SS

Silver Spike Investment CorpNASDAQ SSIC Stock Report

Last reporting period 30 Sep, 2023

Updated 22 Nov, 2024

Last price

Market cap $B

0.067

Micro

Exchange

XNAS - Nasdaq

SSIC Stock Analysis

SS

Uncovered

Silver Spike Investment Corp is uncovered by Eyestock quantitative analysis.

Market cap $B

0.067

Dividend yield

Shares outstanding

6.215 B

Website

Silver Spike Investment Corp. is a closed-end, non-diversified management investment company. It is formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. Its investment objective is to maximize risk-adjusted returns on equity for its shareholders. The Company intends to achieve its investment objective by investing primarily in secured debt, unsecured debt, equity warrants and direct equity investments in private leveraged middle-market cannabis companies and other companies in the health and wellness sector. The debt investments will often be secured by either a first or second priority lien on the assets of the portfolio company, can include either fixed or floating rate terms and generally have a term of between three and six years from the original investment date. Silver Spike Capital, LLC is the investment advisor of the Company.

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