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Sound Point Acquisition I Priced, Nasdaq: SPCMU

Blank check company formed by Sound Point targeting the credit markets (liquidated).

Industry: SPAC

First Day Return: +0.5%

We are a newly organized blank check company. Our sponsor, Sound Point Acquisition Sponsor I, LLC, is an affiliate of Sound Point. Founded in 2008 by Stephen Ketchum, Sound Point is an alternative asset manager with approximately $29.9 billion in assets under management (“AUM”) as of November 30, 2021. Sound Point has deep investing expertise across various credit strategies, including performing credit, stressed and distressed investing, alternative lending, direct lending, structured products, specialty financing and commercial real estate. Private investors are able to access Sound Point’s strategies through its collateralized loan obligations (“CLOs”), commingled funds, drawdown vehicles and separately managed accounts. Sound Point is focused on preserving investor capital and delivering consistent and strong risk-adjusted returns with low volatility across market cycles. Founder and Chief Investment Officer, Stephen Ketchum, brings over 31 years of experience in credit investing, structuring and advisory and leads a team of over 65 investment professionals with deep experience in the credit markets.

Sound Point Acquisition I (SPCMU) Performance

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