8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 29, 2022

PALMER SQUARE CAPITAL BDC INC.

(Exact name of Registrant as Specified in Its Charter)

MARYLAND	814-01334	84-3665200
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1900 Shawnee Mission Parkway, Suite 315, Mission Woods, KS	66205
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (816) 994-3200

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol	Name of each exchange on which registered
N/A	N/A	N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b- 2 of the Securities Exchange Act of 1934.

Emerging growth company ☑

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

Palmer Square Capital BDC Inc. (the “Company”) is hosting a webinar for the Company’s existing stockholders. In connection with the stockholder presentation, the Company will review the information attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure.

The information in Item 2.02 of this Current Report on Form 8-K is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Palmer Square Capital BDC Inc. Information Slide, dated June 29, 2022

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Palmer Square Capital BDC Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PALMER SQUARE CAPITAL BDC INC.
Date:  June 29, 2022	By:	/s/ Jeffrey D. Fox
	Name:	Jeffrey D. Fox
	Title:	Chief Financial Officer

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EX-99.1

Exhibit 99.1

Past performance is no guarantee of future results. Time Weighted performance provides performance of the Fund based on Net Asset Value (NAV). Performance returns assume the reinvestment of all dividends. 1 Net Investment Income is the ratio of net investment income (loss) to average net assets and includes the waiver of incentive fees pre - listing. The ratio reflects an annualized amount. 2 NAV/Share is as of 5/31/2022. Performance assumes reinvestment of all dividends. P a l m e r S q u a r e C ap i t a l M a n a g e m e n t L L C ww w .p a l m e r s q u a r ec a p . c o m P a g e 4 For Accredited Investor Use Only. Not for Redistribution. i P a l m e r S q u a r e C a p i t a l B D C I n c . Palmer Square Capital BDC, Inc . ("Palmer potential for capital appreciation depend U nli k e m a n y o the r B D C s , w h o f o c u s o n i broadly - syndicated senior debt (first lien) . emphasizes flexibility, while still targeting S q u a ng o n v e s t i The a n a re BDC") will seek to maximize total return n market environments . ng in small/mid - sized companies, the Palm P a l m e r S q u a r e B DC w il l emp l o y P a l m e r Sq ttractive yield . , c o m e r Sq u a re ’ s prised of current income, with added u a r e B DC i s pr im ar i ly f o c u sed o n disciplined investment strategy which Fund Level Metrics (5/31/2022) Portfolio Credit Quality (5/31/2022) Portfolio Allocation (5/31/2022) Net Investment Income 1 8.05% BB 3% Bank Loans 96% A verage Price $93.87 B 86% CLO Equity 2% Debt to Equity Ratio 1.67x CCC 7% CLO Debt 1% N A V / Sha r e 2 $18.08 Please see Notes and Disclosure. Past performance is no guarantee of future results. Fund Performance Metrics as of 5/31/2022 (net of fees) Past performance is no guarantee of future results. Inception of the Palmer Square BDC is 1/23/2020. Time Weighted performance provides performance of Cumulative Return Since Inception the Fund based on Net Asset Value (NAV). Dollar Weighted performance provides Palmer Squa r e BDC - Dollar W eighted 8.29% th e actual 50 % o f who ne t o f fe e per s e capital formanc e of wa s calle d 1/2 a n initia l inve 3/202 0 and sto r i n the 50 % called Fun d sinc e inc 3/17/2020. eption, Palmer Squa r e BDC - T ime W eighted 3.61% Monthly Performance Net of Fees as of 5/31/2021 - Dollar Weighted Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD 2022 0.85% - 1.33% - 0.25% 0.10% - 7.43% - 8.03% 2021 1.89% 0.78% - 0.58% 0.63% 0.97% 0.29% - 0.24% 0.53% 1.17% 0.19% - 0.39% 1.07% 6.48% 2022 - 15.54% 7.40% 7.46% 1.13% 4.25% 1.89% 0.35% - 0.40% 3.30% 2.30% 10.58%