{"filing":{"accession_number":"0001213900-26-069853","cik":"0001843162","ticker":"LIEN","company_name":"Chicago Atlantic BDC, Inc.","form":"8-K","filing_date":"2026-06-18","report_date":null,"primary_document":"ea0295159-8k425_chicago.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1843162/000121390026069853/ea0295159-8k425_chicago.htm"},"events":[{"id":11687,"run_id":10270,"accession_number":"0001213900-26-069853","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"summary":"Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN) entered into a definitive merger agreement whereby REFI will merge into LIEN in an all-stock strategic combination. REFI stockholders will receive LIEN shares based on an NAV-for-NAV exchange ratio, resulting in REFI stockholders owning approximately 50.5% of the combined company post-closing. The transaction requires stockholder approval from both companies and is expected to close in Q4 2026.","company_name":"Chicago Atlantic BDC, Inc.","ticker":"LIEN","filing_date":"2026-06-18","form":"8-K","submitted_at":null,"items":[{"id":8337,"accession_number":"0001213900-26-069853","item_number":"1.01","item_title":"Entry into a Material Definitive","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"This Item 1.01 discloses entry into a definitive merger agreement between Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN), with LIEN as the surviving company. The agreement contemplates a material change of control and combination of two publicly traded investment companies, with REFI stockholders receiving LIEN shares based on an NAV-for-NAV exchange ratio. The transaction is expected to close in Q4 2026 and requires stockholder approval from both companies, making it a material acquisition/merger activity under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T11:03:10.085757+00:00","company_name":"","ticker":null,"filing_date":""},{"id":8338,"accession_number":"0001213900-26-069853","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses execution of a definitive merger agreement between Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN), with REFI merging into LIEN in an all-stock strategic combination. The press release explicitly states \"Chicago Atlantic Real Estate Finance, Inc. and Chicago Atlantic BDC, Inc. Announce Definitive Merger Agreement\" and describes the transaction structure, expected ownership percentages (REFI stockholders to own ~50.5% post-closing), and strategic benefits. This is a material acquisition/merger event requiring stockholder approval and expected to close in Q4 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T11:03:10.085757+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":8337,"accession_number":"0001213900-26-069853","item_number":"1.01","item_title":"Entry into a Material Definitive","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"This Item 1.01 discloses entry into a definitive merger agreement between Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN), with LIEN as the surviving company. The agreement contemplates a material change of control and combination of two publicly traded investment companies, with REFI stockholders receiving LIEN shares based on an NAV-for-NAV exchange ratio. The transaction is expected to close in Q4 2026 and requires stockholder approval from both companies, making it a material acquisition/merger activity under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T11:03:10.085757+00:00","company_name":"Chicago Atlantic BDC, Inc.","ticker":"LIEN","filing_date":"2026-06-18"},{"id":8338,"accession_number":"0001213900-26-069853","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses execution of a definitive merger agreement between Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN), with REFI merging into LIEN in an all-stock strategic combination. The press release explicitly states \"Chicago Atlantic Real Estate Finance, Inc. and Chicago Atlantic BDC, Inc. Announce Definitive Merger Agreement\" and describes the transaction structure, expected ownership percentages (REFI stockholders to own ~50.5% post-closing), and strategic benefits. This is a material acquisition/merger event requiring stockholder approval and expected to close in Q4 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T11:03:10.085757+00:00","company_name":"Chicago Atlantic BDC, Inc.","ticker":"LIEN","filing_date":"2026-06-18"}]}