Silver Spike Investment Corp
For the period ended Jun 30, 2024. Filed Aug 8, 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.
Jun 30, 2024 · Filed Aug 8, 2024
LIEN$9.07-0.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Assets and Liabilities
| June 30, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Investments at fair value: | ||
| Non-control/non-affiliate investments at fair value (amortized cost of $52,382,633 and $53,471,317, respectively) | $53,398,164 | $54,120,000 |
| Cash and cash equivalents | 34,003,851 | 32,611,635 |
| Interest receivable | 1,638,987 | 1,755,360 |
| Deferred offering costs | 761,867 | - |
| Prepaid expenses | 182,945 | 39,276 |
| Other assets | 69,913 | 50,000 |
| Paydown receivable | 21,000 | - |
| Due from affiliate | - | - |
| Deferred financing costs | - | - |
| Total assets | 90,076,727 | 88,576,271 |
| LIABILITIES | ||
| Transaction fees payable related to the Loan Portfolio Acquisition | 2,506,784 | 711,264 |
| Income-based incentive fees payable | 1,839,756 | 1,511,253 |
| Offering costs payable | 676,791 | - |
| Management fee payable | 246,324 | 257,121 |
| Capital gains incentive fees payable | 160,953 | 87,583 |
| Audit fees payable | 147,848 | 123,998 |
| Unearned interest income | 62,189 | - |
| Legal fees payable | 56,595 | 84,824 |
| Valuation fees payable | 34,485 | 24,675 |
| Directors fees payable | 32,974 | 94,760 |
| Administrator fees payable | 28,019 | 86,463 |
| Other payables | 16,628 | 13,822 |
| Professional fees payable | 8,815 | 17,233 |
| Due to affiliate | 493 | - |
| Distributions payable | - | 2 |
| Excise tax payable | - | 10,655 |
| Total liabilities | 5,818,654 | 3,023,653 |
| Commitments and contingencies (Note 6) | - | - |
| NET ASSETS | ||
| Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,964 and 6,214,941 shares issued and outstanding, respectively | 62,149 | 62,149 |
| Additional paid-in-capital | 85,030,784 | 85,041,203 |
| Distributable earnings (Accumulated losses) | (834,860) | 449,266 |
| Total net assets | $84,258,073 | $85,552,618 |
| Total liabilities and net assets | $90,076,727 | 88,576,271 |
| NET ASSET VALUE PER SHARE | $13.56 | $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.