secwatch.observer — SEC 8-K summary
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Issuer:     Chicago Atlantic Real Estate Finance, Inc. (REFI)
CIK:        0001867949
Form:       8-K
Filed at:   2022-01-19T23:59:59+00:00
Accession:  0001213900-22-002701
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chicago Atlantic REFI funds $16.1M on $100M credit facility for Michigan cannabis operator
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- Entered First Amendment to $100M senior secured credit facility with a vertically integrated Michigan cannabis operator.
- Funded $16.09M of $67.3M aggregate tranche; total funded by REFI now $29.2M.
- Remaining $15M committed by other lenders; REFI has no obligation to fund additional amounts.
- Loan secured by substantially all borrower assets, including owned real estate in Michigan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867949/000121390022002701/0001213900-22-002701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867949/000121390022002701/ea154224-8k_chicago.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-002701

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer