Chicago Atlantic BDC, Inc.
For the period ended Mar 31, 2025. Filed May 14, 2025.
View on SEC.govAbout this filing
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.
Mar 31, 2025 · Filed May 14, 2025
LIEN$9.07-0.2%Stored close · as of Nov 6, 2026
Contents
Statements of Assets and Liabilities
| March 31, 2025 · December 31, 2024 | |||
|---|---|---|---|
| (Unaudited) | |||
| ASSETS | |||
| Investments at fair value: | |||
| Non-control/non-affiliate investments at fair value (amortized cost of $288,402,119 and $274,346,711, respectively) | $289,262,741 | $275,241,398 | |
| Cash and cash equivalents | 14,921,739 | 23,932,406 | |
| Due from affiliates | 5,202,278 | 2,361,019 | |
| Interest receivable | 3,061,836 | 3,582,610 | |
| Prepaid expenses and other assets | 1,250,109 | 321,108 | |
| Receivable for investment sold | - | 4,122,500 | |
| Total assets | $313,698,703 | $309,561,041 | |
| LIABILITIES | |||
| Distributions payable | $7,758,931 | $ | - |
| Income-based incentive fees payable | 2,122,865 | 1,998,945 | |
| Management fee payable | 1,339,250 | 758,362 | |
| Professional fees payable | 756,602 | 458,809 | |
| Unearned interest income | 213,269 | 37,752 | |
| Due to affiliates | 197,344 | 905,129 | |
| Capital gains incentive fees payable | 115,074 | 121,887 | |
| Deferred financing costs payable | 114,548 | 47,881 | |
| Other payables | 62,816 | 46,219 | |
| Transaction fees payable related to the Loan Portfolio Acquisition | - | 2,945,125 | |
| Offering costs payable | - | 989,645 | |
| Excise tax payable | - | 88,709 | |
| Total liabilities | $12,680,699 | $8,398,463 | |
| Commitments and contingencies (Note 6) | |||
| NET ASSETS | |||
| Common stock, $0.01 par value, 100,000,000 shares authorized, 22,820,386 and 22,820,386 shares issued and outstanding, respectively | $228,204 | $228,204 | |
| Additional paid-in-capital | 303,152,031 | 303,272,034 | |
| Distributable earnings (accumulated loss) | (2,362,231) | (2,337,660) | |
| Total net assets | $301,018,004 | $301,162,578 | |
| NET ASSET VALUE PER SHARE | $13.19 | $13.20 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.