Silver Spike Investment Corp
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
LIEN$9.07-0.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Assets and Liabilities
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Investments at fair value: | ||
| Non-control/non-affiliate investments at fair value (amortized cost of $53,602,697 and $53,471,317, respectively) | $54,851,000 | $54,120,000 |
| Cash and cash equivalents | 33,160,294 | 32,611,635 |
| Interest receivable | 1,675,075 | 1,755,360 |
| Deferred offering costs | 333,320 | - |
| Prepaid expenses | 261,473 | 39,276 |
| Other assets | 69,913 | 50,000 |
| Total assets | 90,351,075 | 88,576,271 |
| LIABILITIES | ||
| Transaction fees payable related to the Loan Portfolio Acquisition | 2,712,577 | 711,264 |
| Income-based incentive fees payable | 1,511,253 | 1,511,253 |
| Due to custodian | 468,829 | - |
| Offering costs payable | 332,564 | - |
| Management fee payable | 246,131 | 257,121 |
| Capital gains incentive fees payable | 207,507 | 87,583 |
| Audit fees payable | 136,623 | 123,998 |
| Administrator fees payable | 107,075 | 86,463 |
| Legal fees payable | 71,660 | 84,824 |
| Other payables | 16,676 | 13,822 |
| Professional fees payable | 11,750 | 17,233 |
| Valuation fees payable | 9,405 | 24,675 |
| Directors fees payable | 258 | 94,760 |
| Distributions payable | - | 2 |
| Excise tax payable | - | 10,655 |
| Total liabilities | 5,832,308 | 3,023,653 |
| Commitments and contingencies (Note 6) | - | - |
| NET ASSETS | ||
| Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,949 and 6,214,941 shares issued and outstanding, respectively | 62,149 | 62,149 |
| Additional paid-in-capital | 85,030,601 | 85,041,203 |
| Distributable earnings (Accumulated losses) | (573,983) | 449,266 |
| Total net assets | $84,518,767 | $85,552,618 |
| NET ASSET VALUE PER SHARE | $13.60 | $13.77 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.