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Silver Spike Investment ( (SSIC) ) has shared an announcement.
Silver Spike Investment Corp. successfully garnered stockholder approval for a strategic acquisition and board elections at their special meeting. Shareholders greenlit the exchange of newly-issued common stock for a loan portfolio from Chicago Atlantic Loan Portfolio, LLC, an initiative anticipated to enhance the company’s scale and investment strategy. Additionally, the election of three directors for staggered terms and the ratification of a new but similar advisory agreement promise continuity in governance and advisory services, aiming to drive growth and shareholder value.
See more insights into SSIC stock on TipRanks’ Stock Analysis page.