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Stock impact report

Silver Spike Investment Corp. Announces a Broadening of Its Investment Strategy [Yahoo! Finance]

Silver Spike Investment Corp. (SSIC) 
Company Research Source: Yahoo! Finance
company that has elected to be treated as a business development company, today announced that the board of directors of Silver Spike has unanimously approved an expansion of Silver Spike's investment strategy to permit investments in companies outside of the cannabis and health and wellness sectors that otherwise meet the Company's current investment criteria. While the cannabis sector will continue to be a focus of Silver Spike's investment efforts, Silver Spike believes that the broadened investment strategy will benefit Silver Spike and its stockholders by enabling Silver Spike to take advantage of investment opportunities outside of the cannabis and health and wellness sectors that offer attractive risk-adjusted returns. The investment strategy change is expected to become effective on or about April 22, 2024. About Silver Spike Investment Corp. Silver Spike is a specialty finance company that has elected to be regulated as a business development company under the Investm Show less Read more
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