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Sound Point Meridian Capital Inc SPMC NYSE

NYSE • Financial Services • Asset Management • US • USD

SharesGrow Score
61/100
3/7 Pass
SharesGrow Intrinsic Value
$40.11
+301.9%
Analyst Price Target
$15.00
+50.3%

Sound Point Meridian Capital Inc (SPMC) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in New York City, DE, United States. The current CEO is Ujjaval Desai.

SPMC has IPO date of 2024-06-14, listed on the NYSE, a market capitalization of $204.96M.

About Sound Point Meridian Capital Inc

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.

📍 375 Park Avenue, New York City, DE 10152 📞 212 895 2280
Company Details
SectorFinancial Services
IndustryAsset Management
CountryUnited States
ExchangeNYSE
CurrencyUSD
IPO Date2024-06-14
CEOUjjaval Desai
Trading Info
Current Price$9.98
Market Cap$204.96M
52-Week Range8.36-20.2
Beta0.68
ETFNo
ADRNo
CUSIP83617A108
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