Company: PDCC
Filing Date: 2025-09-19
Form Type: 424B2
Source: 0001214659-25-013974
Chunk: 170

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-19
Form: 424B2
Chunk 170
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 95%
of the then-current market price of the shares of common stock. The valuation date is the dividend or distribution payment date or, if
that date is not a NYSE trading day, the next preceding trading day. If the net asset value of the shares of common stock at the time
of valuation exceeds the market price of the shares of common stock, the DRIP Administrator will buy the shares of common stock for the
DRIP in the open market, on the NYSE or elsewhere, for the participants’ accounts, except that the DRIP Administrator will endeavor
to terminate purchases in the open market and cause the Company to issue shares of common stock at the greater of net asset value or 95%
of market value if, following the commencement of such purchases, the market value of the shares of common stock exceeds net asset value.
If the Company should declare a distribution or capital gains distribution payable only in cash, the DRIP Administrator will buy the shares
of common stock for the DRIP in the open market, on the NYSE or elsewhere, for the participants’ accounts. There is no charge from
the Company for reinvestment of dividends or distributions in shares of common stock pursuant to the DRIP and no brokerage charges will
be incurred with respect to shares of common stock issued directly by the Company pursuant to the DRIP; however, all participants will
pay a pro rata share of brokerage commissions incurred by the DRIP Administrator when it makes open-market purchases. There are no brokerage
charges with respect to shares of common stock issued directly by us. However, whenever shares are purchased or sold on the NYSE or otherwise
on the open market, each participant will pay a pro rata portion of brokerage trading fees, currently $0.03 per share purchased or sold.
Brokerage trading fees will be deducted from amounts to be invested.

Holders of our common stock can also sell shares
held in the DRIP account at any time by contacting the DRIP Administrator in writing at SS&C GIDS, Inc., c/o Pearl Diver Credit Company,
P.O. Box 219047, Kansas City, Missouri 64121-9047. The DRIP Administrator will mail a check to such holder (less applicable brokerage
trading fees) on the settlement date, which is three business days after the shares have been sold. If a stockholder chooses to sell its
shares through a broker, the holder will need to request that the DRIP Administrator electronically transfer their shares to the broker
through the Direct