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:   2022-08-09T23:59:59+00:00
Accession:  0001213900-22-045584
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chicago Atlantic Q2 adjusted distributable earnings $0.50/share; dividend raised 17.5% to $0.47
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- Net income of $7.5M ($0.42/diluted share); adjusted distributable earnings of $8.8M ($0.50/share).
- Total interest income $11.9M; portfolio weighted avg yield to maturity 17.7% (up from 17.2% Q1).
- Book value per share $15.13; leverage ratio 16.8% ($45M drawn on $65M credit facility).
- Paid Q2 dividend of $0.47/share, a 17.5% increase from Q1; expects at least $0.47 for Q3 and Q4.
- H2 2022 adjusted distributable earnings guidance of $1.00-$1.05 per share; full year $1.95-$2.00.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867949/000121390022045584/0001213900-22-045584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867949/000121390022045584/ea164004-8k_chicagoatl.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-045584

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