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:   2023-03-09T23:59:59+00:00
Accession:  0001213900-23-018679
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chicago Atlantic Q4 2022 net income $7.3M ($0.41/sh); yield to maturity 19.7%, floating rate 83%
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- Q4 net interest income $14.8M (+14.1% seq); net income $7.3M ($0.41/sh), down 25.7% seq.
- Weighted avg yield to maturity 19.7% (up from 18.3% prior qtr); floating rate loans now 83% of portfolio.
- On Feb 15, raised ~$6M via direct offering of 395,779 shares at $15.16; on Feb 27, extended $92.5M credit facility to Dec 2024.
- Q4 regular dividend $0.47/sh plus special $0.29/sh paid Jan 13; full-year dividends $2.10/sh.
- 2023 outlook: maintains 90-100% payout ratio; regular quarterly dividend minimum $0.47/sh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867949/000121390023018679/0001213900-23-018679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867949/000121390023018679/ea174901-8k_chicago.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-018679

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