Silvergate shares tumble 30% after crypto-friendly lender delays filing annual report

Crypto-friendly lender Silvergate Capital Corp. [s: SI] saw its shares plunge more than 30% in after-hour trading Wednesday, after the lender said it would not be filing its audited 2022 annual report on time. A series of events have left it at risk of “being less than well-capitalized,” and the company is evaluating those events’ impact on its ability to continue as a going concern, Silvergate said in a regulatory filing Wednesday. “The Company is currently analyzing certain regulatory and other inquiries and investigations that are pending with respect to the Company,” it added. Silvergate reported an unaudited net…