Company: PDCC
Filing Date: 2025-09-19
Form Type: 424B2
Source: 0001214659-25-013974
Chunk: 238

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-19
Form: 424B2
Chunk 238
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returns. Instances in which the Company may use futures contracts and related options for risk management purposes include: (i) attempting
to offset changes in the value of securities held or expected to be acquired or be disposed of; (ii) attempting to minimize fluctuations
in foreign currencies; (iii) attempting to gain exposure to a particular market, index or instrument; or (iv) other risk management purposes.
The Company may use futures contracts for cash equitization purposes, which allows the Company to invest consistent with its investment
strategy while managing daily cash flows, including significant client inflows and outflows.

There are significant risks
associated with the Company’s use of futures contracts and options on futures contracts, including: (i) the success of a hedging
strategy may depend on the Adviser’s ability to predict movements in the prices of individual securities, fluctuations in markets
and movements in interest rates; (ii) there may be an imperfect or no correlation between the changes in market value of the securities
held by the Company and the prices of futures and options on futures; (iii) there may not be a liquid secondary market for a futures contract
or option; (iv) trading restrictions or limitations may be imposed by an exchange; and (v) government regulations or exchange requirements
may restrict trading in futures contracts and options on futures contracts. In addition, some strategies reduce the Company’s exposure
to price fluctuations, while others tend to increase its market exposure.

Options. The Company
may purchase and write put and call options on indexes and enter into related closing transactions. A put option on a security gives the
purchaser of the option the right to sell, and the writer of the option the obligation to buy, the underlying security at any time during
the option period, or for certain types of options, at the conclusion of the option period or only at certain times during the option
period. A call option on a security gives the purchaser of the option the right to buy, and the writer of the option the obligation to
sell, the underlying security at any time during the option period, or for certain types of options, at the conclusion of the option period
or only at certain times during the option period. The premium paid to the writer is the consideration for undertaking the obligations
under the option contract.

The Company may purchase
and write put and call options on foreign currencies (traded on U.S. and foreign exchanges or OTC markets) to manage its exposure to exchange
rates.

Put and call