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SSPK Stock Price, Chart, Stats & News

Silver Spike Acquisition Corp.
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Silver Spike Acquisition Corp. (SSPK) does not currently pay a dividend.

3.38B
Market cap
Current P/E
Forward P/E

SSPK chart

1M
3M
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5Y
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Fundamentals

Gross margin
94.94%
Operating margin
0.44%
Pretax margin
1.92%
Net margin
1.12%
Effective tax rate
24.58%
ROA
1.03%
ROE
3.65%
D/E
0.46x
Interest coverage ratio

SSPK valuation

P/E
P/S
19.37x
P/B
35.87x
P/CF
362.13x
P/FCF
597.57x
P/OCF
362.13x
PEG
-14.64x
EV multiple
187.85x

About

Silver Spike Acquisition Corp. (SSPK) operates as a Special Purpose Acquisition Company (SPAC), specifically created with the purpose of executing a strategic business combination, such as a merger or acquisition, with one or more existing enterprises. The firm plans to concentrate its efforts on prospective targets within the cannabis industry and related health and wellness markets. More precisely, it will pursue ancillary businesses that facilitate the operations of the cannabis sector but are not directly involved in "plant-touching" activities like cultivating, processing, manufacturing, branding, transporting, distributing, storing, or selling cannabis or cannabis-derived products.

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