Sound Point Meridian Capital

SPMC

Market cap $210M

Drill hole ONED26-007 returns 12 m at 3.1 g/t Au, including 1 m at 18.1 g/t Au, at the new Megabe target; two rigs turning at Ontenu NE within the Osena Project, with a porphyry test being prepared at Ontenu Central; surface exploration and drill-target definition advancing at the Anga Project, adjacent to K92 Mining's operation; reconnaissance at May River secures community consent and site access Vancouver, British Columbia--(Newsfile Corp. - June 16, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") is pleased to report new high-grade gold drill results from its Ontenu NE project and to provide a corporate update across its portfolio of gold-copper exploration projects in Papua New Guinea ("PNG"). Drill hole ONED26-007, the first hole testing the new Megabe target at Ontenu NE, returned 12 m at 3.1 g/t Au, including 1 m at 18.1 g/t Au.

Sound Point Meridian Capital, Inc. (SPMC) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.66 per share a year ago.

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced results for the fourth fiscal quarter ended March 31, 2026. FOURTH FISCAL QUARTER ENDED MARCH 31, 2026 RESULTS Net asset value per share of common stock was $9.63 as of March 31, 2026. Net investment income (“NII”) was $7.0 million, or $.

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the second fiscal quarter 2027 (third calendar quarter of 2026). The Company is declaring a monthly distribution of $0.20 per share o.

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced it plans to release its financial results for its fourth fiscal quarter ended March 31, 2026 prior to the opening of the stock market on Wednesday, May 27, 2026, and discuss these results in a conference call at 2:00 p.m. ET. All interested parties.

We review the CEF market valuation and performance through the third week of February and highlight recent market action. CEF sector NAVs were stable, with price action mainly driven by tightening discounts. CLO Equity CEF OXLC experienced a 12% NAV drop in January, pressured by tighter loan spreads and sector-specific credit issues.

Sound Point Meridian Capital, Inc. (SPMC) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.62 per share a year ago.

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced the declaration of distributions on shares of the Company's common and preferred stock for the first fiscal quarter 2027 (second calendar quarter of 2026) and results for the third fiscal quarter ended December 31, 2025. The Company is d.

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced it plans to release its financial results for its third fiscal quarter ended December 31, 2025 prior to the opening of the stock market on Wednesday, February 11, 2026, and discuss these results in a conference call at 11:00 a.m. ET. All interested.

Sound Point Meridian Capital Inc. remains a Buy despite a -35% price drop and -23% total return since December 2024. SPMC trades at a -4.9% NAV discount and yields nearly 22% with a $0.25 monthly distribution declared through March 2026. 2025 saw CLO equity underperform due to market volatility, rising defaults, and sector-specific fears, but 2026 is expected to bring recovery.