<SEC-DOCUMENT>0001213900-25-107271.txt : 20251106
<SEC-HEADER>0001213900-25-107271.hdr.sgml : 20251106
<ACCEPTANCE-DATETIME>20251106173425
ACCESSION NUMBER:		0001213900-25-107271
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251106
DATE AS OF CHANGE:		20251106

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Palmer Square Capital BDC Inc.
		CENTRAL INDEX KEY:			0001794776
		ORGANIZATION NAME:           	
		EIN:				843665200
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	814-01334
		FILM NUMBER:		251459757

	BUSINESS ADDRESS:	
		STREET 1:		1900 SHAWNEE MISSION PARKWAY
		STREET 2:		SUITE 315
		CITY:			MISSION WOODS
		STATE:			KS
		ZIP:			66205
		BUSINESS PHONE:		816-994-3200

	MAIL ADDRESS:	
		STREET 1:		1900 SHAWNEE MISSION PARKWAY
		STREET 2:		SUITE 315
		CITY:			MISSION WOODS
		STATE:			KS
		ZIP:			66205

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Alaris Master Fund LP
		CENTRAL INDEX KEY:			0001801082
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			MO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		4900 MAIN STREET
		STREET 2:		SUITE 600
		CITY:			KANSAS CITY
		STATE:			MO
		ZIP:			64112
		BUSINESS PHONE:		816-702-7100

	MAIL ADDRESS:	
		STREET 1:		4900 MAIN STREET
		STREET 2:		SUITE 600
		CITY:			KANSAS CITY
		STATE:			MO
		ZIP:			64112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Alaris Master Fund, LP
		DATE OF NAME CHANGE:	20200124
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Alaris Master Fund LP -->
          <cik>0001801082</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001794776</issuerCik>
      <issuerName>Palmer Square Capital BDC Inc.</issuerName>
      <secFileNumber>814-01334</secFileNumber>
      <issuerAddress>
        <com:street1>4900 MAIN STREET</com:street1>
        <com:street2>SUITE 600</com:street2>
        <com:city>KANSAS CITY</com:city>
        <com:stateOrCountry>MO</com:stateOrCountry>
        <com:zipCode>64112</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>816-994-3200</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Alaris Master Fund LP</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Stockholder</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley</name>
        <address>
          <com:street1>1585 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10036</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>657500</noOfUnitsSold>
      <aggregateMarketValue>8054375.00</aggregateMarketValue>
      <noOfUnitsOutstanding>31599372</noOfUnitsOutstanding>
      <approxSaleDate>11/06/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/23/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Investment</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>657500</amountOfSecuritiesAcquired>
      <paymentDate>01/23/2020</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Alaris Master Fund LP</name>
        <address>
          <com:street1>4900 MAIN STREET</com:street1>
          <com:street2>SUITE 600</com:street2>
          <com:city>KANSAS CITY</com:city>
          <com:stateOrCountry>MO</com:stateOrCountry>
          <com:zipCode>64112</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <saleDate>10/22/2025</saleDate>
      <amountOfSecuritiesSold>532350</amountOfSecuritiesSold>
      <grossProceeds>6686316.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>(1) Date of acquisition and payment reflect first date shares were acquired and paid for. Shares were acquired on multiple dates. (2) The shares sold during the past three months were sold in a privately negotiated transaction.</remarks>
    <noticeSignature>
      <noticeDate>11/06/2025</noticeDate>
      <signature>/s/ Hunter Armistead, CIO</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
