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Sound Point Meridian Capital, LLC functions as a closed-end investment firm based in the United States. The company's primary investment strategy involves allocating capital to the equity and mezzanine layers of collateralized loan obligations (CLOs). These CLOs are backed by diversified pools of predominantly lower-rated, U.S. senior secured debt. Established in 2022, its operations are headquartered in New York, New York.
Sound Point Meridian Capital, Inc. (SPMC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Sound Point Meridian Capital, Inc. (NYSE: SPMC - Get Free Report) declared a monthly dividend on Wednesday, August 12th. Investors of record on Thursday, October 15th will be paid a dividend of $0.13 per share on Friday, October 30th. This represents a $1.56 dividend on an annualized basis and a yield of 20.3%. The ex-dividend date
Not for distribution to U.S. news wire services or dissemination in the United States. Vancouver, British Columbia--(Newsfile Corp. - September 23, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) ("South Pacific Metals", "SPMC" or the "Company") is pleased to announce that it has closed its previously announced best-efforts private placement of units (the "Offering"), led by BMO Capital Markets, for gross proceeds of C$20,008,810.
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") announces a correction to certain disclosure contained in its news releases dated June 5, 2026, June 16, 2026, and August 31, 2026 (collectively, the "Prior News Releases") concerning the online marketing agreement dated June 5, 2026, as amended (the "Marketing Agreement"), between the Company and i2i Marketing Group, LLC ("i2i"). Clarification of Securityholdings of i2i and its Authorized Individuals The Company's news releases dated June 5, 2026, and August 31, 2026, each stated that, to the knowledge of the Company, i2i does not have any interest, directly or indirectly, in the Company or its securities, nor any right or present intention to acquire such an interest.
Step-out drilling places SPMC on the upper margin of a potential large epithermal vein system; high-grade target drilling set to commence beneath ONED26-009 Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce assay results from five drill holes, ONED26-010 to ONED26-014, at its 100%-owned Osena Project, located immediately southwest of K92 Mining's Kainantu gold-copper mine in Papua New Guinea. The program involved step-out drilling along the Megabe structures, and a first test of an adjacent structure to the southwest.