Business Context and Reporting Period
This Form 8-K is a current report filed by Silver Spike Investment Corp. (not Chicago Atlantic BDC, Inc.) on June 26, 2024. The filing details the results of the Company's 2024 Annual Meeting of Stockholders held on that date. The Company is incorporated in Maryland and its common stock trades on The Nasdaq Stock Market LLC under the symbol "SSIC".
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and does not contain financial performance data.
Material Changes and Voting Results
The primary event reported is the election of directors. As of the record date (April 24, 2024), there were 6,214,949 shares of common stock outstanding and entitled to vote. Stockholders re-elected two members of the board of directors to serve until the 2027 annual meeting. The voting results were as follows:
- Scott Gordon: 5,038,763 votes For; 28,276 votes Withheld.
- Michael W. Chorske: 4,878,642 votes For; 188,397 votes Withheld.
There were no broker non-votes recorded for either candidate.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the disclosure of the shareholder vote outcome.
Important Facts for Investors to Verify
- Confirm the identity of the registrant as Silver Spike Investment Corp. (SSIC), distinct from the metadata reference to Chicago Atlantic BDC, Inc.
- Verify the re-election of Scott Gordon and Michael W. Chorske to the Board of Directors.
- Note the significant number of withheld votes for Michael W. Chorske (188,397) compared to Scott Gordon (28,276).
- Review the definitive proxy statement filed on April 26, 2024, for detailed background on the director nominees and other meeting matters.