Silver Spike Investment Corp. ( (LIEN) ) has released its Q2 earnings. Here is a breakdown of the information Silver Spike Investment Corp. presented to its investors.
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Chicago Atlantic BDC, Inc. is a specialty finance company focused on providing direct loans to privately held middle-market companies, with a primary emphasis on the cannabis sector. The company operates as a business development company under the Investment Company Act of 1940.
In its second quarter of 2025, Chicago Atlantic BDC, Inc. reported a total gross investment income of $13.1 million and a net investment income of $7.7 million, translating to $0.34 per share. The company declared a dividend of $0.34 per share for the upcoming quarter, reflecting its commitment to returning value to shareholders.
The company’s investment portfolio reached a fair value of $307.5 million, spread across 31 portfolio companies. During the quarter, Chicago Atlantic BDC funded nine portfolio companies with $39.1 million and subsequently funded five more investments totaling $17.2 million. The company’s liquidity stood at $108.8 million, with no loans on non-accrual status, indicating a stable financial position.
Looking ahead, Chicago Atlantic BDC, Inc. is poised to leverage its new senior credit facility to capitalize on a growing originations pipeline, which includes opportunities in both cannabis and non-cannabis sectors. The company aims to meet the needs of borrowers for debt maturities, growth capital, and potential ESOP transactions, suggesting a strategic focus on expanding its investment footprint.