SCHEDULE: Alaris Funds Report 8% Stake in Palmer Square BDC
Beneficial Ownership Report
Alaris Master Fund LP and Alaris Capital, LLC have reported a combined 8.0% beneficial ownership stake in Palmer Square Capital BDC Inc., totaling 2,517,527 common shares.
Summary
- Alaris Master Fund LP and Alaris Capital, LLC collectively hold 2,517,527 shares of Palmer Square Capital BDC Inc. common stock.
- This ownership represents 8.0% of the outstanding common stock of Palmer Square Capital BDC Inc.
- Both Alaris Master Fund LP and Alaris Capital, LLC share voting and dispositive power over all 2,517,527 shares.
- The reporting persons certified that the securities were not acquired or held for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.
- The event requiring this filing occurred on December 31, 2025.
Sentiment
Score: 5
Explanation: The filing is a routine beneficial ownership report (Schedule 13G Amendment), indicating a significant but passive stake. It does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects, but rather a factual disclosure of ownership.
Future Outlook
This filing is a beneficial ownership report and does not contain forward-looking statements or guidance from the issuer or reporting persons regarding future financial performance or strategic direction.
Industry Context
This filing indicates a significant passive investment by Alaris entities in Palmer Square Capital BDC Inc., a business development company. Such investments are common in the BDC sector, where institutional investors seek exposure to private credit and middle-market lending opportunities. The 8% stake suggests a notable position within the company's shareholder base.
Stakeholder Impact
- Shareholders: The disclosure of a significant 8.0% stake by Alaris entities provides transparency regarding the company's ownership structure and may be viewed as a vote of confidence by a large institutional investor.
- Management: Awareness of a substantial shareholder like Alaris may influence management's strategic decisions, though the filing states the stake is not for control purposes.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Date of event which requires the filing of this statement, indicating the beneficial ownership threshold was met or changed. |
| 01/07/2026 | Date the Schedule 13G Amendment No. 2 was signed and filed by Alaris Master Fund LP and Alaris Capital, LLC. |
Keywords
Palmer Square Capital BDC Inc., Alaris Master Fund LP, Alaris Capital LLC, Beneficial Ownership, Common Stock, Investment, BDC, SEC Filing, Schedule 13G
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