Silver Spike Investment Corp. (SSIC)

$9.68

-0.29 (-2.91%)
Rating:
Recommendation:
-
Symbol SSIC
Price $9.68
Beta 0.000
Volume Avg. 0.01M
Market Cap 60.158M
Shares () -
52 Week Range 7.7-15.4
1y Target Est -
DCF Unlevered SSIC DCF ->
DCF Levered SSIC LDCF ->
ROE -2.67% Neutral
ROA -660379.21% Strong Sell
Operating Margin -
Debt / Equity 0.64% Neutral
P/E -
P/B 0.71 Buy
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Healthcare
Drug Manufacturers—Specialty & Generic
NASDAQ Global Market

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.