secwatch.observer — SEC 8-K summary
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Issuer:     Sound Point Meridian Capital, Inc. (SPMC)
CIK:        0001930147
Form:       8-K
Filed at:   2026-05-27T11:05:32+00:00
Accession:  0001829126-26-005693
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sound Point Meridian Q4 GAAP net loss $74.7M ($3.63/sh); NAV per share $9.63
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- GAAP net loss of $74.7M ($3.63 per share) driven by $77.6M unrealized loss on CLO investments.
- Net investment income of $7.0M ($0.34 per share) on $15.1M investment income and $8.2M expenses.
- NAV per share $9.63 as of Mar 31, 2026; estimated $10.57 as of Apr 30, 2026 (unaudited).
- Declared monthly common stock distribution of $0.20 per share for Jul-Sep 2026; preferred distributions unchanged.
- Received $23.4M in cash distributions from portfolio; CLO equity portfolio yield 9.1% as of Mar 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1930147/000182912626005693/0001829126-26-005693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1930147/000182912626005693/soundpointmeridian_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-005693

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