---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-004068"
form_type: "8-K"
ticker: "LIEN"
cik: "0001843162"
company_name: "Chicago Atlantic BDC, Inc."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T02:24:04.802694+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chicago Atlantic BDC Q4 NII $8.0M ($0.35/sh); raises quarterly dividend 36% to $0.34

## Summary
- Q4 total investment income $12.7M; net investment income $8.0M ($0.35/sh).
- Full year 2024 NII $9.5M ($0.91/sh); adjusted NII $14.8M ($1.43/sh) excl. acquisition costs.
- NAV per share $13.20 at Dec 31, 2024, vs $13.28 at Sep 30 and $13.77 at Dec 31, 2023.
- Quarterly dividend raised to $0.34 from $0.25 (36% increase); declared for Q4 2024 and Q1 2025.
- Closed $100M senior secured revolver (SOFR+3.00%, matures Mar 2028); no loans on non-accrual.

## SEC filing metadata
- accession: 0000950103-25-004068
- form_type: 8-K
- ticker: LIEN
- cik: 0001843162
- company_name: Chicago Atlantic BDC, Inc.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843162/000095010325004068/0000950103-25-004068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843162/000095010325004068/dp226957_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-004068
- JSON: https://secwatch.observer/filing/0000950103-25-004068.json
- Plain text: https://secwatch.observer/filing/0000950103-25-004068.txt

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