Chicago Atlantic BDC Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
LIEN$9.07-0.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Assets and Liabilities
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Investments at fair value: | ||
| Non-control/non-affiliate investments at fair value (amortized cost of $54,952,504 and $53,471,317, respectively) | $55,788,511 | $54,120,000 |
| Cash and cash equivalents | 30,111,563 | 32,611,635 |
| Interest receivable | 1,635,943 | 1,755,360 |
| Deferred offering costs | 1,125,739 | - |
| Other receivable | 401,313 | - |
| Prepaid expenses | 103,554 | 39,276 |
| Other assets | 50,000 | 50,000 |
| Deferred financing costs | 41,061 | - |
| Paydown receivable | 21,000 | - |
| Total assets | 89,278,684 | 88,576,271 |
| LIABILITIES | ||
| Transaction fees payable related to the Loan Portfolio Acquisition | 4,795,549 | 711,264 |
| Offering costs payable | 986,806 | - |
| Management fee payable | 253,421 | 257,121 |
| Audit fees payable | 213,523 | 123,998 |
| Capital gains incentive fees payable | 125,048 | 87,583 |
| Legal fees payable | 88,435 | 84,824 |
| Administrator fees payable | 51,251 | 86,463 |
| Due to affiliate | 51,142 | - |
| Unearned interest income | 42,550 | - |
| Deferred financing costs payable | 41,061 | - |
| Directors fees payable | 25,992 | 94,760 |
| Other payables | 24,296 | 13,822 |
| Valuation fees payable | 22,468 | 24,675 |
| Professional fees payable | 17,500 | 17,233 |
| Income-based incentive fees payable | - | 1,511,253 |
| Distributions payable | - | 2 |
| Excise tax payable | - | 10,655 |
| Total liabilities | 6,739,042 | 3,023,653 |
| Commitments and contingencies (Note 6) | - | - |
| NET ASSETS | ||
| Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,995 and 6,214,941 shares issued and outstanding, respectively | 62,149 | 62,149 |
| Additional paid-in-capital | 85,031,106 | 85,041,203 |
| Distributable earnings (Accumulated losses) | (2,553,613) | 449,266 |
| Total net assets | $82,539,642 | $85,552,618 |
| Total liabilities and net assets | $89,278,684 | 88,576,271 |
| NET ASSET VALUE PER SHARE | $13.28 | $13.77 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.