Company: PDCC
Filing Date: 2025-09-16
Form Type: N-2/A
Source: 0001214659-25-013826
Chunk: 6

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-16
Form: N-2/A
Chunk 6
---
                  |  95 |
| DISTRIBUTION POLICY                               |  97 |
| DIVIDEND REINVESTMENT PLAN                        |  98 |
| CONFLICTS OF INTEREST                             | 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 |

<div align='center'>* * * * * *</div>

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