Financing · GlobeNewswire

Files shelf registration to raise up to $500M in debt or equity

LIENChicago Atlantic BDC, Inc.

Chicago Atlantic BDC filed a shelf registration statement with the SEC that will allow it to issue up to $500 million of securities, including debt, for general corporate purposes. The company cites enhanced financial flexibility and portfolio expansion as key drivers. Chicago Atlantic BDC is a specialty finance company regulated as a business development company that invests primarily in direct loans to privately held middle-market companies, with a primary focus on the cannabis industry.