Fundz
Following Silver Spike Investment Corp?

Get the free weekly contract digest

The latest new contracts, like Silver Spike Investment Corp’s — who’s behind them and what they mean, delivered to your inbox every week. No credit card, unsubscribe anytime.

Weekly Digest

New new contracts, summarized for you

Straight to Inbox

No login, no app to check — it comes to you

Contract Trends

See who's moving and how much in your market

No credit card required Weekly contract digest

Silver Spike Investment Corp. Stockholders Approve Loan Portfolio Acquisition

Sep 23, 2024almost 2 years ago

Contract Type

agreement

New YorkFinancial ServicesFinanceLending

Description

Today, Silver Spike Investment Corp. announced that its stockholders have voted to approve the acquisition of a loan portfolio from Chicago Atlantic Loan Portfolio, LLC in exchange for newly-issued shares of the company's common stock. The stockholders also approved the election of new members to the board of directors and a new investment advisory agreement.

Company Information

Company

Silver Spike Investment Corp

Location

New York, United States

About

Silver Spike Investment Corp. (Nasdaq: SSIC) is a specialty finance company that has elected to be treated as a business development company. The company is focused on the acquisition of a sizeable portfolio of loans from Chicago Atlantic Loan Portfolio, LLC, in line with its new, broadened investment strategy. The company expects the acquisition to enhance value for its stockholders and to achieve greater scale, trading liquidity, and access to capital markets.

Predictive Intelligence
Strategic

ML-powered predictions for Silver Spike Investment Corp's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.