{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-24-002396","form_type":"8-K","ticker":"LIEN","cik":"0001843162","company_name":"Chicago Atlantic BDC, Inc.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.932550+00:00","generated_at":"2026-06-05T23:21:54.046866+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Silver Spike to acquire ~$130M loan portfolio from Chicago Atlantic; strategy broadened beyond cannabis","bullets":["Acquiring CALP loan portfolio of 24 loans ($130M aggregate value as of Jan 1, 2024) plus potential $43M in 4 additional loans.","Consideration: newly issued SSIC common shares valued at NAV; CALP will own majority of SSIC post-close.","Pro forma net assets ~$213M; portfolio companies expand from 6 to ~27; cannabis exposure drops to ~71%.","Board also approved broadening investment strategy beyond cannabis/health & wellness, effective ~April 22, 2024.","Transaction expected to close mid-2024; separate adviser joint venture announced with Chicago Atlantic."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-24-002396","json":"https://secwatch.observer/filing/0000950103-24-002396.json","markdown":"https://secwatch.observer/filing/0000950103-24-002396.md","text":"https://secwatch.observer/filing/0000950103-24-002396.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1843162/000095010324002396/0000950103-24-002396-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1843162/000095010324002396/dp207014_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T23:21:54.046866+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}