Stifel initiated coverage on Silver Spike Investment Corp. with a new price target
$SSIC
Finance: Consumer Services
Finance
Stifel initiated coverage of Silver Spike Investment Corp. with a rating of Hold and set a new price target of $14.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/1/2022 | $14.00 | Hold | Stifel |
| 3/1/2022 | $17.00 | Overweight | Piper Sandler |
| 3/1/2022 | Hold | Stifel |
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. ("SSIC" or the "Company") (NASDAQ:SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced the completion of its previously announced acquisition from Chicago Atlantic Loan Portfolio, LLC ("CALP") of a portfolio of loans (the "CALP Loan Portfolio") in exchange for newly issued shares of the Company's common stock (the "Loan Portfolio Acquisition"). As a result of the Loan Portfolio Acquisition, the Company has net assets of approximately $300 million and investments in 28 portfolio companies. In connection with the Loan Portfolio Acquisition, the Company
NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. ("SSIC" or the "Company") (NASDAQ:SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced that the stockholders of the Company have voted at the Company's special meeting of stockholders held today (the "Special Meeting") to approve the proposal related to the Company's acquisition from Chicago Atlantic Loan Portfolio, LLC ("CALP") of a portfolio of loans (the "CALP Loan Portfolio") in exchange for newly-issued shares of SSIC's common stock (the "Loan Portfolio Acquisition"). At the Special Meeting, the stockholders of the Company also voted to approve:
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. ("SSIC" or the "Company") (NASDAQ:SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the second quarter ended June 30, 2024. Quarter Ended 6/30/24 Highlights Total investment income of $3.1 millionNet investment income of $1.5 million, or $0.25 per shareInvestment portfolio of $53.4 million at fair valueNet asset value ("NAV") per share decreased from $13.60 on March 31, 2024 to $13.56 on June 30, 2024A cash dividend of $0.25 per share was declared. The dividend is payable on September 27, 2024 to stockholders of record on
8-K - Silver Spike Investment Corp. (0001843162) (Filer)
EFFECT - Silver Spike Investment Corp. (0001843162) (Filer)
424B3 - Silver Spike Investment Corp. (0001843162) (Filer)
3 - Silver Spike Investment Corp. (0001843162) (Issuer)
4 - Silver Spike Investment Corp. (0001843162) (Issuer)
4 - Silver Spike Investment Corp. (0001843162) (Issuer)
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. ("SSIC" or the "Company") (NASDAQ:SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the second quarter ended June 30, 2024. Quarter Ended 6/30/24 Highlights Total investment income of $3.1 millionNet investment income of $1.5 million, or $0.25 per shareInvestment portfolio of $53.4 million at fair valueNet asset value ("NAV") per share decreased from $13.60 on March 31, 2024 to $13.56 on June 30, 2024A cash dividend of $0.25 per share was declared. The dividend is payable on September 27, 2024 to stockholders of record on
NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. ("SSIC" or the "Company") (NASDAQ:SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced it will report financial results for its second quarter ended June 30, 2024, before market open on Friday, August 9, 2024. SSIC will host a conference call and webcast to discuss the Company's financial results at 8:00 a.m. Eastern Time on Friday, August 9, 2024. Participants may register for the call here. A live webcast of the call will also be available on the SSIC website at ssic.silverspikecap.com. A replay of the call will be available at ssic.silverspi
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. ("SSIC" or the "Company") (NASDAQ:SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the first quarter ended March 31, 2024. Quarter Ended 3/31/24 Highlights Total investment income of $2.8 millionNet investment income (loss) of $(0.1) million, or $(0.01) per shareInvestment portfolio of $54.8 million at fair valueNet asset value ("NAV") per share decreased from $13.77 on December 31, 2023 to $13.60 on March 31, 2024A cash dividend of $0.25 per share was declared. The dividend is payable on June 28, 2024 to stockholders of
Stifel initiated coverage of Silver Spike Investment Corp. with a rating of Hold and set a new price target of $14.00
Piper Sandler initiated coverage of Silver Spike Investment Corp. with a rating of Overweight and set a new price target of $17.00
Stifel initiated coverage of Silver Spike Inv with a rating of Hold
SC 13G/A - Silver Spike Investment Corp. (0001843162) (Subject)
SC 13G/A - Silver Spike Investment Corp. (0001843162) (Subject)
SC 13G - Silver Spike Investment Corp. (0001843162) (Subject)