UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~August~~November 2822, 2023 ~~(August 25, 2023)~~

SILVERGATE CAPITAL CORPORATION

(Exact name of registrant as specified in its charter)

Maryland	001-39123	33-0227337
(State or other jurisdiction of	(Commission file number)	(IRS Employer
incorporation or organization)		Identification No.)

4250 Executive Square, Suite 300, La Jolla, CA 92037

(Address of principal executive offices) (Zip Code)

(858) 362-6300

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 57.0201 &REGULATION ~~ITEM~~FD 5DISCLOSURE.03 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS & AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR.

On ~~August~~November 2522, 2023, ~~the~~Silvergate ~~board~~Capital ofCorporation ~~directors~~ (the “~~Board~~Company”) ofissued ~~Silvergate Capital Corporation (the~~a ~~“Company”)~~press ~~amended~~release ~~the~~announcing ~~Company’s~~that ~~Amended~~its ~~and~~wholly-owned ~~Restated~~subsidiary, ~~Bylaws~~Silvergate Bank (the “~~Bylaws~~Bank”), ~~which~~has ~~amendment became~~fully ~~effective~~repaid onall ~~that~~of ~~date,~~its inremaining ~~order~~deposit toliabilities ~~address~~in ~~the~~connection ~~recent~~with ~~departure~~the Company’s ofpreviously ~~Alan~~disclosed J.plan ~~Lane,~~to awind ~~former~~down ~~member~~the operations of and voluntarily liquidate the ~~Board,~~Bank onin ~~August~~an ~~15,~~orderly ~~2023,~~manner byand ~~reducing~~in ~~the~~accordance ~~minimum~~with ~~size~~applicable regulatory processes. A copy of the ~~Board~~press ~~from~~release ~~seven~~is tobeing ~~five~~furnished ~~and~~on bythis ~~reducing~~Current ~~the~~Report on ~~maximum~~Form ~~size~~8-K ofas ~~the~~Exhibit ~~Board~~99.1 ~~from thirteen~~hereto toand ~~seven~~is incorporated by reference herein.

As disclosed in the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on August 15, 2023, Mr. Lane has advised the Company that his departure from the Company and the Board was not the result of any dispute or disagreement with the Company nor its Board on any matter relating to the operations, policies or practices of the Company.

The description of the amendment to the Bylaws is qualified in its entirety by reference to the full text of the Amended and Restated Bylaws, a copy of which is attached hereto as Exhibit 3.1, and incorporated into this Item 5.03 by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit

Exhibit Number		Description

99.1		Press Release, dated as of November 22, 2023
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Number	Description
3.1	Amended and Restated Bylaws (filed herewith)
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SILVERGATE CAPITAL CORPORATION	~~SILVERGATE CAPITAL CORPORATION~~
Date:	August 28, 2023	By:	/s/ Kathleen M. Fraher
Date: November 22, 2023	By:	/s/ Kathleen M. Fraher
		Name:	~~Name:~~Kathleen M. Fraher	~~Kathleen M. Fraher~~
		Title:	~~Title:~~Chief Transition Officer	~~Chief Transition Officer~~

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