{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-003523","form_type":"8-K","ticker":"LIEN","cik":"0001843162","company_name":"Chicago Atlantic BDC, Inc.","filed_at":"2025-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.239187+00:00","generated_at":"2026-05-24T14:30:54.960581+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Chicago Atlantic BDC replaces CEO and directors; declares $0.34 Q1 dividend","bullets":["Andreas Bodmeier resigned as CEO; Peter Sack appointed as CEO effective March 13, 2025.","Directors Frederick Herbst and Jason Papastavrou resigned; Supurna VedBrat and Patrick McCauley appointed as Class 1 and Class 3 directors.","Board declared $0.34 per share cash dividend for Q1 2025; record date March 28, payment April 11.","Q4 2024 earnings call scheduled for March 31, 2025; no financial results released yet."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-003523","json":"https://secwatch.observer/filing/0000950103-25-003523.json","markdown":"https://secwatch.observer/filing/0000950103-25-003523.md","text":"https://secwatch.observer/filing/0000950103-25-003523.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1843162/000095010325003523/0000950103-25-003523-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1843162/000095010325003523/dp226342_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T14:30:54.960581+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":[{"claim_id":"165dc9f4b9","claim":"Patrick McCauley was appointed as Director at Chicago Atlantic BDC, Inc..","evidence_excerpt":"On March 13, 2025, the Board appointed 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5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1843162/000095010325003523/0000950103-25-003523-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"707d738587","claim":"Jason Papastavrou resigned as Director at Chicago Atlantic BDC, Inc..","evidence_excerpt":"On March 13, 2025, each of Mr. Frederick Herbst and Mr. Jason Papastavrou resigned from his position as Director of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1843162/000095010325003523/0000950103-25-003523-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8c58e2db4c","claim":"Supurna VedBrat was appointed as Director at Chicago Atlantic BDC, Inc..","evidence_excerpt":"On March 13, 2025, the board of directors of the Company (the “Board”) appointed Ms. Supurna VedBrat to replace Mr. Herbst as a Class 1 Director of the Company, to serve until the Company’s annual meeting of stockholders to be held in 2025, or until her successor is duly elected and qualified.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1843162/000095010325003523/0000950103-25-003523-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a76954fa42","claim":"Supurna VedBrat was appointed as Class 1 Director at Chicago Atlantic BDC, Inc..","evidence_excerpt":"On March 13, 2025, the board of directors of the Company (the “Board”) appointed Ms. Supurna VedBrat to replace Mr. Herbst as a Class 1 Director of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1843162/000095010325003523/0000950103-25-003523-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class 1 Director"}],"fact_type":"executive_change"},{"claim_id":"bfeb6ed7e2","claim":"Andreas Bodmeier resigned as Chief Executive Officer at Chicago Atlantic BDC, Inc..","evidence_excerpt":"On March 13, 2025, Mr. Andreas Bodmeier resigned from his position as Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1843162/000095010325003523/0000950103-25-003523-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}