---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-031536"
form_type: "8-K"
ticker: "LIEN"
cik: "0001843162"
company_name: "Chicago Atlantic BDC, Inc."
filed_at: "2026-03-19T23:59:59+00:00"
generated_at: "2026-05-15T09:41:13.974431+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chicago Atlantic BDC Q4 NII $0.36/share; declares $0.34 dividend, zero non-accruals

## Summary
- Q4 net investment income $8.3M ($0.36/share); total investment income $14.2M.
- NAV per share $13.30 (up from $13.27 Q/Q); total net assets $303.4M.
- Declared Q1 dividend $0.34/share, payable April 14 to holders of record March 30.
- Funded $31.7M in Q4, $93.9M post-year-end; portfolio $333.3M, zero non-accruals.

## SEC filing metadata
- accession: 0001213900-26-031536
- form_type: 8-K
- ticker: LIEN
- cik: 0001843162
- company_name: Chicago Atlantic BDC, Inc.
- filed_at: 2026-03-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843162/000121390026031536/0001213900-26-031536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843162/000121390026031536/ea0282548-8k_chicago.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-031536
- JSON: https://secwatch.observer/filing/0001213900-26-031536.json
- Plain text: https://secwatch.observer/filing/0001213900-26-031536.txt

## Key facts
- Earnings Releases
  Chicago Atlantic BDC, Inc. reported the fiscal year ended December 31, 2025 results: revenue $54.3 million, net income $33.1 million, EPS $1.45 per weighted average share.
  - Period: the fiscal year ended December 31, 2025
  - Revenue: $54.3 million
  - Net income: $33.1 million
  - EPS: $1.45 per weighted average share
  - Result: reported results
  source text: For the fiscal year ended December 31, 2025, total investment income was approximately $54.3 million. For the fiscal year ended December 31, 2025, the Company incurred net expenses of approximately $21.2 million, resulting in net investment income of approximately $33.1 million, or $1.45 per weighted average share, and a net increase in net assets from operations of approximately $33.3 million, or $1.46 per weighted average share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843162/000121390026031536/0001213900-26-031536-index.htm
- Earnings Releases
  Chicago Atlantic BDC, Inc. reported the three months ended December 31, 2025 results: revenue $14.2 million, net income $8.3 million, EPS $0.36 per weighted average share.
  - Period: the three months ended December 31, 2025
  - Revenue: $14.2 million
  - Net income: $8.3 million
  - EPS: $0.36 per weighted average share
  - Result: reported results
  source text: For the three months ended December 31, 2025, total investment income was approximately $14.2 million. For the three months ended December 31, 2025, the Company incurred net expenses of approximately $5.9 million, resulting in net investment income of approximately $8.3 million, or $0.36 per weighted average share, and a net increase in net assets from operations of approximately $8.2 million, or $0.36 per weighted average share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843162/000121390026031536/0001213900-26-031536-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.