Sound Point Meridian Capital, Inc.

Sound Point Meridian Capital, Inc.

SPME

NYSEFinancial ServicesAsset Management

Latest quote

$24.97

−$0.003 · -0.01%

SPME company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

Sound Point Meridian Capital, LLC, founded in 2022, functions as a closed-end investment management company based in the United States. Its primary investment strategy involves allocating capital to the equity and mezzanine tranches of collateralized loan obligations (CLOs). These CLOs, in turn, are backed by portfolios predominantly consisting of speculative-grade U.S. senior secured loans. The firm's headquarters are located in New York, New York.

Industry
Asset Management
Sector
Financial Services
Headquarters
US
CEO
Ujjaval Desai
Listed since
Jul 15, 2025
Employees
285

Market position

Day range

Current $24.97

52-week range

Current $24.97

Open
$24.94
Previous close
$24.973
Volume
1.31K
0.46× average
Average volume
2.82K
Average daily volume
Market cap
512.81M USD
Beta
1.2
Market reference 1
50-day average
$25.1089
-0.55% below average
200-day average
$25.0921
-0.49% below average
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