Chicago Atlantic BDC, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
LIEN$9.10+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Assets and Liabilities
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Investments at fair value: | ||
| Non-control/non-affiliate investments at fair value (amortized cost of $274,346,711 and $53,471,317, respectively) | $275,241,398 | $54,120,000 |
| Cash and cash equivalents | 23,932,406 | 32,611,635 |
| Receivable for investment sold | 4,122,500 | - |
| Interest receivable | 3,582,610 | 1,755,360 |
| Due from affiliates | 2,361,019 | - |
| Prepaid expenses and other assets | 321,108 | 89,276 |
| Total assets | $309,561,041 | $88,576,271 |
| LIABILITIES | ||
| Transaction fees payable related to the Loan Portfolio Acquisition | $2,945,125 | $711,264 |
| Income-based incentive fees payable | 1,998,945 | 1,511,253 |
| Offering costs payable | 989,645 | - |
| Due to affiliates | 905,129 | - |
| Management fee payable | 758,362 | 257,121 |
| Professional fees payable | 458,809 | 431,953 |
| Capital gains incentive fees payable | 121,887 | 87,583 |
| Excise tax payable | 88,709 | 10,655 |
| Deferred financing costs payable | 47,881 | - |
| Other payables | 46,219 | 13,822 |
| Unearned interest income | 37,752 | - |
| Distributions payable | - | 2 |
| Total liabilities | $8,398,463 | $3,023,653 |
| Commitments and contingencies (Note 6) | ||
| NET ASSETS | ||
| Common stock, $0.01 par value, 100,000,000 shares authorized, 22,820,386 and 6,214,941 shares issued and outstanding, respectively | 228,204 | 62,149 |
| Additional paid-in-capital | 303,272,034 | 85,041,203 |
| Distributable earnings (accumulated loss) | (2,337,660) | 449,266 |
| Total net assets | $301,162,578 | $85,552,618 |
| NET ASSET VALUE PER SHARE | $13.20 | $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.