Chicago Atlantic BDC Expands Portfolio and Net Assets

The latest update is out from Chicago Atlantic BDC ( (LIEN) ).

Chicago Atlantic BDC, Inc., formerly Silver Spike Investment Corp., has reported its third-quarter 2024 financial results, showing a total investment income of $3.2 million and net assets swelling to approximately $302 million following a significant Loan Portfolio Acquisition. The acquisition has not only expanded its portfolio to 28 companies but also positioned the company as a key capital provider for cannabis and other underserved sectors. With a focus on niche opportunities and a favorable regulatory environment, Chicago Atlantic is poised for growth amidst evolving market dynamics.

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