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8-K//Current report

Silver Point Specialty Lending Fund 8-K

Accession 0001193125-26-001070

CIK 0001646614operating

Filed

Jan 1, 7:00 PM ET

Accepted

Jan 2, 5:11 PM ET

Size

147.1 KB

Accession

0001193125-26-001070

Research Summary

AI-generated summary of this filing

Updated

Silver Point Specialty Lending Fund Implements 1-for-2 Reverse Split

What Happened

  • Silver Point Specialty Lending Fund filed a Certificate of Amendment with Maryland to implement a 1-for-2 reverse share split of its common shares, effective at the close of business on December 26, 2025. The Amendment is filed as Exhibit 3.1 to the 8-K.
  • Upon the Effective Time, every two issued and outstanding common shares were combined into one share and “each fractional share was reduced by half.” The reverse split did not change par value ($0.001), the number of authorized shares, voting rights, or any holder’s ownership percentage.
  • The Fund reported approximately 42,480,777 common shares outstanding immediately before the reverse split and approximately 21,240,388 outstanding immediately after. On December 27, 2025 the Board also declared a regular monthly dividend of $0.25 per share to holders of record as of December 31, 2025, payable January 30, 2026.

Key Details

  • Reverse split ratio: 1-for-2, effective December 26, 2025 (filed with Maryland Dept. of Assessment & Taxation).
  • Outstanding shares: ~42,480,777 before; ~21,240,388 after.
  • Dividend: $0.25 per share, record date Dec 31, 2025; pay date Jan 30, 2026.
  • Certificate of Amendment filed as Exhibit 3.1 to the Form 8-K.

Why It Matters

  • The reverse split reduces the number of shares outstanding and typically increases the per-share market price proportionally, but it does not change any shareholder’s proportional ownership, voting rights, par value, or the Fund’s authorized share count.
  • Investors should note the new share count and timing for the declared dividend (record date Dec 31, 2025; pay date Jan 30, 2026) when evaluating per-share metrics and trading positions after the split.