Silver Spike Investment (SSIC) Stock Price, News & Analysis

Company Overview

Silver Spike Investment Corporation is a blank check company incorporated in Delaware. Its units trade on the Nasdaq Capital Market under the ticker symbol SSIC. As a special purpose acquisition company (SPAC), Silver Spike Investment does not engage in commercial operations of its own.

The company’s primary focus is to identify and acquire one or more businesses or assets through mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations. Silver Spike Investment is empowered to pursue opportunities across various industries and geographies in order to maximize shareholder value.

Until the completion of a qualifying business combination, the proceeds from Silver Spike Investment’s initial public offering remain held in a trust account and are invested in short-term, investment-grade securities. The company’s ability to create value depends on the expertise and execution of its management team in sourcing and closing a strategic transaction.

Key Stats

• Today's Range: $10.75 to $11.04
• 50-Day Range: $10.12 to $11.02
• 52-Week Range: $7.29 to $12.45
• Volume: 59,537 shs
• Average Volume: 11,019 shs
• Market Capitalization: $68.37 million
• P/E Ratio: 12.64
• Dividend Yield: 9.09%
• Price Target: N/A
• Consensus Rating: N/A

SSIC Stock Analysis - Frequently Asked Questions

How have SSIC shares performed this year?

Silver Spike Investment's stock was trading at $12.1850 on January 1st, 2025. Since then, SSIC shares have decreased by 9.7% and is now trading at $11.00.

How were Silver Spike Investment's earnings last quarter?

Silver Spike Investment Corp. (NASDAQ:SSIC) issued its quarterly earnings results on Thursday, May, 9th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.09. The company had revenue of $2.76 million for the quarter, compared to the consensus estimate of $2.38 million. Silver Spike Investment had a net margin of 44.96% and a trailing twelve-month return on equity of 5.62%.

When did Silver Spike Investment IPO?

Silver Spike Investment (SSIC) raised $85 million in an IPO on Friday, February 4th 2022. The company issued 6,100,000 shares at $14.00 per share. Stifel and Piper Sandler served as the underwriters for the IPO and Canaccord Genuity and Cantor were co-managers.

How do I buy shares of Silver Spike Investment?

Shares of SSIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Silver Spike Investment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Silver Spike Investment investors own include NVIDIA (NVDA), Broadcom (AVGO), GE Aerospace (GE), Arista Networks (ANET), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Jabil (JBL).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 9/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: NASDAQ:SSIC
• CIK: 1843162
• Web: www.silverspikecap.com
• Phone: 212-905-4923
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $0.87
• Trailing P/E Ratio: 12.64
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.34 million
• Net Margins: 44.96%
• Pretax Margin: 38.68%
• Return on Equity: 5.62%
• Return on Assets: 5.37%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 15.46
• Quick Ratio: 15.46

Sales & Book Value

• Annual Sales: $10.84 million
• Price / Sales: 6.30
• Cash Flow: $0.96 per share
• Price / Cash Flow: 11.50
• Book Value: $13.77 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 6,215,000
• Free Float: 1,695,000
• Market Cap: $68.37 million
• Optionable: Not Optionable
• Beta: 0.28