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
4 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
4 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
4/A - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
4 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
3 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
3 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
3 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
3 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
3 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
3 - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
4/A - Chicago Atlantic BDC, Inc. (0001843162) (Issuer)
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
SC 13G/A - Chicago Atlantic BDC, Inc. (0001843162) (Subject)
SC 13D/A - Chicago Atlantic BDC, Inc. (0001843162) (Subject)
SC 13D - Chicago Atlantic BDC, Inc. (0001843162) (Subject)
8-K - Chicago Atlantic BDC, Inc. (0001843162) (Filer)
8-K - Chicago Atlantic BDC, Inc. (0001843162) (Filer)
8-K - Chicago Atlantic BDC, Inc. (0001843162) (Filer)
8-K - Chicago Atlantic BDC, Inc. (0001843162) (Filer)
8-K - Chicago Atlantic BDC, Inc. (0001843162) (Filer)