Mergers & Acquisitions ·
On June 17, 2026, Chicago Atlantic BDC, Inc. (LIEN) entered into an Agreement and Plan of Merger with Chicago Atlantic…
LIENChicago Atlantic BDC, Inc.
On June 17, 2026, Chicago Atlantic BDC, Inc. (LIEN) entered into an Agreement and Plan of Merger with Chicago Atlantic Real Estate Finance, Inc. (REFI), where REFI will merge into LIEN. REFI stockholders will receive LIEN common stock based on an exchange ratio determined by the relative net asset values of the companies shortly before the merger's effective time. The transaction is subject to stockholder approvals from both companies and regulatory requirements, including REFI's election to be regulated as a business development company. Additionally, the LIEN Board will consider adopting a share repurchase program of up to $25 million following the closing. Chicago Atlantic BDC, Inc. is a business development company that provides financing to various companies.