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. announced financial results for its fourth fiscal quarter ended March 31, 2026 and discussed additional portfolio activity through April 30, 2026. The company is a closed-end investment firm focused on CLO equity and mezzanine tranches backed by U.S. leveraged loans.
The company scheduled a conference call at 2:00 p.m. Eastern Time on May 27, 2026, with telephone and webcast access and an accompanying slide presentation available in the Events and Presentations section of its website.
Sound Point Meridian Capital, Inc. declared monthly cash distributions on its common and preferred stock for its second fiscal quarter 2027 (third calendar quarter 2026). Common shareholders will receive $0.20 per share on July 31, August 31, and September 30, 2026, with record dates on July 15, August 14, and September 15, 2026.
Holders of the 8.00% Series A Term Preferred Stock due 2029 will receive $0.16667 per share monthly on the same payable and record dates, reflecting an 8.00% annual rate on the $25.00 liquidation preference. Holders of the 7.875% Series B Term Preferred Stock due 2030 will receive $0.1640625 per share monthly on the same schedule, reflecting a 7.875% annual rate on the $25.00 liquidation preference.
Sound Point Meridian Capital, Inc. filed an update providing an unaudited estimate of its net asset value per share. Management estimated that the net asset value per share of the company’s common stock as of April 30, 2026 was between $10.53 and $10.63. This range gives investors a current snapshot of the portfolio value backing each share.
AG Asset Strategies LLC, an affiliate of Assured Guaranty, reported an open-market purchase of Common Shares of Beneficial Interest of Sound Point Meridian Capital, Inc.
The entity bought 242,718.447 shares at an average price of $24.72 per share. After this transaction, it indirectly held a total of 1,002,718.447 shares, with indirect beneficial ownership attributed through the Assured Guaranty corporate structure as described in the footnote.
Sound Point Meridian Capital, Inc. provided unaudited estimates for its net asset value and key performance metrics as of and for the quarter ended March 31, 2026.
Management estimates net asset value per share between $9.58 and $9.68. For the same quarter, estimated net investment income ranges from $0.29 to $0.37 per share of common stock, while estimated realized results indicate a net loss between $(0.37) and $(0.29) per share.
Sound Point Meridian Capital, Inc. filed an update providing management’s unaudited estimate of the net asset value (NAV) per share of its common stock. As of February 28, 2026, NAV per share was estimated to be in a range between $10.43 and $10.53. This NAV range reflects management’s internal calculation of the value of the company’s assets minus its liabilities on a per-share basis and is meant to give investors an updated view of the underlying value supporting the common stock.
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 $11.40 per share. Following this transaction, his directly held stake increased to 93,090 shares.
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.