Company: PDCC
Filing Date: 2025-07-18
Form Type: N-2
Source: 0001214659-25-010613
Chunk: 5

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-07-18
Form: N-2
Chunk 5
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 PROVISIONS OF THE DGCL AND OUR CERTIFICATE OF INCORPORATION AND BYLAWS | 103 |
| Potential Conversion to Open-End Fund                                  | 107 |
| Repurchase of Shares and Other Discount Measures                       | 107 |
| REGULATION AS A CLOSED-END MANAGEMENT INVESTMENT COMPANY               | 108 |

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You should rely only on the information contained
or incorporated by reference in this prospectus. We have not authorized any other person to provide you with different information. If
anyone provides you with different or inconsistent information, you should not rely on it. We are not making an offer to sell these securities
in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this prospectus is accurate
only as of the date on the front cover of this prospectus. Our business, financial condition and results of operations may have changed
since the date of this prospectus. We will notify stockholders promptly of any material change to this prospectus during the period in
which we are required to deliver the prospectus.

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

This prospectus is part of a registration statement
that we have filed with the SEC using the “shelf” registration process. Under the shelf registration process, we may offer
from time to time up to $200,000,000 of our common stock on the terms to be determined at the time of the offering. We may sell our securities
through underwriters or dealers, “at-the-market” to or through a market maker, into an existing trading market or otherwise
directly to one or more purchasers or through agents or through a combination of methods of sale. The identities of such underwriters,
dealers, market makers or agents, as the case may be, will be described in one or more supplements to this prospectus. The securities
may be offered at prices and on terms described in one or more supplements to this prospectus. Each time we use this prospectus to offer
securities, we will provide a prospectus supplement that will contain specific information about the terms of that offering. The prospectus
supplement may also add, update or change information contained in this prospectus, and the prospectus and prospectus supplement will
together serve as the prospectus.

This prospectus provides you with a general description
of the securities that we may offer.

Please carefully read this prospectus