Chicago Atlantic BDC, Inc. (LIEN)

NASDAQ: LIEN · Real-Time Price · USD
9.40
+0.12 (1.29%)
At close: Apr 28, 2026, 4:00 PM EDT
9.50
+0.10 (1.06%)
After-hours: Apr 28, 2026, 6:07 PM EDT
1.29%
Market Cap 214.51M
Revenue (ttm) 54.30M
Net Income (ttm) 33.28M
Shares Out 22.82M
EPS (ttm) 1.46
PE Ratio 6.45
Forward PE 6.44
Dividend $1.36 (14.47%)
Ex-Dividend Date Mar 30, 2026
Volume 51,937
Open 9.52
Previous Close 9.28
Day's Range 9.35 - 9.52
52-Week Range 9.16 - 11.44
Beta 0.26
Analysts Buy
Price Target n/a
Earnings Date May 14, 2026

About LIEN

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including can... [Read more]

Sector Financials
IPO Date Feb 4, 2022
Country United States
Stock Exchange NASDAQ
Ticker Symbol LIEN
Full Company Profile

Financial Performance

In 2025, Chicago Atlantic BDC's revenue was $54.30 million, an increase of 150.64% compared to the previous year's $21.67 million. Earnings were $33.28 million, an increase of 245.85%.

Financial Statements

News

Chicago Atlantic BDC, Inc. Announces Date for First Quarter 2026 Results Release and Conference Call

NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

13 hours ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q4 2025

Q4 2025 saw strong net investment income and portfolio growth, with a 15.8% yield and no non-accruals. The investment pipeline expanded to $732 million, driven by M&A and positive cannabis policy momentum, while maintaining low leverage and high senior secured exposure.

5 weeks ago - Transcripts

Chicago Atlantic BDC, Inc. Announces Fourth Quarter and Full Year 2025 Financial Results Conference Call

NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

2 months ago - GlobeNewsWire

Chicago Atlantic BDC Transcript: Fireside chat

The discussion highlighted the unique risk-reward profile and downside protection in cannabis lending, the impact of regulatory changes, and the importance of strong origination and underwriting platforms. Despite capital constraints and sector headwinds, established lenders are positioned to benefit from future market openness.

3 months ago - Transcripts

Chicago Atlantic BDC, Inc. to Participate in Noble Capital Markets 21st Annual Emerging Growth Equity Conference

NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, t...

5 months ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q3 2025

Record new originations and strong net investment income drove portfolio growth and a well-covered dividend. The portfolio remains highly senior secured, under-levered, and differentiated, with robust liquidity and a disciplined approach to risk and underwriting.

5 months ago - Transcripts

Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for Fourth Quarter 2025

NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

5 months ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q2 2025

Q2 saw $39.1M in new investments, a 16.1% yield, and no non-accruals, with net investment income steady at $7.7M. Liquidity remains strong at $125.4M, and a robust $780M pipeline supports continued portfolio growth.

9 months ago - Transcripts

Chicago Atlantic BDC, Inc. Reports Second Quarter 2025 Financial Results

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development ...

9 months ago - GlobeNewsWire

Chicago Atlantic BDC, Inc. Announces Second Quarter 2025 Financial Results Conference Call

NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, t...

9 months ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q1 2025

Q1 2025 saw strong senior secured lending, a 16.6% yield, and no non-accruals, with $11.9M gross investment income and a $0.34 dividend. A new $100M credit facility supports a $590M pipeline, and leverage remains well below industry averages.

1 year ago - Transcripts

Chicago Atlantic BDC, Inc. Reports First Quarter 2025 Financial Results and Announces Cash Dividend of $0.34 per Share

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development c...

1 year ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q4 2024

First full quarter as a BDC saw strong portfolio growth, a 36% dividend increase, and a $100M credit facility. Net investment income rose sharply year-over-year, with a robust pipeline and a focus on disciplined underwriting in cannabis and other underserved markets.

1 year ago - Transcripts

Chicago Atlantic BDC, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), formerly Silver Spike Investment Corp., a specialty finance company that has elected t...

1 year ago - GlobeNewsWire

Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for First Quarter 2025

NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

1 year ago - GlobeNewsWire

Chicago Atlantic BDC, Inc. Announces Fourth Quarter 2024 Financial Results Conference Call

NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

1 year ago - GlobeNewsWire

Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for Fourth Quarter 2024

NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

1 year ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q3 2024

Gross investment income rose to $3.2M year-over-year, with a significantly expanded and diversified portfolio post-acquisition. The company maintains a strong cash position, no debt, and expects higher dividends, while focusing on both cannabis and non-cannabis lending amid robust demand for capital.

1 year ago - Transcripts

Chicago Atlantic BDC, Inc. Reports Third Quarter 2024 Financial Results

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), formerly Silver Spike Investment Corp., a specialty finance company that has elected to...

1 year ago - GlobeNewsWire

Chicago Atlantic BDC, Inc. Schedules Third Quarter 2024 Financial Results Conference Call

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“Chicago Atlantic BDC” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a busin...

1 year ago - GlobeNewsWire

Silver Spike Investment Corp. Completes Loan Portfolio Acquisition

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be regulated as a business developme...

1 year ago - GlobeNewsWire

Chicago Atlantic and Silver Spike Close Loan Portfolio Acquisition and Joint Venture Transactions

CHICAGO--(BUSINESS WIRE)--Chicago Atlantic and Silver Spike have closed loan portfolio acquisition and joint venture transactions.

Other symbols: REFI
1 year ago - Business Wire

Silver Spike Investment Corp. Announces Stockholder Approval of Loan Portfolio Acquisition

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business developm...

1 year ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q2 2024

Q2 2024 saw higher investment income and a robust 18% portfolio yield, with net assets impacted by dividends and transaction costs. The investment strategy expanded beyond cannabis, and a major loan portfolio acquisition is set to close in early Q4 2024.

1 year ago - Transcripts

Silver Spike Investment Corp. Reports Second Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per Share

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business developme...

1 year ago - GlobeNewsWire