Company: PDCC
Filing Date: 2025-07-18
Form Type: N-2
Source: 0001214659-25-010613
Chunk: 70

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-07-18
Form: N-2
Chunk 70
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 Measures.”

Our common stock price may be volatile and may decrease substantially.

The trading price of our common stock may fluctuate
substantially. The price of our common stock that will prevail in the market after this offering may be higher or lower than the price
you paid to purchase shares of our common stock, depending on many factors, some of which are beyond our control and may not be directly
related to our operating performance. These factors include the following:

| • | price and volume fluctuations in the overall stock market from time to time; |

| • | investor demand for shares of our common stock; |

| • | significant volatility in the market price and trading volume of securities of registered closed-end management                           
 investment companies or other companies in our sector, which are not necessarily related to the operating performance of these companies; |

| • | changes in regulatory policies or tax guidelines with respect to RICs or registered closed-end management 
 investment companies;                                                                                     |

| • | failure to qualify as a RIC, or the loss of RIC status; |

| • | any shortfall in revenue or net income or any increase in losses from levels expected by investors or 
 securities analysts;                                                                                  |

| • | changes, or perceived changes, in the value of our portfolio investments; |

| • | departures of any members of the Investment Team; |

| • | operating performance of companies comparable to us; or |

| • | general economic conditions and trends and other external factors. |

We and the Adviser could be the target of litigation.

We or the Adviser could become the target of securities
class action litigation or other similar claims if our stock price fluctuates significantly or for other reasons. The outcome of any such
proceedings could materially adversely affect our business, financial condition, and/or operating results and could continue without resolution
for long periods of time. Any litigation or other similar claims could consume substantial amounts of our management’s time and
attention, and that time and attention and the devotion of associated resources could, at times, be disproportionate to the amounts at
stake. Litigation and other claims are subject to inherent uncertainties, and a material adverse impact on our financial statements could
occur for the period in which the effect of an unfavorable final outcome in litigation or other similar claims becomes probable and reasonably
estimable. In addition, we could incur expenses associated with defending ourselves against litigation and other similar claims, and these
expenses could be material to our earnings in future periods.

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