SSIC stockholders approve acquisition of CALP loan portfolio in exchange for new shares

Chicago Atlantic BDC, Inc.

Stockholders voted 99.8% in favor (4.95M for, 10K against) of issuing shares to acquire CALP loan portfolio.
Directors Frederick C. Herbst, John Mazarakis, and Jason Papastavrou elected to staggered terms.
New investment advisory agreement with Silver Spike Capital approved; fees unchanged from current agreement.
Post-closing, company to be renamed Chicago Atlantic BDC, Inc., ticker changed to LIEN.
Transaction expected to close as soon as practicable; management cites increased scale and growth opportunity.

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