Sound Point Meridian Capital, Inc.

Sound Point Meridian Capital, Inc. provided unaudited management estimates for its financial performance as of and for the quarter ended June 30, 2026. The company estimates its Net Asset Value per share to be between $9.83 and $9.93. Additionally, estimated Net Investment Income per share for the quarter is projected to be between $0.20 and $0.28, while estimated realized gain (loss) per share is expected to be between ($0.65) and ($0.57).

Sound Point Meridian Capital, Inc. announced management's unaudited estimate for its net asset value per share as of May 31, 2026. The estimated range for the common stock's NAV per share is between $10.57 and $10.67.

Sound Point Meridian Capital, Inc. announced its financial results for the fourth fiscal quarter ended March 31, 2026, reporting a GAAP net loss of $74.7 million, or ($3.63) per share, primarily due to a $77.6 million unrealized loss on investments. The net asset value per share was $9.63 as of March 31, 2026. However, the company also provided an unaudited estimated NAV per share of $10.57 as of April 30, 2026, indicating a recovery. Additionally, the company declared monthly distributions for its common and preferred stock for the upcoming quarter.

Sound Point Meridian Capital, Inc. announced the declaration of monthly distributions for its common and preferred stock for the second fiscal quarter 2027, covering July, August, and September 2026. The company will pay $0.20 per share on its common stock monthly. Additionally, it declared monthly distributions of $0.16667 per share for its 8.00% Series A Term Preferred Stock and $0.1640625 per share for its 7.875% Series B Term Preferred Stock.

Sound Point Meridian Capital, Inc. announced its unaudited estimated net asset value (NAV) per share for its common stock as of April 30, 2026. The company estimates the NAV per share to be in the range of $10.53 to $10.63.

Sound Point Meridian Capital, Inc. (SPMC) has provided management's unaudited estimates for key financial metrics for the quarter ended March 31, 2026. The company projects its Net Asset Value (NAV) per common share to be in the range of $9.58 to $9.68 as of quarter-end. Additionally, estimated net investment income (NII) for the first quarter is expected to be between $0.29 and $0.37 per common share. However, the company also anticipates a realized loss per common share ranging from ($0.37) to ($0.29) for the same period, indicating some portfolio depreciation or unfavorable asset sales.