Welcome to our dedicated page for Chicago Atlantic BDC news (Ticker: LIEN), a resource for investors and traders seeking the latest updates and insights on Chicago Atlantic BDC stock.
Chicago Atlantic BDC, Inc. reports developments for a specialty finance company that has elected to be regulated as a business development company. The company focuses on direct lending to privately held middle-market borrowers, with a particular emphasis on cannabis-related companies and senior secured credit.
Recurring news includes quarterly and annual financial results, portfolio funding activity, repayments, net asset value, non-accrual status, liquidity, and cash dividend declarations. Company updates also cover dividend reinvestment plan mechanics, earnings calls, investor conference participation, annual meeting matters, and other governance communications tied to its Nasdaq-listed common stock.
Chicago Atlantic BDC (NASDAQ: LIEN) announced that its board of directors has declared a cash dividend of $0.34 per share for the quarter ended September 30, 2026. Shareholders of record on September 25, 2026 are scheduled to receive payment on October 9, 2026.
Chicago Atlantic BDC (NASDAQ: LIEN) reported Q2 2026 total investment income of $14.0 million and net investment income of $7.7 million, or $0.34 per share, with net assets from operations increasing by $6.1 million, or $0.27 per share.
As of June 30, 2026, total assets were $344.0 million and net asset value per share was $13.26. The investment portfolio stood at $334.8 million across 37 companies, with a weighted average yield on debt investments of 16.0% and no loans on non-accrual status.
LIEN had $73.9 million of liquidity and a debt-to-equity ratio of 0.09x. The board declared a Q3 2026 dividend of $0.34 per share, matching the Q2 dividend and marking the seventh consecutive quarter at that level. The company also filed a $500 million shelf registration statement and agreed to merge with Chicago Atlantic Real Estate Finance (NASDAQ: REFI) in an NAV-for-NAV stock transaction expected, subject to approvals and conditions, to close in Q4 2026.
Chicago Atlantic Real Estate Finance (NASDAQ: REFI) reported second quarter 2026 net income of $7.5 million, or $0.34 per share, and distributable earnings of $9.3 million, or $0.43 diluted per share. Net interest income was $12.8 million and regular dividends declared totaled $0.47 per share.
Total loan principal outstanding rose to $453.1 million across 26 portfolio companies, with a gross unlevered weighted average yield to maturity of 15.8% and a debt/equity ratio of 46.6%. The current expected credit loss reserve increased to $9.4 million.
On July 9, 2026, Chicago Atlantic issued 4,306,754 shares (about 16.8% of post-issuance shares) to Koach in exchange for approximately $62.5 million in second lien notes bearing 12.0% interest and secured by 32 cannabis-related properties. The company also highlighted its pending NAV-based stock-for-stock merger with Chicago Atlantic BDC (NASDAQ: LIEN), under which, using March 31, 2026 NAVs and before subsequent adjustments, former REFI stockholders would be expected to own about 50.5% of LIEN at closing, currently targeted for the fourth quarter of 2026.
Chicago Atlantic BDC (NASDAQ: LIEN) will release its second quarter 2026 financial results for the period ended June 30, 2026 before the market opens on Thursday, August 13, 2026. The company will host a public conference call and live audio webcast that day at 9:00 a.m. Eastern Time, accessible via phone and online with a replay available on its investor website by end of day.
Chicago Atlantic Real Estate Finance and Chicago Atlantic BDC (NASDAQ: LIEN) agreed to an all-stock, adjusted NAV-for-NAV merger, with REFI becoming a BDC and merging into LIEN.
The combined BDC is expected to have pro-forma NAV of $613 million and a $771 million investment portfolio, close in Q4 2026, be led by CEO Peter Sack, and may consider a $25 million stock repurchase program post-closing.
Chicago Atlantic BDC (NASDAQ: LIEN) announced a cash dividend of $0.34 per share for the quarter ending June 30, 2026. The dividend has a record date of June 26, 2026 and a payment date of July 10, 2026.
Chicago Atlantic BDC (NASDAQ: LIEN) reported first quarter 2026 results with total investment income of $16.7 million and net investment income of $10.0 million, or $0.44 per share. The investment portfolio reached $364.0 million, NAV per share was $13.33, and a $0.34 dividend was declared for Q2 2026.
Chicago Atlantic BDC (NASDAQ: LIEN) filed a shelf registration statement with the SEC that, once effective, will permit issuing up to $500 million of securities, including debt, in multiple offerings.
The company targets greater financial flexibility to fund portfolio growth, repay debt, and cover general corporate needs.
Chicago Atlantic BDC (NASDAQ: LIEN) announced its 2026 annual meeting of stockholders will be held virtually on June 24, 2026 at 10:00 AM ET. Stockholders of record as of April 27, 2026 may attend. Voting instructions and meeting details are available in the proxy statement and proxy materials.
Chicago Atlantic BDC (NASDAQ: LIEN) will release first-quarter 2026 financial results for the period ended March 31, 2026 before the market opens on Thursday, May 14, 2026. A conference call and live audio webcast for the public will follow the same day at 9:00 a.m. Eastern Time.
Dial-in numbers: 833-630-1956 (US) and 412-317-1837 (international). The live webcast and replay will be available at investors.chicagoatlanticbdc.com, with the replay posted by end of day May 14, 2026.