{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-005101","form_type":"8-K","ticker":"SPMC","cik":"0001930147","company_name":"Sound Point Meridian Capital, Inc.","filed_at":"2025-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.633023+00:00","generated_at":"2026-05-18T06:01:46.742742+00:00","sec_items":["1.01","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sound Point Meridian Capital closes $57.5M 7.875% Series B Preferred Offering","bullets":["Issued and sold 2,300,000 shares at $25/share, including full exercise of underwriters' overallotment; gross proceeds $57.5M.","Series B Preferred pay monthly dividends at 7.875% annual rate ($1.96875/share/year); first dividend July 31, 2025.","Mandatory redemption at $25 plus accrued dividends on July 31, 2030; optional redemption at Company's option after July 31, 2027.","Preferred shares rank senior to common stock, equal with existing Series A Preferred, subordinate to secured indebtedness.","Shares listed on NYSE under symbol SPME; SS&C GIDS acts as transfer agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-005101","json":"https://secwatch.observer/filing/0001829126-25-005101.json","markdown":"https://secwatch.observer/filing/0001829126-25-005101.md","text":"https://secwatch.observer/filing/0001829126-25-005101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930147/000182912625005101/0001829126-25-005101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930147/000182912625005101/soundpointmeridian_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:01:46.742742+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"68fa297b8553285cdca2a77004626deb35a8aa3c","claim":"Sound Point Meridian Capital, Inc.: Filed Certificate of Designation for Series B Preferred Shares, as amended by Certificate of Correction, designating 2,300,000 shares with specific terms (effective 2025-07-11).","evidence_excerpt":"On July 11, 2025, the Company filed with the Secretary of State of the State of Delaware the Certificate of Designation for the Series B Preferred Shares, as amended by the Certificate of Correction filed with the Secretary of State of the State of Delaware on July 16, 2025, which designates a total of 2,300,000 Series B Preferred Shares","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1930147/000182912625005101/0001829126-25-005101-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-07-11"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}