{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-105594","form_type":"8-K","ticker":"REFI","cik":"0001867949","company_name":"Chicago Atlantic Real Estate Finance, Inc.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.885652+00:00","generated_at":"2026-05-17T00:42:53.630367+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":"Chicago Atlantic Q3 2025 net income $0.42/sh, down 25% YoY; portfolio grows to $400M","bullets":["Net interest income $13.7M, down from $14.5M in Q3 2024; net income $8.9M ($0.42/sh).","Distributable earnings $0.50/sh vs $0.57/sh YoY; regular dividend maintained at $0.47/sh.","Total loan principal $399.9M (up 12% YoY); 86% of loans have rate floors at or above Prime.","Affirmed 2025 outlook; liquidity ~$63M, $69.1M available on revolver extended to 2028.","Pipeline of over $415M in new opportunities; $3.3M advanced post-quarter to existing borrowers."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-105594","json":"https://secwatch.observer/filing/0001213900-25-105594.json","markdown":"https://secwatch.observer/filing/0001213900-25-105594.md","text":"https://secwatch.observer/filing/0001213900-25-105594.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1867949/000121390025105594/0001213900-25-105594-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1867949/000121390025105594/ea0263563-8k_chicago.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:42:53.630367+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"}