Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol

2 months ago

Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its name to Chicago Atlantic BDC. New York-based Silver Spike said in February it planned to acquire Illinois-headquartered Chicago Atlantic Loan Portfolio. Under terms of the acquisition, CALP and legacy Silver Spike stockholders will receive 72.8% and 27.2%, respectively, of the outstanding […]