---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-088673"
form_type: "8-K"
ticker: "LIEN"
cik: "0001843162"
company_name: "Chicago Atlantic BDC, Inc."
filed_at: "2026-08-13T11:02:06+00:00"
generated_at: "2026-08-13T11:05:21.835068+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# LIEN Q2 NII $7.7M ($0.34/sh) vs $10.0M Q1; NAV $13.26; dividend held at $0.34

## Summary
- Total investment income $14.0M ($0.61/sh) vs $16.7M ($0.73) in Q1; NII $7.7M ($0.34) vs $10.0M ($0.44).
- Portfolio fair value $334.8M across 37 companies; weighted avg yield 16.0% (up from 15.8%); no non-accruals.
- Q2 fundings $2.7M; repayments $26.7M; post-quarter funded $25.0M to new company; pipeline ~$1.1B.
- Q3 dividend $0.34/sh payable Oct 9, 2026, record Sep 25; seventh consecutive at that rate.
- Merger with REFI expected Q4 2026; REFI stockholders would own ~50.5% based on Mar 31 NAVs.

## SEC filing metadata
- accession: 0001213900-26-088673
- form_type: 8-K
- ticker: LIEN
- cik: 0001843162
- company_name: Chicago Atlantic BDC, Inc.
- filed_at: 2026-08-13T11:02:06+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843162/000121390026088673/0001213900-26-088673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843162/000121390026088673/ea0301791-8k425_chicago.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-088673
- JSON: https://secwatch.observer/filing/0001213900-26-088673.json
- Plain text: https://secwatch.observer/filing/0001213900-26-088673.txt

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