---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-004024"
form_type: "8-K"
ticker: "SPMC"
cik: "0001930147"
company_name: "Sound Point Meridian Capital, Inc."
filed_at: "2025-05-29T23:59:59+00:00"
generated_at: "2026-05-20T06:44:40.964107+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001829126-25-004024
- form_type: 8-K
- ticker: SPMC
- cik: 0001930147
- company_name: Sound Point Meridian Capital, Inc.
- filed_at: 2025-05-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930147/000182912625004024/0001829126-25-004024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930147/000182912625004024/soundpointmeridian_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-004024
- JSON: https://secwatch.observer/filing/0001829126-25-004024.json
- Plain text: https://secwatch.observer/filing/0001829126-25-004024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.