{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-26-008651","form_type":"8-K","ticker":"SPMC","cik":"0001930147","company_name":"Sound Point Meridian Capital, Inc.","filed_at":"2026-08-12T11:00:31+00:00","discovered_at":"2026-08-12T11:05:00.426044+00:00","generated_at":"2026-08-12T11:05:33.382673+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SPMC reports Q1 FY27 NAV $9.88, NII $0.24/sh; declares $0.13 monthly distribution","bullets":["Q1 FY27 (June 30, 2026): NAV $9.88/sh; NII $5.1M ($0.24/sh); GAAP net income $17.5M ($0.83/sh).","Realized loss $12.8M, unrealized gain $25.2M; CLO equity portfolio yield 9.8%.","Declared monthly common distribution $0.13 for Oct/Nov/Dec 2026; preferred distributions at 8.00% and 7.875% rates.","Fee waiver: base management fee cut from 1.75% to 1.50%; incentive fee from 20% to 15% for Jul-Dec 2026.","July 31, 2026 estimated NAV per share range $9.56-$9.66; received $16.1M cash distributions from portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-008651","json":"https://secwatch.observer/filing/0001829126-26-008651.json","markdown":"https://secwatch.observer/filing/0001829126-26-008651.md","text":"https://secwatch.observer/filing/0001829126-26-008651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930147/000182912626008651/0001829126-26-008651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930147/000182912626008651/soundpointmeridian_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-12T11:05:33.382673+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}