Palmer Square Capital BDC Inc.

Palmer Square Capital BDC Inc. is a Business Development Company regulated under the Investment Company Act of 1940 that invests in and lends to primarily U.S.-based private enterprises, providing significant managerial assistance and strategic guidance to portfolio company management teams. The Company maintains a diversified portfolio of illiquid securities of eligible private companies (at least 70% of assets) while holding the remainder in temporary investments such as cash and government securities, and may leverage its capital through debt and preferred stock offerings subject to regulatory asset coverage ratios. Palmer Square Capital Management LLC serves as the Company's investment advisor, and the Company qualifies as a Regulated Investment Company, allowing it to distribute investment income to shareholders without incurring corporate-level federal income tax provided it meets applicable distribution and diversification requirements.