Sound Point Meridian Q4 GAAP net loss $20.7M; NII $0.66/share

Sound Point Meridian Capital, Inc.

GAAP net loss of $20.7M ($1.02/share) on $32.3M unrealized loss; realized loss $1.7M.
Net investment income $13.4M ($0.66/share) from $22.7M investment income.
NAV per common share $18.78 at March 31, 2025; weighted avg CLO equity yield 14.0%.
Monthly common dividend $0.25/share and preferred $0.16667/share declared for July-September 2025.
Received $21.8M cash distributions and deployed $12.3M in one new CLO equity (15.6% GAAP yield).

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