimates of net asset value (NAV) per share as of specific month-end dates, and the declaration of common and preferred stock distributions. Filings also document capital markets transactions, including offerings of preferred shares, and corporate governance developments such as the appointment of a new Chief Financial Officer.
Investors reviewing SPMC filings can expect to find details on net investment income (NII), realized and unrealized gains or losses on investments, GAAP net income or net loss, and portfolio metrics such as the weighted average effective yield of the CLO equity portfolio and look-through exposure to underlying loans or corporate obligors. The company’s disclosures also identify its 8.00% Series A Preferred Stock due 2029 and 7.875% Series B Preferred Stock due 2030, along with their New York Stock Exchange trading symbols.
On Stock Titan, these filings are updated as they are made available on EDGAR, and AI-powered tools can help summarize lengthy documents such as current reports and other SEC submissions. This allows readers to quickly understand key points from Sound Point Meridian Capital’s regulatory disclosures, including distribution declarations, portfolio updates, and material events reported under specific items of Form 8-K, while retaining the ability to review the full original filings for complete detail.
Sound Point Meridian Capital, Inc. ("SPMC") filed Post-Effective Amendment No. 2 to its Form N-2 registration statement (File Nos. 333-284364 & 811-23881) on 24 June 2025.
The amendment, filed pursuant to Rule 462(d) under the Securities Act, adds one exhibit only and expressly states that it does not modify any other portion of the registration statement. Because Rule 462(d) filings become effective upon submission, SPMC’s shelf registration remains in force without delay.
Key details:
- Registrant type: Registered closed-end fund; new registrant (< 12 months).
- Shelf status: Securities may be offered on a delayed/continuous basis under Rule 415.
- Exhibit list: 28 items, including a Certificate of Designation for 8.00% Series A Preferred Shares due 2029, Investment Advisory Agreement, and multiple registration-rights agreements.
- Issuance & distribution cost estimates: Total $350,000, driven primarily by legal fees ($235,000) and accounting fees ($75,000).
- No changes to previously incorporated audited and unaudited financial statements.
The filing is largely administrative and does not introduce new financial results, capital raises, or strategic changes.
Sound Point Meridian Capital filed an amended Annual Report for the period from June 13, 2024 (IPO) to March 31, 2025. The company, a closed-end management investment company, focuses on generating high current income by investing in CLO equity and mezzanine tranches.
Key financial highlights:
- Distributed $2.08 per common share with total market return of 10.52%
- Deployed $291.8 million in new CLO investments and sold $77.1 million
- Net Investment Income of $2.22 per share
- NAV decreased from $19.99 to $18.78 per share
- Secured $100 million revolving credit facility at SOFR+3.75%
- Issued $57.5 million Series A Preferred Shares at 8.00%
Portfolio consists of over 75 CLO investments managed by 23 managers, with exposure to 1,500+ loan issuers across 30+ sectors. Company maintains 24.5% leverage with target range of 30-35% of total assets.