Company: PDCC
Filing Date: 2025-09-19
Form Type: 424B2
Source: 0001214659-25-013974
Chunk: 5

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-19
Form: 424B2
Chunk 5
---
100 |
| Affiliations of the Adviser and the Administrator                      | 100 |
| Other Accounts                                                         | 101 |
| Allocations of Opportunities                                           | 101 |
| Valuation                                                              | 101 |
| Co-Investments and Related Party Transactions                          | 102 |
| Material Non-Public Information                                        | 102 |
| Code of Ethics and Compliance Procedures                               | 102 |
| U.S. FEDERAL INCOME TAX MATTERS                                        | 103 |
| Important U.S. Federal Income Tax Considerations Affecting Us          | 104 |
| Taxation of Stockholders                                               | 110 |
| DESCRIPTION OF OUR CAPITAL STOCK                                       | 115 |
| Common Stock                                                           | 115 |
| Preferred Stock                                                        | 116 |
| BOOK-ENTRY ISSUANCE                                                    | 117 |
| PLAN OF DISTRIBUTION                                                   | 119 |
| PROVISIONS OF THE DGCL AND OUR CERTIFICATE OF INCORPORATION AND BYLAWS | 121 |
| Potential Conversion to Open-End Fund                                  | 125 |
| Repurchase of Shares and Other Discount Measures                       | 126 |
| REGULATION AS A CLOSED-END MANAGEMENT INVESTMENT COMPANY               | 126 |
| INCORPORATION BY REFERENCE                                             | 128 |

| S-vi |

<div align='center'>ABOUT THIS PROSPECTUS SUPPLEMENT</div>

This document is in two parts. The first part
is this prospectus supplement, which describes the specific details regarding this offering and also adds to and updates information contained
in the accompanying prospectus and the documents incorporated by reference into this prospectus supplement and the accompanying prospectus.
The second part is the accompanying prospectus, which provides general information about us and the securities we may offer from time
to time, some of which may not apply to this offering. To the extent the information contained in this prospectus supplement differs from
the information contained in the accompanying prospectus or the information included in any document filed prior to the date of this prospectus
supplement and incorporated by reference in this prospectus supplement and the accompanying prospectus, the information in this prospectus
supplement shall control. Generally, when we refer to this “prospectus,” we are referring to both this prospectus supplement
and the accompanying prospectus combined, together with any free writing prospectus that we have authorized for use in connection with
this offering.

You should rely only on the information contained or incorporated by reference in this prospectus. We have not authorized any