secwatch.observer — SEC 8-K summary
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Issuer:     Chicago Atlantic BDC, Inc. (LIEN)
CIK:        0001843162
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0000950103-24-016105
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chicago Atlantic BDC Q3 NII $0.0M; closes transformative $219.6M loan acquisition
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- Q3 total investment income $3.2M; NII $0.0M ($0.00/sh) after $2.4M acquisition expenses.
- NAV per share $13.28 at Sep 30, down from $13.56 in prior quarter.
- Closed Loan Portfolio Acquisition Oct 1: acquired $219.6M loans for 16.6M shares; net assets ~$302M.
- Portfolio now 28 cos., 79% floating rate, 17.2% gross yield, 0% non-accruals.
- Renamed Chicago Atlantic BDC, ticker LIEN; legacy CALP owns 72.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843162/000095010324016105/0000950103-24-016105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843162/000095010324016105/dp220515_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-016105

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