{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-040396","form_type":"8-K","ticker":"REFI","cik":"0001867949","company_name":"Chicago Atlantic Real Estate Finance, Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.289470+00:00","generated_at":"2026-05-22T09:12:08.504002+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"REFI Q1 net income $10.0M ($0.47 diluted); book value $14.87, dividend $0.47","bullets":["Net income $10.0M ($0.47 diluted), up 20.5% sequentially; distributable earnings $9.7M.","Net interest income $13.0M vs $14.1M in Q4 2024; includes $0.4M prepayment fees.","Loan portfolio $407M principal across 30 cos; weighted avg yield 16.9% (17.2% prior).","Book value $14.87/share (from $14.83); leverage 28%; paid $0.47 dividend on Apr 15.","Affirmed 2025 outlook; management sees opportunity amid cannabis disruption and tariff uncertainty."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-040396","json":"https://secwatch.observer/filing/0001213900-25-040396.json","markdown":"https://secwatch.observer/filing/0001213900-25-040396.md","text":"https://secwatch.observer/filing/0001213900-25-040396.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1867949/000121390025040396/0001213900-25-040396-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1867949/000121390025040396/ea0240900-8k_chicago.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T09:12:08.504002+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}