--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-23-050193" form_type: "8-K" ticker: "REFI" cik: "0001867949" company_name: "Chicago Atlantic Real Estate Finance, Inc." filed_at: "2023-06-21T23:59:59+00:00" generated_at: "2026-06-13T20:17:49.900744+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Chicago Atlantic Real Estate Finance enters $75M at-the-market equity offering ## Summary - Entered ATM sales agreements with BTIG, Compass Point, and Oppenheimer to sell up to $75M of common stock. - Net proceeds to fund loan pipeline, pay down revolving credit facility, and for general corporate purposes. - Sales Agents receive up to 3.0% commission on gross sales price; offering made under shelf registration. - At 2023 Annual Meeting, all 9 director nominees elected; BDO USA ratified as auditor for FY2023. - Broker non-votes of 8,406,390 on director elections; ratification passed with 12,168,943 votes for. ## SEC filing metadata - accession: 0001213900-23-050193 - form_type: 8-K - ticker: REFI - cik: 0001867949 - company_name: Chicago Atlantic Real Estate Finance, Inc. - filed_at: 2023-06-21T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1867949/000121390023050193/0001213900-23-050193-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867949/000121390023050193/ea180561-8k_chicago.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-23-050193 - JSON: https://secwatch.observer/filing/0001213900-23-050193.json - Plain text: https://secwatch.observer/filing/0001213900-23-050193.txt ## Key facts - Material Agreements Chicago Atlantic Real Estate Finance, Inc. entered into Sales Agreements with BTIG, LLC, Compass Point Research & Trading LLC, and Oppenheimer & Co. Inc. valued at up to $75,000,000 (effective 2023-06-20). - Action: entry - Agreement: atm program - Counterparty: BTIG, LLC, Compass Point Research & Trading LLC, and Oppenheimer & Co. Inc. - Value: up to $75,000,000 - Effective: 2023-06-20 source text: On June 20, 2023, Chicago Atlantic Real Estate Finance, Inc. (the “Company”) and Chicago Atlantic REIT Manager LLC (the “Manager”) entered into separate at-the-market sales agreements (each a “Sales Agreement” and together, the “Sales Agreements”) with BTIG, LLC, Compass Point Research & Trading LLC, and Oppenheimer & Co. Inc. (each a “Sales Agent” and together, the “Sales Agents”). evidence_url: https://www.sec.gov/Archives/edgar/data/1867949/000121390023050193/0001213900-23-050193-index.htm - Shareholder Votes Chicago Atlantic Real Estate Finance, Inc. shareholders approved Ratification of the Appointment of BDO USA LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-15 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-06-15 source text: Ratification of the Appointment of BDO USA LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023: Stockholders of the Company ratified the appointment of BDO USA LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 based on the following votes: Votes For Votes Against Abstentions/ Withheld Broker Non-Votes All Stockholders 12,168,943 94,041 127,314 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1867949/000121390023050193/0001213900-23-050193-index.htm - Shareholder Votes Chicago Atlantic Real Estate Finance, Inc. shareholders approved Election of Directors at the 2023-06-15 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-06-15 source text: The Company held its 2023 Annual Meeting of Stockholders on June 15, 2023 and submitted two (2) matters to the vote of stockholders. A summary of the matters voted upon by the stockholders is set forth below. Election of Directors: Stockholders of the Company elected nine nominees for director, each to serve for a one-year term to expire at the 2024 Annual Meeting of Stockholders based on the following votes: Nominee Total Votes For Total Votes Withheld Broker Non-Votes Andreas Bodmeier 3,827,939 155,969 8,406,390 John Mazarakis 3,827,550 156,358 8,406,390 Anthony Cappell 3,943,564 40,344 8,406,390 Peter Sack 3,814,319 169,589 8,406,390 Jason Papastavrou 2,346,045 1,637,863 8,406,390 Frederick C. Herbst 3,938,889 45,019 8,406,390 Donald E. Gulbrandsen 3,058,670 925,238 8,406,390 Brandon Konigsberg 3,900,240 83,668 8,406,390 Michael L. Steiner 3,058,660 925,248 8,406,390 evidence_url: https://www.sec.gov/Archives/edgar/data/1867949/000121390023050193/0001213900-23-050193-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.