Chicago Atlantic BDC Inc Stock Price, News & Analysis

Chicago Atlantic BDC (NASDAQ: LIEN) has scheduled its 2025 Annual Meeting of Stockholders for June 25, 2025, at 10:00 AM ET. The virtual meeting will be accessible to stockholders of record as of April 25, 2025, via www.virtualshareholdermeeting.com/LIEN2025. The agenda includes two main items: the re-election of Supurna VedBrat to the Board of Directors for a term until 2028, and the ratification of BDO USA, P.C. as the company's independent registered public accounting firm for fiscal year 2025. Stockholders can vote prior to the meeting through online proxy voting, phone, or mail.

Chicago Atlantic BDC (NASDAQ: LIEN) reported strong Q1 2025 financial results, with total gross investment income of $11.9 million and net investment income of $7.6 million ($0.34 per share). The company's total investment portfolio reached $289.3 million across 31 portfolio companies, with a NAV per share of $13.19 as of March 31, 2025.

Key developments include securing a new $100 million senior secured revolving credit facility in February 2025, committing $32.3 million for four new credit facilities, and declaring a dividend of $0.34 per share for Q2 2025. The company maintains a strong portfolio with no loans on non-accrual status and has funded $7.2 million in investments across four borrowers in early Q2 2025.

Chicago Atlantic BDC (NASDAQ: LIEN), a specialty finance company operating as a business development company, has scheduled its first quarter 2025 financial results announcement for May 14, 2025.

Key event details:

• Financial results release: Before market opens on Wednesday, May 14, 2025
• Conference call time: 9:00 a.m. Eastern Time
• Call-in numbers: (833) 630-1956 (domestic) or 412-317-1837 (international)
• Webcast: Available live on lien.chicagoatlantic.com

A replay of the conference call will be accessible on the company's website at lien.chicagoatlantic.com by the end of day on May 14, 2025. The presentation will cover financial performance for the quarter ending March 31, 2025.

Chicago Atlantic BDC (NASDAQ: LIEN) reported its Q4 and full-year 2024 financial results. Key Q4 highlights include: total investment income of $12.7 million, net investment income of $8.0 million ($0.35 per share), and an investment portfolio valued at $275.2 million across 28 portfolio companies.

The company completed its Loan Portfolio Acquisition from Chicago Atlantic Loan Portfolio (CALP) on October 1, 2024, receiving a portfolio valued at $219.6 million in exchange for 16,605,372 newly issued shares. The company declared quarterly dividends of $0.34 per share for Q4 2024 and Q1 2025, representing a 36% increase from Q3 2024.

Notable developments include securing a new $100 million senior secured revolving credit facility in February 2025, funding $24.8 million in Q4 2024 investments, and $20.8 million in Q1 2025. The company's NAV per share was $13.20 as of December 31, 2024, with total net assets of $301.2 million.

Chicago Atlantic BDC (NASDAQ: LIEN) has declared a quarterly cash dividend of $0.34 per share for the first quarter ending March 31, 2025. The company, operating as a specialty finance company regulated as a business development company, has implemented a dividend reinvestment plan (DRIP) for its stockholders.

Under the DRIP, dividends will be automatically reinvested in additional company common stock unless shareholders specifically opt out through their brokers or financial intermediaries. Stockholders wishing to receive cash dividends must contact their brokers to determine the necessary action and timing requirements.

Chicago Atlantic BDC (NASDAQ: LIEN), a specialty finance company and business development company, has scheduled its fourth quarter and full year 2024 financial results announcement for March 31, 2025. The company will release its results before market opening, followed by a conference call and live audio webcast at 8:30 a.m. Eastern Time.

Investors and interested parties can access the conference call by dialing (833) 630-1956 for domestic callers or 412-317-1837 for international participants. The live audio webcast will be available on the company's website at lien.chicagoatlantic.com, where a replay will also be accessible after the event.

Chicago Atlantic BDC (NASDAQ: LIEN) has secured a new $100 million senior secured revolving credit facility maturing in March 2028, with an interest rate of SOFR plus 3.00%. The company, which currently has no debt outstanding, plans to use this facility to fund portfolio growth and capitalize on lending opportunities.

The company recently announced a 36% increase in quarterly dividend to $0.34 per share for Q4 2024, up from $0.25 in Q3 2024. As of October 1, 2024, the investment portfolio features include 100% senior-secured loans, no non-accrual positions, and a 17.2% gross weighted-average yield of debt investments. The portfolio demonstrates strong metrics with a weighted average Sr. Secured Net Debt/EBITDA of 1.6x and weighted average interest coverage of 4.1x.

Chicago Atlantic BDC (NASDAQ: LIEN) has declared a cash dividend of $0.34 per share for Q4 2024, representing a 36% increase from the previous quarter's dividend of $0.25 per share. The dividend will be recorded on December 19, 2024, with payment scheduled for December 27, 2024.

The company maintains a dividend reinvestment plan (DRIP) that automatically reinvests dividends into additional common stock unless stockholders specifically opt out. Stockholders holding shares through brokers need to contact their financial intermediaries to receive cash dividends instead of stock reinvestment.

Chicago Atlantic BDC (NASDAQ: LIEN) reported its Q3 2024 financial results with total investment income of $3.2 million and net investment income of $0.0 million. The investment portfolio stood at $55.8 million at fair value, with NAV per share at $13.28. On October 1, 2024, the company completed a significant Loan Portfolio Acquisition, increasing net assets to approximately $302 million and expanding portfolio companies from 7 to 28. The acquisition involved issuing 16,605,372 new shares, resulting in CALP owning 72.8% of outstanding shares. The company positions itself as the only publicly listed BDC primarily focused on cannabis lending.