Company: PDCC
Filing Date: 2025-09-19
Form Type: 424B2
Source: 0001214659-25-013974
Chunk: 19

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-19
Form: 424B2
Chunk 19
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 at a price per share that is less than the price per share paid by investors in this offering, and investors purchasing
preferred shares or other securities in the future could have rights superior to existing stockholders. The price per share at which we
sell additional common stock, or securities convertible or exchangeable into our common stock, in future transactions may be higher or
lower than the price per share paid by investors in this offering.

Management will have broad discretion as to the use of the proceeds, if any, from this offering and may not use the proceeds effectively.

We cannot specify with certainty all of the particular
uses of the net proceeds, if any, of this offering. Our management will have significant flexibility in applying the net proceeds from
this offering, and you will not have the opportunity as part of your investment decision to assess whether the net proceeds are being
used appropriately. Investors may not agree with our decisions, and our use of the proceeds may not yield any return on your investment.
Because of the number and variability of factors that will determine our use of the net proceeds from this offering, their ultimate use
may vary substantially from their currently intended use. Our management may use the net proceeds for purposes that may not improve our
financial condition or market value. Our failure to apply the net proceeds of this offering effectively could impair our ability to pursue
our growth strategy or could require us to raise additional capital. Pending their use, we intend to invest the net proceeds from the
offering in temporary investments, such as cash, cash equivalents, U.S. government securities and other high-quality debt investments
that mature in one year or less. These investments may not yield a favorable return to our stockholders.

<div align='center'>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

All statements contained in or incorporated by
reference into this prospectus supplement or the accompanying prospectus, other than historical facts, may constitute “forward-looking
statements.” These statements may relate to, among other things, future events or our future operating results, actual and potential
conflicts of interest with the Adviser and its affiliates, and the adequacy of our financing sources and working capital, among other
factors. In some cases, you can identify forward-looking statements by terminology such as “estimate,” “may,”
“might,” “believe,” “will,” “provided,” “anticipate,” “future,”
“could,” “growth,” “plan,” “project,” “intend,” “expect,” “