The latest update is out from Chicago Atlantic BDC ( (LIEN) ).
On March 31, 2025, Chicago Atlantic BDC, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024. The company achieved a total investment income of $12.7 million for the fourth quarter and $21.7 million for the full year. Following the acquisition of a loan portfolio from Chicago Atlantic Loan Portfolio, LLC, the company was renamed and its ticker symbol changed to ‘LIEN’. The acquisition significantly increased the company’s net assets and investment portfolio, with a fair value of $275.2 million as of December 31, 2024. Additionally, the company declared dividends and secured a $100 million credit facility, enhancing its financial position and operational capabilities.
More about Chicago Atlantic BDC
Chicago Atlantic BDC, Inc. is a specialty finance company regulated as a business development company, focusing on direct loans to privately held middle-market companies, with a primary emphasis on the cannabis sector. It is managed by Chicago Atlantic BDC Advisers, LLC, which targets the cannabis industry and other niche markets.
YTD Price Performance: -3.40%
Average Trading Volume: 8,326
Technical Sentiment Signal: Sell
Current Market Cap: $261M
For a thorough assessment of LIEN stock, go to TipRanks’ Stock Analysis page.