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:   2023-08-09T23:59:59+00:00
Accession:  0001213900-23-064754
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chicago Atlantic Q2 distributable earnings $0.55/share; net interest income $13.7M; NY fund $150M
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- Net interest income $13.7M (down 8.3% sequentially); provision for credit losses $5.2M (up $1.1M).
- Distributable earnings $10.1M or $0.55 per diluted share; book value $15.06 (from $15.04).
- Leverage 16%; liquidity $46.4M ($4.4M cash + $42M credit facility availability).
- New York Cannabis Social Equity Investment Fund: up to $150M; $18.8M advanced for 17 dispensaries.
- Quarterly dividend $0.47 per share paid July 14; 2023 outlook affirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867949/000121390023064754/0001213900-23-064754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867949/000121390023064754/ea183031-8k_chicago.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-064754

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