NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("LIEN" or the "Company") (NASDAQ:LIEN), formerly Silver Spike Investment Corp., a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights and Subsequent Events Total investment income of $12.7 millionNet investment income of $8.0 million, or $0.35 per weighted average share outstandingInvestment portfolio of $275.2 million at fair valueNet asset value ("NAV") per share was $13.20 on December 31, 2024As previously announced, on October 1, 2024, the Company

NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced that the Company's board of directors has declared a cash dividend of $0.34 per share for the quarter ending March 31, 2025. The following are the key dates for the dividend: Record DateMarch 28, 2025Payment DateApril 11, 2025 The Company has adopted a dividend reinvestment plan ("DRIP") that provides for reinvestment of dividends on behalf of its stockholders, unless a stockholder elects to receive cash. As a result, when the Company declares a cash dividend, stockholders who

NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced details for the release of its financial results for the fourth quarter and year ended December 31, 2024. The Company plans to release its financial results for the fourth quarter and year ended December 31, 2024 before the market opens on Monday, March 31, 2025, and host a conference call and live audio webcast, both open for the general public to hear, later that day at 8:30 a.m. Eastern Time. The number to call for the conference call is (833) 630-1956 (international callers

NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company ("BDC"), today announced that the Company has closed a new $100 million senior secured revolving credit facility (the "Credit Facility") led by an FDIC-insured financial institution. The Credit Facility matures in March 2028 and bears interest at SOFR plus 3.00%. Scott Gordon, Executive Chairman and Co-Chief Investment Officer of the Company, commented, "We are pleased to close this new Credit Facility and secure an attractive source of additional capital from an industry-leading banking partner

NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced that the Company's board of directors has declared a cash dividend of $0.34 per share for the quarter ending December 31, 2024, which represents a 36% increase from the $0.25 per share dividend for the quarter ended September 30, 2024. The following are the key dates for the dividend: Record DateDecember 19, 2024Payment DateDecember 27, 2024 The Company has adopted a dividend reinvestment plan ("DRIP") that provides for reinvestment of dividends on behalf of its stockholder

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("LIEN" or the "Company") (NASDAQ:LIEN), formerly Silver Spike Investment Corp., a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights and Subsequent Events Total investment income of $3.2 millionNet investment income of $0.0 million, or $0.00 per shareInvestment portfolio of $55.8 million at fair valueNet asset value ("NAV") per share was $13.28 on September 30, 2024As previously announced, on October 1, 2024, the Company acquired a portfolio of loans (the "Loan

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("Chicago Atlantic BDC" or the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced it will report financial results for its third quarter ended September 30, 2024, before market open on Friday, November 8, 2024. Chicago Atlantic BDC will host a conference call and webcast to discuss the Company's financial results at 8:00 a.m. Eastern Time on Friday, November 8, 2024. Participants may register for the call here. A live webcast of the call will also be available on the Chicago Atlantic BDC website at lien.chicagoatlantic.com. A replay

NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("LIEN" or the "Company") (NASDAQ:LIEN), formerly Silver Spike Investment Corp., a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights and Subsequent Events Total investment income of $12.7 millionNet investment income of $8.0 million, or $0.35 per weighted average share outstandingInvestment portfolio of $275.2 million at fair valueNet asset value ("NAV") per share was $13.20 on December 31, 2024As previously announced, on October 1, 2024, the Company

NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced that the Company's board of directors has declared a cash dividend of $0.34 per share for the quarter ending March 31, 2025. The following are the key dates for the dividend: Record DateMarch 28, 2025Payment DateApril 11, 2025 The Company has adopted a dividend reinvestment plan ("DRIP") that provides for reinvestment of dividends on behalf of its stockholders, unless a stockholder elects to receive cash. As a result, when the Company declares a cash dividend, stockholders who

NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced details for the release of its financial results for the fourth quarter and year ended December 31, 2024. The Company plans to release its financial results for the fourth quarter and year ended December 31, 2024 before the market opens on Monday, March 31, 2025, and host a conference call and live audio webcast, both open for the general public to hear, later that day at 8:30 a.m. Eastern Time. The number to call for the conference call is (833) 630-1956 (international callers

NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company ("BDC"), today announced that the Company has closed a new $100 million senior secured revolving credit facility (the "Credit Facility") led by an FDIC-insured financial institution. The Credit Facility matures in March 2028 and bears interest at SOFR plus 3.00%. Scott Gordon, Executive Chairman and Co-Chief Investment Officer of the Company, commented, "We are pleased to close this new Credit Facility and secure an attractive source of additional capital from an industry-leading banking partner

NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced that the Company's board of directors has declared a cash dividend of $0.34 per share for the quarter ending December 31, 2024, which represents a 36% increase from the $0.25 per share dividend for the quarter ended September 30, 2024. The following are the key dates for the dividend: Record DateDecember 19, 2024Payment DateDecember 27, 2024 The Company has adopted a dividend reinvestment plan ("DRIP") that provides for reinvestment of dividends on behalf of its stockholder

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("LIEN" or the "Company") (NASDAQ:LIEN), formerly Silver Spike Investment Corp., a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights and Subsequent Events Total investment income of $3.2 millionNet investment income of $0.0 million, or $0.00 per shareInvestment portfolio of $55.8 million at fair valueNet asset value ("NAV") per share was $13.28 on September 30, 2024As previously announced, on October 1, 2024, the Company acquired a portfolio of loans (the "Loan

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("Chicago Atlantic BDC" or the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced it will report financial results for its third quarter ended September 30, 2024, before market open on Friday, November 8, 2024. Chicago Atlantic BDC will host a conference call and webcast to discuss the Company's financial results at 8:00 a.m. Eastern Time on Friday, November 8, 2024. Participants may register for the call here. A live webcast of the call will also be available on the Chicago Atlantic BDC website at lien.chicagoatlantic.com. A replay