A first small purchase

One of our companies, which is currently a dormant limited company, has some excess liquidity that we have placed on the New York stock exchange. The development of these investments has been very good so far.

Today we made an initial minor acquisition in Sound Point Meridian Capital, Inc. 8.00% Series A Preferred Shares Due 2029 (SPMA) for some of the accumulated dividends we have received. We have additional capital tied up in the above-mentioned company that may be released within the next 30 days. Should this happen, we will likely invest them on the New York Stock Exchange.

AI generated image with Grok