Welcome to our dedicated page for Silver Spike Investment news (Ticker: $SSIC), a resource for investors and traders seeking the latest updates and insights on Silver Spike Investment stock.
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Silver Spike Investment Corp. (SSIC) reported total investment income of $2.8 million for the first quarter of 2024, with net investment income at $(0.1) million. The investment portfolio was valued at $54.8 million, and the net asset value per share decreased to $13.60. A cash dividend of $0.25 per share was declared, payable on June 28, 2024. The company entered into an agreement to acquire a loan portfolio in exchange for shares. The company anticipates increased activity in the cannabis capital markets and plans to deploy capital to new portfolio companies.