Chicago Atlantic BDC Stock (NASDAQ:LIEN)
Previous Close
$9.89
52W Range
$8.92 - $11.44
50D Avg
$9.55
200D Avg
$10.20
Market Cap
$226.15M
Avg Vol (3M)
$71.47K
Beta
0.26
Div Yield
$1.36 (13.72%)
LIEN Company Profile
Silver Spike Investment Corp. functions as a specialized business development company (BDC) dedicated to investing across the cannabis industry. It channels capital into privately held cannabis enterprises through both direct lending and equity ownership. The firm actively collaborates with private equity entities, entrepreneurs, and business owners to offer diverse credit and equity financing solutions. These solutions are designed to facilitate various corporate actions, including buyouts, recapitalizations, expansion initiatives, refinancings, and acquisitions. Its investment focus spans a wide range of cannabis businesses, encompassing those developing enabling technologies, companies in the cannabis-related health and wellness sector, and distributors of hemp and CBD products. Established in 2021, the company is headquartered in New York, New York.