Chicago Atlantic BDC ( (LIEN) ) just unveiled an update.
On March 13, 2025, Chicago Atlantic BDC, Inc. announced significant leadership changes with the resignation of Frederick Herbst and Jason Papastavrou as Directors, and Andreas Bodmeier as CEO. They were replaced by Supurna VedBrat, Patrick McCauley, and Peter Sack respectively, each bringing extensive experience in finance and management. Additionally, the company announced a press release regarding its cash dividend for the quarter ending March 31, 2025, and plans to release its financial results for the fourth quarter and year ended December 31, 2024, on March 31, 2025, followed by a conference call.
More about Chicago Atlantic BDC
Chicago Atlantic BDC, Inc. is a specialty finance company regulated as a business development company under the Investment Company Act of 1940. It focuses on maximizing risk-adjusted returns on equity by investing primarily in direct loans to privately held middle-market companies, with a primary focus on cannabis companies. The company is managed by Chicago Atlantic BDC Advisers, LLC, which specializes in the cannabis industry and other niche sectors.
YTD Price Performance: -7.60%
Average Trading Volume: 7,820
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $274M
See more insights into LIEN stock on TipRanks’ Stock Analysis page.