Silver Spike Investment Q4: This Cannabis BDC Looks Poised For Growth [Seeking Alpha]
Silver Spike Investment Corp. (SSIC)
Company Research
Source: Seeking Alpha
The company reported solid financial numbers for its first full year of operations, with net investment and total investment income growing quarter-over-quarter and year-over-year. Silver Spike recently entered into an agreement with Chicago Atlantic, which is expected to increase scale, liquidity, and portfolio diversification. Although the share price has appreciated nearly 25% since February, the stock still trades at a double-digit discount to its NAV price of $13.77. Introduction There's a lot of uncertainty surrounding the cannabis industry right now. But more and more states seem to be legalizing cannabis and the industry is expected to grow at a rapid pace over the next few years. If you believe in its the growth outlook, then Silver Spike Investment Corp. ( NASDAQ: SSIC ) may be one worth considering. This is the only business development company currently in the sector but as the industry grows, I expect more to emerge. Additionally, major players within the secto
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SSIC
News
- Silver Spike Investment Corp. Announces First Quarter 2024 Financial Results Conference CallGlobeNewswire
- Silver Spike Investment Corp. (NASDAQ:SSIC) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Silver Spike Investment Corp. Reports Fiscal Year End 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Silver Spike Investment Corp. Reports Fiscal Year End 2023 Financial ResultsGlobeNewswire
- Silver Spike Investment Corp. Announces Fiscal Year End 2023 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
SSIC
Earnings
- 3/27/24 - In-Line
SSIC
Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- SSIC's page on the SEC website