Silvergate stock plunges 31% after delayed filing raises doubts over future

Silvergate inventory plunges 31% after delayed filing raises doubts over future

Silvergate Bank has introduced that this would possibly per chance occasionally per chance even lengthen the filing of its annual 10-K fable, which has despatched its inventory ticket down over 30% after hours.

A 10-K fable is a doc required by the Securities and Substitute Price that offers a comprehensive overview of a firm’s industry and monetary situation. The crypto monetary institution stated that it would possibly per chance well possibly need an additional two weeks to entire the fable for the 2022 fiscal 365 days.

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