Company: PDCC
Filing Date: 2025-09-16
Form Type: N-2/A
Source: 0001214659-25-013826
Chunk: 76

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-16
Form: N-2/A
Chunk 76
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 material and adverse effect on our performance. There can be no assurance
that the professional personnel of the Adviser will continue to serve in their current positions or continue to be employed by the Adviser.
We can offer no assurance that their services will be available for any length of time or that the Adviser will continue indefinitely
as our Adviser.

The Adviser and the Administrator each has the right to resign on 90 days’ notice, and we may not be able to find a suitable replacement within that time, resulting in a disruption in our operations that could adversely affect our financial condition, business and results of operations.

The Adviser has the right, under the Investment
Advisory Agreement, and the Administrator has the right under the Services Agreement, to resign at any time upon 90 days’ written
notice, whether we have found a replacement or not. If the Adviser or the Administrator resigns, we may not be able to find a new investment
adviser or hire internal management, or find a new administrator, as the case may be, with similar expertise and ability to provide the
same or equivalent services on acceptable terms within 90 days, or at all. If we are unable to do so quickly, our operations are likely
to experience a disruption, our financial condition, business, and results of operations, as well as our ability to make distributions
to our stockholders and other payments to securityholders, are likely to be adversely affected, and the market price of our securities
may decline. In addition, the coordination of our internal management and investment activities is likely to suffer if we are unable to
identify and reach an agreement with a single institution or group of executives having the expertise possessed by the Adviser and the
Administrator and their affiliates. Even if we are able to retain comparable management and administration, whether internal or external,
the integration of such management and their lack of familiarity with our investment objectives and operations would likely result in
additional costs and time delays that may adversely affect our financial condition, business, and results of operations.

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Our success will depend on the ability of the Adviser to attract and retain qualified personnel in a competitive environment.

Our growth will require that the Adviser attract
and retain new investment and administrative personnel in a competitive market. The Adviser’s ability to attract and retain personnel
with the requisite credentials, experience, and skills will depend on several factors including its ability to offer competitive compensation,
benefits, and professional growth opportunities. Many of the entities,