{"filings":[{"id":2171477,"accession_number":"0001213900-26-087484","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2026-08-11T11:02:17+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q2 net income $7.5M, EPS $0.34; merger with LIEN on track for Q4","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2026 net income $7.47M ($0.34/share) vs $8.88M ($0.41) in Q2 2025; distributable earnings $9.29M ($0.44 basic).","Loan principal $453.1M at June 30, up from $421.9M a year ago; book value $14.15/share, down from $14.71.","Gross originations $59.2M in Q2; net interest income $12.83M, down from $14.42M YoY.","Dividend maintained at $0.47/share; FY2026 payout ratio target 90-100% of distributable earnings.","Merger with Chicago Atlantic BDC (LIEN) expected to close Q4 2026; REFI holders ~50.5% pro forma based on 3/31 NAVs."],"consensus_eps_estimate":null,"consensus_eps_actual":0.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1610758,"accession_number":"0001213900-26-077585","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2026-07-13T20:30:15+00:00","items":["1.01","3.02","7.01","9.01"],"status":"ready","headline":"REFI issues 4.3M shares for $62.5M in second-lien notes on 32 cannabis retail properties","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 4,306,754 shares at $14.53/share to Koach for $62.5M in second-lien notes secured by 32 retail properties leased to cannabis operators.","Notes bear 12% interest (10% cash, 2% PIK), weighted avg maturity ~12 years, exit fee 2.5x commitment.","Shares represent ~16.8% of outstanding post-issuance; lock-up: 20% for 3 months, 80% for 6 months.","Transaction permitted under pending merger with LIEN; exchange ratio will reflect increased share count.","No underwriter or placement agent; shares issued in private placement under Rule 506."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1120556,"accession_number":"0001213900-26-069861","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2026-06-18T11:30:41+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Real Estate Finance to merge with Chicago Atlantic BDC in stock-for-stock deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each REFI share converted into Acquiror shares based on NAV ratio (Exchange Ratio); fractional shares paid in cash.","Transaction requires approval of majority of outstanding REFI shares and majority excluding certain related parties.","Support agreements cover ~4.8% of REFI and ~12.9% of Acquiror outstanding shares, committing to vote in favor.","Acquiror to consider $25M share repurchase program post-closing; merger must close by June 30, 2027.","REFI will elect to be regulated as a BDC prior to merger; combined entity to operate as a RIC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1000319,"accession_number":"0001213900-26-067830","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2026-06-11T20:15:15+00:00","items":["5.07","9.01"],"status":"ready","headline":"Chicago Atlantic REIT re-elects five directors, ratifies BDO USA as auditor for FY2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["John Mazarakis, Anthony Cappell, Jason Papastavrou, Elizabeth Stavola, Brandon Konigsberg re-elected to board until 2027.","Ratification of BDO USA as independent auditor for FY2026: 12,995,674 for, 72,645 against, 94,847 abstain.","Broker non-votes of 6,649,322 on director elections indicate substantial unvoted shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96406,"accession_number":"0001213900-26-053036","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q1 net income $4.8M ($0.23/share) vs $10M a year ago; provision spikes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net interest income $13.1M flat YoY; net income fell 52% to $4.8M ($0.23 diluted EPS).","Provision for credit losses $3.8M (vs $1.1M benefit last year); book value per share $14.39 from $14.60.","Distributable earnings $0.47 basic, $0.46 diluted; regular quarterly dividend maintained at $0.47/share.","Loan portfolio $413.6M; weighted average yield 15.8%; debt/equity ratio rose to 38.4%.","FY2026 outlook: dividend payout 90-100% of distributable earnings; special dividend possible in Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110285,"accession_number":"0001213900-26-026631","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q4 net income $8.16M ($0.38/shr); distributable earnings $0.44/shr","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net interest income Q4 $14.24M vs $13.69M Q3; net income $8.16M ($0.38/shr) vs $8.93M ($0.42) Q3.","Full year 2025 distributable earnings basic $40.35M ($1.92/shr) vs $40.02M ($2.08) in 2024.","Portfolio principal $411.1M at Dec 31, up from $399.9M at Sep 30; weighted average yield 16.3%.","Subsequent activity: advanced $51.1M new loans, received $40.4M repayments through Mar 12, 2026.","2026 dividend payout target 90-100% of distributable earnings; pipeline $616M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126865,"accession_number":"0001213900-25-105594","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q3 2025 net income $0.42/sh, down 25% YoY; portfolio grows to $400M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net interest income $13.7M, down from $14.5M in Q3 2024; net income $8.9M ($0.42/sh).","Distributable earnings $0.50/sh vs $0.57/sh YoY; regular dividend maintained at $0.47/sh.","Total loan principal $399.9M (up 12% YoY); 86% of loans have rate floors at or above Prime.","Affirmed 2025 outlook; liquidity ~$63M, $69.1M available on revolver extended to 2028.","Pipeline of over $415M in new opportunities; $3.3M advanced post-quarter to existing borrowers."],"consensus_eps_estimate":null,"consensus_eps_actual":1.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143661,"accession_number":"0001213900-25-072809","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["1.01","2.02","2.03","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q2 distributable EPS $0.51; extends credit facility to 2028","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $8.88M ($0.41 diluted); distributable earnings $10.85M ($0.51) vs $9.93M ($0.50) YoY.","Loan principal $421.9M; weighted avg yield 16.8% vs 18.7% YoY and 16.9% Q1 2025.","Received ~$56.8M in unscheduled principal repayments (6 facilities) in July-Aug 2025; $1.0M prepay fees.","Extended revolving credit facility maturity to June 30, 2028 (from June 30, 2026); $97.6M available.","Debt/equity ratio 38.8% (up from 28.0% Q1 2025); book value $14.71; quarterly dividend $0.47."],"consensus_eps_estimate":null,"consensus_eps_actual":0.89,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161875,"accession_number":"0000950170-25-088606","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2025-06-23T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Shareholders elect seven directors and ratify BDO USA as auditor at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected; John Mazarakis received 7,539,827 for, 1,063,174 withheld; others had similar margins.","Ratification of BDO USA as independent auditor for FY2025 passed with 13,948,564 votes for, 35,836 against.","Annual meeting held June 13, 2025; results reflect votes cast and broker non-votes (5,480,592) on director elections."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161874,"accession_number":"0001213900-25-040396","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"REFI Q1 net income $10.0M ($0.47 diluted); book value $14.87, dividend $0.47","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $10.0M ($0.47 diluted), up 20.5% sequentially; distributable earnings $9.7M.","Net interest income $13.0M vs $14.1M in Q4 2024; includes $0.4M prepayment fees.","Loan portfolio $407M principal across 30 cos; weighted avg yield 16.9% (17.2% prior).","Book value $14.87/share (from $14.83); leverage 28%; paid $0.47 dividend on Apr 15.","Affirmed 2025 outlook; management sees opportunity amid cannabis disruption and tariff uncertainty."],"consensus_eps_estimate":null,"consensus_eps_actual":0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179937,"accession_number":"0001013762-25-000635","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2025-03-18T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Chicago Atlantic raises ATM offering to $100M, cuts sales agent commission to 2%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New at-the-market sales agreements increase aggregate offering size from $75M to $100M.","Sales agent commission reduced from 3.0% to 2.0% of gross sales price.","Proceeds to fund loan pipeline, repay revolving credit facility, and for general corporate purposes.","Sales agents include BTIG, A.G.P., ATB Capital Markets, and Oppenheimer & Co."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179936,"accession_number":"0001213900-25-022933","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2025-03-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q4 net income $7.9M; FY distributable earnings $40M, down 10.5% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net interest income $14.1M, net income $7.9M ($0.39 diluted); distributable earnings $9.2M ($0.47 basic).","Full-year distributable earnings $40.0M ($2.08 basic), down 10.5% YoY; total dividends $2.06/sh vs $2.17 in 2023.","Portfolio loan principal $410.2M, yield 17.2% (down from 18.3%), one loan on non-accrual; unfunded commitments $20.9M.","Entered $50M unsecured term loan at 9.0% fixed, maturity Oct 2028; leverage ratio 34% debt to book equity.","Outlook: dividend payout target 90-100% of distributable earnings; may pay special dividend in Q4 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196734,"accession_number":"0001213900-24-113471","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-12-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Andreas Bodmeier resigns from board effective Jan 1, 2025; stays as President and CIO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Resignation effective Jan 1, 2025 to ensure board remains majority independent per Nasdaq Rule 5605(b).","Bodmeier continues as President and Chief Investment Officer of the company.","Board is actively searching for qualified independent director candidates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196733,"accession_number":"0001213900-24-109396","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-12-16T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Donald Gulbrandsen resigns from board effective Jan 1, 2025; no disagreement","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Donald Gulbrandsen notified board of resignation on Dec 11, 2024, effective Jan 1, 2025.","He will also vacate all board committees upon resignation.","Resignation not due to any disagreement with company on operations, policies, or practices.","Board has initiated search for new independent director candidates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196732,"accession_number":"0001213900-24-095169","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q3 net income $11.2M ($0.56/sh), up 22% QoQ per share; $50M unsecured note","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $11.2M ($0.56 diluted EPS) vs $9.2M ($0.46) in Q2 2024, a 21.7% per-share increase.","Distributable earnings $11.2M ($0.56/sh), up 12% QoQ; book value rose to $15.05 from $14.92.","Loan portfolio $362.3M across 29 companies; weighted avg yield 18.3%; gross originations $32.7M in Q3.","Entered $50M unsecured term loan at 9% fixed, matures Oct 2028; received BBB+ rating from Egan-Jones.","Paid Q3 dividend of $0.47/sh on Oct 15; reaffirmed 2024 outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":1.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196731,"accession_number":"0001213900-24-089782","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-10-23T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Chicago Atlantic closes $50M unsecured term loan at 9.0%, rated BBB+ by Egan-Jones","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Entered into $50M unsecured term loan maturing Oct 2028; fixed cash interest rate of 9.0% per annum.","Egan-Jones assigned a BBB+ rating to both the Company (REFI) and the senior unsecured term loan.","Full balance drawn at closing; used to repay existing borrowings on $110M senior secured revolver and for working capital.","Loan is interest-only; can be prepaid whole or in part subject to prepayment penalties (3% in year 1, 2% in year 2)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213032,"accession_number":"0001213900-24-065911","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q2 net income $9.2M ($0.46 EPS); distributable earnings $0.50/sh","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net interest income $13.2M; net income $9.2M ($0.46 diluted EPS); distributable earnings $9.8M ($0.50/sh).","Loan principal $383.3M across 31 investments; weighted avg yield 18.7%; real estate collateral coverage 1.3x.","Gross originations $20.9M in Q2; revolver increased to $105M; ATM raised $6.3M at $15.76/share.","Paid quarterly dividend $0.47/sh on July 15; book value $14.92 (down $0.05 from Q1).","Affirmed 2024 outlook; management cited DEA rescheduling tailwind with ~90% support in comment period."],"consensus_eps_estimate":null,"consensus_eps_actual":0.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232151,"accession_number":"0001213900-24-054353","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Annual meeting elects nine directors; three receive >30% withhold votes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders elected nine directors to serve until 2025; all nominees received majority 'for' votes.","Jason Papastavrou received 4,883,277 for vs. 4,145,085 withheld (45.9% withheld).","Donald E. Gulbrandsen and Michael L. Steiner each had 2,781,738 withheld (30.8% of votes cast).","BDO USA, P.C. ratified as auditor for FY2024 with 14,991,979 for, 16,066 against, 102,637 abstain.","Total outstanding shares: approximately 15.1M; broker non-votes of 6,082,320 on director elections."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.15,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232150,"accession_number":"0001213900-24-040237","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"REFI Q1 net income $8.7M ($0.47/share); distributable earnings $0.52/share; portfolio yield 19.4%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net interest income $13.2M; net income $8.7M ($0.47 diluted EPS); distributable earnings $9.7M ($0.52).","Loan commitments $401.3M; weighted average yield to maturity 19.4%; real estate coverage 1.3x; LTV 40.5%.","Originated $22.5M in Q1; issued 896,443 ATM shares at $15.93 avg, raising ~$13.9M net.","Amended credit facility: maturity extended to June 2026, accordion increased to $150M.","Book value per share $14.97 (up from $14.94 Q4); regular quarterly dividend $0.47 paid April 15."],"consensus_eps_estimate":null,"consensus_eps_actual":0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250418,"accession_number":"0001213900-24-021571","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-03-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q4 net income $0.51 EPS, down 5.8% seq; FY distributable earnings up 7.6%; promotes Co-CEO and CFO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $9.4M ($0.51 diluted EPS); sequential decrease of 5.8% due to higher management fees.","FY2023 net interest income $57.1M (+17% YoY); distributable earnings $41.5M ($2.26/share), up 7.6% YoY.","Total 2023 dividends $2.17/share (regular $1.88 + special $0.29), up 3.3% YoY; 2024 payout ratio 90-100%.","Credit facility amended: maturity extended to June 2026, accordion up to $150M. Net liquidity ~$10M as of Mar 11.","Peter Sack promoted to Co-CEO, Phil Silverman to CFO effective March 7, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250417,"accession_number":"0001213900-24-018226","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2024-02-29T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"REFI extends credit facility maturity to June 2026, ups accordion to $150M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fifth Amended and Restated LSA extends maturity from Dec 16, 2024 to June 30, 2026.","Accordion feature increased to allow up to $150M in aggregate commitments.","Company retains one-year extension option subject to no default and 365 days notice.","Interest rate is Prime Rate plus Applicable Margin (0%-1.25%) with a 3.25% Prime Rate floor.","Executive Chairman notes supportive lending group and intent to expand facility further."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":267959,"accession_number":"0001213900-23-084498","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q3 distributable earnings $0.57/share, up 3.6%; originations $35.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Distributable earnings $0.57 per diluted share, up 3.6% sequentially; net interest income $13.7M.","Total loan commitments $355.9M; weighted avg yield 19.3%; real estate collateral coverage 1.5x.","Gross originations $35.4M in Q3, $32.8M funded to new borrowers; net of repayments $10.9M.","Book value per share $15.17 (+0.7% QoQ); Q3 dividend $0.47 paid Oct 13.","Leverage 23% debt/equity; liquidity ~$25M; affirmed 2023 outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":1.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":285194,"accession_number":"0001213900-23-064754","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q2 distributable earnings $0.55/share; net interest income $13.7M; NY fund $150M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net interest income $13.7M (down 8.3% sequentially); provision for credit losses $5.2M (up $1.1M).","Distributable earnings $10.1M or $0.55 per diluted share; book value $15.06 (from $15.04).","Leverage 16%; liquidity $46.4M ($4.4M cash + $42M credit facility availability).","New York Cannabis Social Equity Investment Fund: up to $150M; $18.8M advanced for 17 dispensaries.","Quarterly dividend $0.47 per share paid July 14; 2023 outlook affirmed."],"consensus_eps_estimate":null,"consensus_eps_actual":1.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":28573304.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305054,"accession_number":"0001213900-23-050193","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2023-06-21T23:59:59+00:00","items":["1.01","5.07","9.01"],"status":"ready","headline":"Chicago Atlantic Real Estate Finance enters $75M at-the-market equity offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered ATM sales agreements with BTIG, Compass Point, and Oppenheimer to sell up to $75M of common stock.","Net proceeds to fund loan pipeline, pay down revolving credit facility, and for general corporate purposes.","Sales Agents receive up to 3.0% commission on gross sales price; offering made under shelf registration.","At 2023 Annual Meeting, all 9 director nominees elected; BDO USA ratified as auditor for FY2023.","Broker non-votes of 8,406,390 on director elections; ratification passed with 12,168,943 votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305053,"accession_number":"0001213900-23-037448","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2023-05-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"REIT Q1 net income $10.7M ($0.60/dil sh), up 46% qoq; distributable earnings $11.1M ($0.62/sh)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net interest income $14.9M, up 1% sequentially; total expenses $4.1M, down 18%.","Portfolio yield 19.4%; floating-rate loans rose to 88%; loan-to-value 41%.","Gross originations $34.1M, repayments $59.2M; net share issuance raised $6M at $15.16.","Book value per share $15.04 vs $14.86; dividend $0.47 paid April 14.","Credit facility extended to Dec 2024; liquidity $52.6M; leverage ratio ~14%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":14909008.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324527,"accession_number":"0001213900-23-018679","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2023-03-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q4 2022 net income $7.3M ($0.41/sh); yield to maturity 19.7%, floating rate 83%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net interest income $14.8M (+14.1% seq); net income $7.3M ($0.41/sh), down 25.7% seq.","Weighted avg yield to maturity 19.7% (up from 18.3% prior qtr); floating rate loans now 83% of portfolio.","On Feb 15, raised ~$6M via direct offering of 395,779 shares at $15.16; on Feb 27, extended $92.5M credit facility to Dec 2024.","Q4 regular dividend $0.47/sh plus special $0.29/sh paid Jan 13; full-year dividends $2.10/sh.","2023 outlook: maintains 90-100% payout ratio; regular quarterly dividend minimum $0.47/sh."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324526,"accession_number":"0001213900-23-015025","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2023-02-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Chicago Atlantic extends $92.5M credit facility maturity to Dec 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended $92.5M secured revolving credit facility with six FDIC-insured banks.","Maturity extended from Dec 16, 2023 to Dec 16, 2024; one-year extension option retained.","Interest rate: Prime Rate plus Applicable Margin (0%-1.25% over Prime, 3.25% floor); currently at Prime.","No other material terms of the Third Amended and Restated LSA were modified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342390,"accession_number":"0001213900-22-070342","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["1.01","2.02","9.01","2.03","7.01"],"status":"ready","headline":"Chicago Atlantic Q3 net income $0.55/share, raises FY2022 adjusted distributable earnings guidance to $2.01-$2.05","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $9.8M ($0.55/diluted), up 31% sequentially from $7.5M ($0.42) in Q2 2022.","Adjusted distributable earnings $10.3M ($0.58/diluted), up 16% sequentially; FY2022 guidance raised to $2.01-$2.05 from $1.95-$2.00.","Weighted average loan yield 18.3% (vs 17.7% Q2 2022); book value per share $15.23 (vs $15.13).","Credit facility expanded to $92.5M from $65M, adding four new lenders; leverage target 25%-35% by year-end.","Regular quarterly dividend maintained at $0.47/share; full-year dividend expected $1.81 with potential special dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":1.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":34095006.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359108,"accession_number":"0001213900-22-057543","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-09-21T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"CFO Lindsay Menze resigns effective Sept 30; Phillip Silverman named Interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lindsay Menze tendered resignation as CFO and Secretary on Sept 16, 2022, effective Sept 30, 2022.","Resignation is for personal reasons, not due to any disagreement with the company.","Phillip Silverman, currently Controller, appointed Interim CFO and Secretary effective Sept 30, 2022.","Silverman, 32, has over ten years of accounting/finance experience, previously at BDO USA LLP.","Company has commenced a search for a permanent principal financial and/or accounting officer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359107,"accession_number":"0001213900-22-045584","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-08-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q2 adjusted distributable earnings $0.50/share; dividend raised 17.5% to $0.47","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $7.5M ($0.42/diluted share); adjusted distributable earnings of $8.8M ($0.50/share).","Total interest income $11.9M; portfolio weighted avg yield to maturity 17.7% (up from 17.2% Q1).","Book value per share $15.13; leverage ratio 16.8% ($45M drawn on $65M credit facility).","Paid Q2 dividend of $0.47/share, a 17.5% increase from Q1; expects at least $0.47 for Q3 and Q4.","H2 2022 adjusted distributable earnings guidance of $1.00-$1.05 per share; full year $1.95-$2.00."],"consensus_eps_estimate":null,"consensus_eps_actual":0.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":21161257.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":377929,"accession_number":"0001213900-22-031023","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-06-03T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"REFI stockholders elect all nine director nominees and ratify BDO as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected; Jason Papastavrou received highest withheld votes at 321,143.","Ratification of BDO USA LLP as independent auditor for FY2022 approved: 14,807,610 For, 904 Against, 1,125 Abstain.","Annual meeting held June 2, 2022; two matters submitted to stockholders.","Directors elected to serve one-year terms expiring at 2023 Annual Meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":377928,"accession_number":"0001213900-22-026059","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-05-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Chicago Atlantic upsizes revolving credit facility to $65M from $45M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate commitment increased from $45.0M to $65.0M.","Maturity date of December 16, 2023, with a one-year extension option.","Floating interest rate: 0%–1.25% over Prime Rate, subject to a 3.25% Prime Rate floor.","Proceeds to fund additional loans and for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":377927,"accession_number":"0001213900-22-025699","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-05-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q1 net income $7.8M, dividend up 53.8% to $0.40","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $7.8M ($0.44 diluted EPS); adjusted distributable earnings $8.0M ($0.45/share).","Portfolio loan commitments $321.1M at Mar 31; $337.3M as of May 10, weighted avg yield 17.5%.","Q1 dividend of $0.40/share paid Apr 14, a 53.8% increase vs Q4 2021.","Funded $86.7M in new loans during Q1; $25M additional funded in Q2 to date.","Book value per share $15.17, up from $15.13 at Dec 31, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":9833053.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":377926,"accession_number":"0001213900-22-020811","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K/A","filed_at":"2022-04-20T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Chicago Atlantic REFI amends 8-K; determines no borrower financials required for FarmaceuticalRX loan","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment to February 8, 2022 8-K regarding $ loan commitment to FarmaceuticalRX LLC.","Re-evaluated significance using FY 2021 financial statements filed April 14, 2022.","Determined audited financials of Borrowers under Rule 3-14 are not required.","No pro forma financial information required either.","Filing is procedural; no change in loan terms or business operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396248,"accession_number":"0001213900-22-016955","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K/A","filed_at":"2022-03-31T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Chicago Atlantic REFI provides audited FY2020 financials of its Michigan cannabis borrower","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Borrower's audited FY2020: revenue $22.97M, net income $7.19M, total assets $59.16M.","Borrower is a vertically-integrated Michigan cannabis operator; federal illegality risk noted in audit report.","Amendment to Jan 2022 8-K reporting loan funding; financials were previously unavailable.","Borrower's FY2020 gross profit $17.02M, operating income $7.23M, interest expense $3.99M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396252,"accession_number":"0001213900-22-013993","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-03-22T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Chicago Atlantic Q4 net income $4.4M ($0.57 EPS); dividend raised 53.8% to $0.40","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $4.4M in Q4, $0.57 basic EPS; Adjusted Distributable Earnings $4.6M, $0.61 per share.","For April-Dec 2021 period, net income $9.5M ($1.47 EPS); Adjusted DE $9.9M ($1.54 per share).","Book value $15.13 per share at Dec 31, 2021; total loan commitments $235.1M across 21 borrowers.","Dividend increased 53.8% to $0.40/share quarterly, payable April 14, 2022 to holders of record March 31, 2022.","Since IPO (Dec 2021) through Mar 17, 2022, funded $114.7M, fully deploying IPO proceeds; credit facility upsized to $45M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396247,"accession_number":"0001213900-22-010336","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K/A","filed_at":"2022-03-02T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"REFI amends 8-K to provide Verano Holdings audited FY2020 financials; revenue $228.5M, net income $124.7M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Verano revenue grew to $228.5M in 2020 from $65.9M in 2019; net income of $124.7M vs $18.4M loss.","Total assets $459.3M at Dec 31, 2020, up from $194.1M; cash $16.4M vs $6.4M.","Gross profit $255.7M in 2020, driven by $254.2M unrealized fair value gain on biological assets.","REFI acquired $10M loan principal in Verano from an affiliate on Dec 15, 2021 (original report)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396251,"accession_number":"0001213900-22-005797","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-02-08T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"REFI funds $30M senior secured loan to FarmaceuticalRX for Ohio marijuana facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$34M aggregate loan commitment to FarmaceuticalRX; REFI funded $30M.","Loan proceeds to complete Ohio cultivation facility, repay debt, equipment, working capital.","REFI's loan secured by liens on substantially all assets of borrowers, including Ohio real estate.","FarmaceuticalRX operates in Ohio and Pennsylvania medical marijuana markets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396250,"accession_number":"0001213900-22-003847","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-01-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Chicago Atlantic funds $10M initial advance of $25M credit facility to Sanctuary Medicinals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Funded $10M initial advance under a new $25M senior secured credit facility to Sanctuary Medicinals LLC.","Sanctuary operates 5 dispensaries in Florida with plans to open more than 18 additional locations in 2022.","Since December 2021 IPO, Chicago Atlantic has funded a total of $74.2M in principal across 5 new and existing credit facilities.","Facility supports Sanctuary's retail and cultivation expansion in the Florida market."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396249,"accession_number":"0001213900-22-002701","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2022-01-19T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Chicago Atlantic REFI funds $16.1M on $100M credit facility for Michigan cannabis operator","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered First Amendment to $100M senior secured credit facility with a vertically integrated Michigan cannabis operator.","Funded $16.09M of $67.3M aggregate tranche; total funded by REFI now $29.2M.","Remaining $15M committed by other lenders; REFI has no obligation to fund additional amounts.","Loan secured by substantially all borrower assets, including owned real estate in Michigan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":415290,"accession_number":"0001213900-21-066756","cik":1867949,"company_name":"Chicago Atlantic Real Estate Finance, Inc.","ticker":"REFI","form_type":"8-K","filed_at":"2021-12-21T23:59:59+00:00","items":["1.01","2.01","2.03","9.01"],"status":"ready","headline":"REFI upsizes revolving credit facility to $45M, acquires $10M Verano loan from affiliate","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility increased from $10M to $45M with two FDIC-insured banks; matures Dec 16, 2023 with one-year extension option.","Interest rate at Prime plus 0%-1.25% based on leverage ratio, subject to 3.25% Prime Rate floor.","Company acquired $10M of existing loan principal in Verano Holdings from an affiliate at amortized cost, increasing total Verano exposure to $30M.","Proceeds from the facility expected to fund additional loans and for general corporate purposes.","Related-party acquisition was approved by the Audit Committee of the Board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":243034829.8904348,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}