CALP

Silver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago Atlantic

Retrieved on: 
Tuesday, February 20, 2024

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that it entered into a definitive agreement with Chicago Atlantic Loan Portfolio, LLC (“CALP”) for the purchase (the “Loan Portfolio Acquisition”) from CALP of a sizeable portfolio of loans (the “CALP Loan Portfolio”).

Key Points: 
  • NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that it entered into a definitive agreement with Chicago Atlantic Loan Portfolio, LLC (“CALP”) for the purchase (the “Loan Portfolio Acquisition”) from CALP of a sizeable portfolio of loans (the “CALP Loan Portfolio”).
  • CALP has agreed to use reasonable best efforts to add 4 loans with an aggregate value of approximately $43 million to the CALP Loan Portfolio prior to the closing of the Loan Portfolio Acquisition.
  • The Company and CALP may also agree to the addition of other loans to the CALP Loan Portfolio prior to the closing of the Loan Portfolio Acquisition.
  • The Loan Portfolio Acquisition would reduce the sector concentration of the Company’s investment portfolio, as the Company would acquire loans to both cannabis and non-cannabis companies consistent with its broadened investment strategy.

ARCH Venture Partners Announces Appointment of Kevin Hrusovsky as Venture Partner

Retrieved on: 
Thursday, May 25, 2023

CHICAGO, May 25, 2023 /PRNewswire/ -- ARCH Venture Partners today announced the appointment of life sciences industry veteran Kevin Hrusovsky as Venture Partner.

Key Points: 
  • CHICAGO, May 25, 2023 /PRNewswire/ -- ARCH Venture Partners today announced the appointment of life sciences industry veteran Kevin Hrusovsky as Venture Partner.
  • "Kevin has been instrumental in the success of multiple ARCH portfolio companies, and we look forward to building the next generation of companies together," said ARCH Co-founder and Managing Director Keith Crandell.
  • "ARCH is committed to bringing the best entrepreneurs, experience, value-add perspective, and network to advance our portfolio companies.
  • Kevin has deep experience in the industry and is an important addition to the ARCH team."

Learning Ally's Dr. Terrie Noland Named EdTech Digest Global Leadership Award Finalist for Ed Tech Author/Speaker "Literacy and Leadership" Podcast

Retrieved on: 
Wednesday, April 20, 2022

of Educator Initiatives for Learning Ally, a national nonprofit education solutions provider, is a 2022 EdTech Digest Global Leadership Award Finalist.

Key Points: 
  • of Educator Initiatives for Learning Ally, a national nonprofit education solutions provider, is a 2022 EdTech Digest Global Leadership Award Finalist.
  • Dr. Noland was selected for her outstanding contributions in transforming education through technology to enrich the lives of educators and learners.
  • Lee Peters, Chief Operating Officer of Learning Ally, said, "Terrie is well deserving of this Global Leadership Award.
  • Through her podcast, Learning Ally Literacy Leadership , Dr. Noland has built a community of educators who seek to improve reading achievement in their classes and schools.