Here are the DEF 14A proxy statements from Sound Point Meridian Capital, Inc. 7.875% Series B Preferred Shares due 2030 (SPME) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow SPME and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SPME filings page.
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.