---
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"
generated_at: "2026-08-12T11:05:33.382673+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPMC reports Q1 FY27 NAV $9.88, NII $0.24/sh; declares $0.13 monthly distribution

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-008651
- JSON: https://secwatch.observer/filing/0001829126-26-008651.json
- Plain text: https://secwatch.observer/filing/0001829126-26-008651.txt

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