Silver Spike Investment (NASDAQ:SSIC) (NASDAQ: SSIC) is a special purpose acquisition company sponsored by Silver Spike Capital Advisors, L.P. The company was formed to effect a merger, capital stock exchange, asset acquisition, stock purchase or reorganization with one or more businesses and completed its initial public offering in March 2015. Silver Spike concentrates on identifying companies that leverage digital technologies, including telecommunications, cybersecurity, digital media infrastructure and financial technology services.
While primarily targeting opportunities within North America, Silver Spike also evaluates potential acquisitions in developed markets globally. Through its SPAC structure, the company provides private firms access to public equity capital and strategic guidance, drawing on the combined expertise of its management and advisory teams. These professionals bring extensive backgrounds in investment banking, private equity and industry operations, having held leadership roles at leading financial institutions and boutique advisory firms.
The leadership team is headed by Chief Executive Officer David P. Sontag and Chairman Floyd R. Gale, both of whom have deep experience in structuring and executing capital markets transactions. Supporting them is a board of directors and advisors with seasoned professionals from global banks and sector‐focused boutiques, offering strong networks across technology, telecommunications and energy sectors. This governance framework ensures that potential transactions undergo rigorous financial and operational due diligence.
Since its IPO, Silver Spike has actively pursued business combination candidates, extending its merger deadline when necessary to secure a suitable target. The company maintains transparency through routine regulatory filings and shareholder votes, allowing investors to participate in the evaluation and approval of any proposed merger or acquisition.
