UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________________
FORM
____________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 2.02 Results of Operations and Financial Condition.
On April 25, 2024, Silver Spike Investment Corp. (“SSIC”) issued a press release announcing that it will (i) report its financial results for the first quarter ended March 31, 2024 before market open on Friday, May 10, 2024, and (ii) discuss those financial results in an earnings conference call and webcast at 8:00 a.m. Eastern Time on Friday, May 10, 2024. This press release is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed “filed” for any purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section. The information in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description | |
| 99.1 | Press Release dated April 25, 2024 | |
| 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Silver Spike Investment Corp. | |||
| May 1, 2024 | |||
| By: | /s/ Umesh Mahajan | ||
| Name: | Umesh Mahajan | ||
| Title: | Chief Financial Officer | ||
Exhibit 99.1
Silver Spike Investment Corp. Announces First Quarter 2024 Financial Results Conference Call
NEW YORK,
April 25, 2024 (GLOBE NEWSWIRE)— Silver Spike Investment Corp. (“SSIC” or
the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company,
today announced it will report financial results for its first quarter ended March 31, 2024, before market open on Friday, May 10, 2024.
SSIC will host a conference call and webcast to discuss the Company's financial results at 8:00
a.m. Eastern Time on Friday, May 10, 2024. Participants may register for the call here.
A live webcast of the call will also be available on the SSIC website at ssic.silverspikecap.com.
A replay of the call will be available at ssic.silverspikecap.com
by the end of day May 10, 2024.
Call Details – Silver Spike Investment
Corp. First Quarter 2024 Financial Results:
| · | When: Friday, May 10, 2024 |
| · | Time: 8:00 a.m. ET |
| · | Webcast Live Stream: https://edge.media-server.com/mmc/p/w6aysemx |
| · | Replay: ssic.silverspikecap.com |
About Silver Spike Investment Corp.
The Company is a specialty finance company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company’s investment objective is to maximize risk-adjusted returns on equity for its shareholders by investing primarily in direct loans to privately held middle-market companies, with a focus on cannabis companies and other companies in the health and wellness sector. The Company is managed by Silver Spike Capital, LLC, an investment manager focused on the cannabis and alternative health and wellness industries. For more information, please visit ssic.silverspikecap.com.
Forward-Looking Statements
Certain information contained herein may constitute “forward-looking statements” that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about SSIC, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond SSIC’s control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in SSIC’s filings with the SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which SSIC makes them. SSIC does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.
Contacts
Investors:
Bill Healy
Bill@silverspikecap.com
212-905-4933
Cover |
Apr. 25, 2024 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Apr. 25, 2024 |
| Entity File Number | 001-40564 |
| Entity Registrant Name | Silver Spike Investment Corp. |
| Entity Central Index Key | 0001843162 |
| Entity Tax Identification Number | 86-2872887 |
| Entity Incorporation, State or Country Code | MD |
| Entity Address, Address Line One | 600 Madison Avenue |
| Entity Address, Address Line Two | Suite 1800 |
| Entity Address, City or Town | New York |
| Entity Address, State or Province | NY |
| Entity Address, Postal Zip Code | 10022 |
| City Area Code | 212 |
| Local Phone Number | 905-4923 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock, $0.01 par value per share |
| Trading Symbol | SSIC |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | true |
| Elected Not To Use the Extended Transition Period | false |