Silvergate Capital Corporation (CE) (SICPQ) News

Disclosure Statement Pursuant to 11 U.S.C. § 1125 with Respect to Joint Chapter 11 Plan of Silvergate Capital Corporation and Its Affiliated Debtors (related document(s)[10]) Filed by Silvergate Capital Corporation. David Queroli (9/18/24)

Source: Stretto [Docket 11]

https://cases.stretto.com/public/x353/13020/PLEADINGS/1302009182480000000100.pdf

Motion to Approve (Motion of Debtors for Entry of Order (I) Approving Proposed Disclosure Statement and Form and Manner of Notice of Disclosure Statement Hearing, (II) Establishing Solicitation, Voting and Tabulation Procedures, (III) Scheduling Confirmation Hearing, (IV) Establishing Notice and Objection Procedures for Confirmation of Plan, (V) Establishing Cure Procedures and (VI) Granting Related Relief) Filed by Silvergate Capital Corporation. Hearing scheduled for 11/1/2024 at 10:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 10/25/2024. David Queroli (10/11/24)

Source: Stretto [Docket 149]

https://cases.stretto.com/public/x353/13020/PLEADINGS/1302010112480000000112.pdf

Rule 2019 Statement //Verified Statement Pursuant to Bankruptcy Rule 2019 Filed by Ad Hoc Group of Preferred Stockholders. Katherine Good (10/11/24)

Source: Stretto [Docket 148]

https://cases.stretto.com/public/x353/13020/PLEADINGS/1302010112480000000032.pdf

The Stilwell Group Comments on the Results of Silvergate's 2024 Annual Meeting (9/27/24)

NEW YORK, Sept. 30, 2024 /PRNewswire/ -- The Stilwell Group ("Stilwell"), a beneficial owner of 12.4% of Silvergate Capital Corporation ("Silvergate" or the "Company") (OTC: SICP, SICPQ, SICPL), today commented on the outcome of the Company's September 27, 2024 Annual Meeting of Stockholders (the "Annual Meeting").

On Friday, September 27, 2024, Joseph Stilwell was elected to the Silvergate board with more than 10.5 million votes, over 95% of the shares voted. The legacy directors received just over 1 million votes. Despite having set the date, time, and place of the Annual Meeting, none of these directors were able to attend the meeting, according to the Company's lawyer from Cravath, Swaine & Moore LLP.

Four of the legacy directors, Paul D. Colucci, Thomas C. Dircks, Michael T. Lempres (Chairman), and Scott A. Reed, oversaw the demise of Silvergate Bank. They also oversaw previous management whom the Securities and Exchange Commission charged with committing "negligence-based fraud."[1]

Joseph Stilwell says, "I will work to maximize value for the common holders."

Cravath, Swaine & Moore LLP has served as lead counsel for the Company during many months of litigation and the Company's five failed attempts to stop the Annual Meeting.

https://www.prnewswire.com/news-releases/the-stilwell-group-comments-on-the-results-of-silvergates-2024-annual-meeting-302262005.html

Effective Sept.19,2024 SICP will change to SICPQ, bankruptcy.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

WOW .29-1.10 THIS MORN ON THE OTC

I sold puts on this that expire next week. The position in my account has been renamed to SICB, so I assume I can still be assigned then?

SI changed to SICP. Delisted from the NYSE to the OTC.

https://otce.finra.org/otce/dailyList?viewType=Additions

Anyone know why we are halted?

Maybe

Might file Bankruptcy this week.

$4 longer term after all the flips are done

Yes sir

2.11 AGAIN


WONDER WHERE THIS GOES TODAY

#SI ?? another squeeze rally with 64%+ short interest? #SILVERGATE $SI

Looking primed here

SI: Get ready to PARTY!!! My glorious SI HomeBoys, HomeGirls, & straight-up GangBangers!!! I gots the party MUSIC for ya-all, below!!! Who's gonna bring the REFRESHMENTS!!!??? (Hey, Emperor G-2-G, how about some disruptive, brand-new, very tasty, "Little-Debbie-Cannabis-Infused-Strawberry-Snack-Cakes", Dude!!!???)

SI: YEP!!! (See SI's price action, below, Boss!!!)


"Well hi there, Admiral G-2-G!!! Let's Short-SQUEEZE the DUCK out of this cute little BANK puppy today, Homeboy!!"

2.27!!!! squeeze https://www.fool.com/investing/2023/03/24/silvergate-capital-might-be-going-out-of-business/

SI: NICE for ya, Boss!! You'll be,'laughin all the way to the BANKS', today for sure!!

SI....NEXT BANK BOTTOM RUNNER

was filled 10k 1.81 for a trade

SI: ALL bank stocks to the MOON today.

SI https://ih.advfn.com/stock-market/NYSE/silvergate-capital-SI/stock-news/90602580/current-report-filing-8-k

SI $4 target

Arca. Live Ticker Picker 03/25/23 Live Chat (~ON from 08:00 pm - 9:30 pm... https://t.co/aH3MtiNQsd— Arca. (@arcabulls) March 26, 2023

$6

#SI ?? silvergate stock? can it make big % move? or more downside? price targets $SI #SILVERGATE

I got 10K ready to play with it but it needs to tank again to $1.10 or lower for me to get into this Viper’s nest

SI is pumped and dumped before it is going to delisted soon, maybe today/

SI: Nice at least $20,000 profit for ya today!! CONGRATS!!

What a beast. $3+?

NICE!!!

SOLD 5K MORE 2.11

I THINK ITS TIME TO GO

I NEED TO GO TO THE BANK SIR

If they sold it wiuld be 20c in$ thats 20$

Would be ridiculous if this is the next GM€

$2 rejected...anyones game now

check out hair hubs for men

same https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171529732

I take that ALREADY --- it gives my HAIR a 'shinny look' --- just like the CBD-Infused Dog Biscuits do for my pet Pit Bull's FUR!!

bro take some CBD's


and BREATE

I made a quick trade because I was out this morn and saw this late

#LUNCH$

SI: You likely know that I do NOT like Bitcoin, inter alia. HOWEVER, the "Blockchain" infrastructures --- when exploited vis-a-vis a "STABLECOIN" (e.g., Tether), could very well offer Planet Earth an alternative to traditional BANKS. (But, 'INSURED ACCOUNTS' will be required.)
https://finance.yahoo.com/news/u-banking-crisis-could-present-092701980.html
///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

I damn near jumped in on the pullback to 1.60 but got sidetracked

SI: CONGRATS, Boss!!!! (Tell me that you LOADED-UP!!!)

whata move +100% from bottom

nerp...took off 2day

just saw this now and looking for why it moved??

Did u get in?

Here we go, moving on up :O

$SI *MUST*SEE*

Scm bag MM's this past Friday wouldn't let it fall below $2.00, only so they could wipe out puts, and that's how criminals wearing suits and ties rip off the public,and line their corrupt pants pockets.