secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sound Point Meridian Capital, Inc. (SPMC)
CIK:        0001930147
Form:       8-K
Filed at:   2025-05-29T23:59:59+00:00
Accession:  0001829126-25-004024
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1930147/000182912625004024/0001829126-25-004024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1930147/000182912625004024/soundpointmeridian_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-004024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer