Chicago Atlantic Bdc, Inc. (LIEN) — SEC Filings
Chicago Atlantic Bdc, Inc. (LIEN) — 43 SEC filings. Latest: 8-K (Dec 19, 2025). Includes 28 8-K, 6 10-Q, 2 DEF 14A.
View Chicago Atlantic Bdc, Inc. on SEC EDGAR
Overview
Chicago Atlantic Bdc, Inc. (LIEN) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Dec 19, 2025: Chicago Atlantic BDC, Inc. filed an 8-K on December 19, 2025, reporting on events that occurred on December 9, 2025. The filing indicates amendments to its articles of incorporation or bylaws, other events, and financial statements/exhibits. The company, formerly known as Silver Spike Investment Cor
Sentiment Summary
Across 43 filings, the sentiment breakdown is: 41 neutral, 2 mixed. The dominant filing sentiment for Chicago Atlantic Bdc, Inc. is neutral.
Filing Type Overview
Chicago Atlantic Bdc, Inc. (LIEN) has filed 28 8-K, 6 10-Q, 1 DEFA14A, 2 DEF 14A, 1 10-K/A, 2 10-K, 1 SC 13G/A, 1 SC 13D/A, 1 SC 13D with the SEC between Feb 2024 to Dec 2025.
Filings by Year
Recent SEC Filings (43)
Risk Profile
Risk Assessment: Of LIEN's 40 recent filings, 1 were flagged as high-risk, 14 as medium-risk, and 25 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $40,073,643 |
| Net Income | $24,804,149 |
| EPS | $1.09 |
| Debt-to-Equity | 0.08 |
| Cash Position | $10,462,366 |
| Operating Margin | 61.9% |
| Total Assets | $327,253,579 |
| Total Debt | $11,000,000 |
Key Executives
- U.S. Presidential administration
- John F. Miller
- Michael J. Van Schooneveld
Industry Context
Chicago Atlantic operates as a Business Development Company (BDC), a sector focused on providing capital to small and medium-sized businesses. The industry is characterized by its reliance on interest income and fees generated from debt investments. BDCs are sensitive to interest rate environments and regulatory changes. The company's significant concentration in the cannabis industry highlights a niche within the broader BDC landscape, which carries specific regulatory and market risks.
Top Tags
financial-condition (8) · corporate-governance (7) · disclosure (6) · results-of-operations (5) · BDC (4) · 8-K (4) · 10-Q (4) · financial-reporting (3) · bdc (3) · filing (3)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Investment Income | $24.80M | Increased significantly from $1.46M for the nine months ended September 30, 2024 |
| Total Investment Income | $40.07M | Increased from $9.02M for the nine months ended September 30, 2024 |
| Interest Income (Non-control/non-affiliate) | $37.01M | Increased from $8.20M for the nine months ended September 30, 2024 |
| Total Assets | $327.25M | Increased from $309.56M at December 31, 2024 |
| Revolving Line of Credit | $11.00M | New liability as of September 30, 2025 |
| Distributions Payable | $7.76M | New liability as of September 30, 2025 |
| Total Net Assets | $302.92M | Increased from $301.16M at December 31, 2024 |
| Net Asset Value Per Share | $13.27 | Increased from $13.20 at December 31, 2024 |
| Percentage of Net Assets in Cannabis Debt | 73.4% | Represents the concentration of the investment portfolio |
| Shares of Common Stock Outstanding | 22,820,590 | As of November 11, 2025 |
| Investments at fair value | $307,499,004 | Increased from $275,241,398 at December 31, 2024 |
| Cash and cash equivalents | $13,829,354 | Decreased from $23,932,406 at December 31, 2024 |
| Total Liabilities | $29,906,856 | Increased from $8,398,463 at December 31, 2024 |
| % of Net Assets | 76.1% | Represented by US Debt Cannabis investments |
| Revolving line of credit | $5,000,000 | New liability as of June 30, 2025 |
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Frequently Asked Questions
What are the latest SEC filings for Chicago Atlantic Bdc, Inc. (LIEN)?
Chicago Atlantic Bdc, Inc. has 43 recent SEC filings from Feb 2024 to Dec 2025, including 28 8-K, 6 10-Q, 2 DEF 14A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of LIEN filings?
Across 43 filings, the sentiment breakdown is: 41 neutral, 2 mixed. The dominant sentiment is neutral.
Where can I find Chicago Atlantic Bdc, Inc. SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Chicago Atlantic Bdc, Inc. (LIEN) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Chicago Atlantic Bdc, Inc.?
Key financial highlights from Chicago Atlantic Bdc, Inc.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for LIEN?
The investment thesis for LIEN includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Chicago Atlantic Bdc, Inc.?
Key executives identified across Chicago Atlantic Bdc, Inc.'s filings include U.S. Presidential administration, John F. Miller, Michael J. Van Schooneveld.
What are the main risk factors for Chicago Atlantic Bdc, Inc. stock?
Of LIEN's 40 assessed filings, 1 were flagged high-risk, 14 medium-risk, and 25 low-risk.
What are recent predictions and forward guidance from Chicago Atlantic Bdc, Inc.?
Forward guidance and predictions for Chicago Atlantic Bdc, Inc. are extracted from SEC filings as they are enriched.