---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-004506"
form_type: "8-K"
ticker: "LIEN"
cik: "0001843162"
company_name: "Chicago Atlantic BDC, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:33:16.361398+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Silver Spike Investment Corp. Q4 2023 NII $1.7M ($0.28/sh), NAV down to $13.77, $0.25 dividend

## Summary
- Q4 2023 total investment income $3.6M; net investment income $1.7M or $0.28 per share.
- NAV per share decreased from $14.06 (Sep 30) to $13.77 (Dec 31), driven by dividend payments.
- Board declared $0.25 per share cash dividend payable March 28, 2024, record March 20, 2024.
- Portfolio fair value $54.1M; no loans on non-accrual; available liquidity $32.6M cash equivalents.
- Agreed to purchase loan portfolio from Chicago Atlantic Loan Portfolio in exchange for stock (Feb 20, 2024).

## SEC filing metadata
- accession: 0000950103-24-004506
- form_type: 8-K
- ticker: LIEN
- cik: 0001843162
- company_name: Chicago Atlantic BDC, Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843162/000095010324004506/0000950103-24-004506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843162/000095010324004506/dp209055_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-004506
- JSON: https://secwatch.observer/filing/0000950103-24-004506.json
- Plain text: https://secwatch.observer/filing/0000950103-24-004506.txt

## Key facts
- Earnings Releases
  Chicago Atlantic BDC, Inc. reported fiscal year ended December 31, 2023 results: revenue $3.6 million, net income $1.7 million, EPS $0.28 per share.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $3.6 million
  - Net income: $1.7 million
  - EPS: $0.28 per share
  - Result: reported results
  source text: a business development company, today announced its financial results for the fiscal year ended December 31, 2023. Quarter Ended 12/31/23 Highlights · Total investment income of $3.6 million · Net investment income of $1.7 million, or $0.28 per share · Investment portfolio of $54.1 million at fair value · Net asset value (“NAV”) per share decreased from $14.06 on
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843162/000095010324004506/0000950103-24-004506-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.