Company: PDCC
Filing Date: 2025-09-16
Form Type: N-2/A
Source: 0001214659-25-013826
Chunk: 187

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-16
Form: N-2/A
Chunk 187
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majority of our common stockholders, (3) upon the conversion of a convertible security in accordance with its terms or (4) under such
circumstances as the Securities and Exchange Commission, or the “SEC”, may permit. The price at which securities may be distributed
may represent a discount from prevailing market prices.

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In connection with the sale of the securities,
underwriters or agents may receive compensation from us or from purchasers of the securities, for whom they may act as agents, in the
form of discounts, concessions or commissions. Our common stockholders will indirectly bear such fees and expenses as well as any other
fees and expenses incurred by us in connection with any sale of securities. Underwriters may sell the securities to or through dealers
and such dealers may receive compensation in the form of discounts, concessions or commissions from the underwriters and/or commissions
from the purchasers for whom they may act as agents. Underwriters, dealers and agents that participate in the distribution of the securities
may be deemed to be underwriters under the Securities Act, and any discounts and commissions they receive from us and any profit realized
by them on the resale of the securities may be deemed to be underwriting discounts and commissions under the Securities Act. Any such
underwriter or agent will be identified and any such compensation received from us will be described in the applicable prospectus supplement.
The maximum aggregate commission or discount to be received by any member of the Financial Industry Regulatory Authority or independent
broker-dealer will not be greater than 8% of the gross proceeds of the sale of securities offered pursuant to this prospectus and any
applicable prospectus supplement. We may also reimburse the underwriter or agent for certain fees and legal expenses incurred by it.

Any underwriter may engage in overallotment, stabilizing
transactions, short-covering transactions and penalty bids in accordance with Regulation M under the Exchange Act. Overallotment involves
sales in excess of the offering size, which create a short position. Stabilizing transactions permit bids to purchase the underlying security
so long as the stabilizing bids do not exceed a specified maximum price. Syndicate-covering or other short-covering transactions involve
purchases of the securities, either through exercise of the overallotment option or in the open market after the distribution is completed,
to cover short positions. Penalty bids permit the underwriters to reclaim a selling concession from a dealer when the securities originally
sold by the dealer are purchased in a stabilizing or covering transaction to cover