Silvergate Capital Corporation stock gains 10.82 percent OTC
Published on 09/24/2026 at 18:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Silvergate Capital Corporation stock was trading at USD 0.84 on OTC Markets on September 24, 2026, up 10.82 percent from the previous close. The price stood 16 percent below its 52-week high of USD 1.00, keeping the stock close to the top of its USD 0.05 to USD 1.00 annual range.
Capital raise set a reference
Silvergate raised USD 3.0 million on August 5, 2026, through the sale of 5.0 million Class A shares at USD 0.60 each. According to Yahoo Finance, the company said the raise produced USD 3.0 million in gross and net proceeds.
The market price on September 24 was USD 0.24, or 40 percent, above the capital raise price. The board letter identified 37,230,442 Class A shares outstanding after the transaction, a figure that gives the raise a clear dilution and valuation reference.
Post bankruptcy structure matters
According to StockTitan, Silvergate emerged from Chapter 11 on March 31, 2026, when its amended bankruptcy plan became effective. A new board and management team took office on the same date, changing the reference point for investors assessing the reorganized company.
The company moved from the OTC Markets Expert Market to the Pink Limited Market on August 18, 2026. The change broadened access to the common stock, while the USD 0.60 financing price and the September 24 market price provide two concrete valuation markers.
Stock remains below yearly high
Silvergate Capital Corporation stock was trading at USD 0.84 on OTC Markets on September 24, 2026. Its market capitalization was USD 27,073,571, while the 52-week range was USD 0.05 to USD 1.00, placing the latest quote 16 percent below the yearly high.
Silvergate Capital Corporation at a glance
- Company: Silvergate Capital Corporation
- Ticker: SICP
- Trading venue: OTC Markets Pink Limited Market
- Price as of September 24, 2026: USD 0.84
- Daily change: 10.82 percent
- Market capitalization: USD 27,073,571 as of September 24, 2026
- 52-week range: USD 0.05-1.00
- Sector / Industry: Financials / Banks - Regional
