Chicago Atlantic BDC, Inc. (LIEN)
Chicago Atlantic BDC, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $9.71, down 0.77% on the session, giving a market capitalisation of $222.2M. On trailing twelve-month figures it carries a trailing P/E of 6.47, a net margin of 70.2%. Its beta of 0.27 implies it has historically moved less than the broad market.
Silver Spike Investment Corp. functions as a specialized business development company (BDC) dedicated to investing across the cannabis industry. It channels capital into privately held cannabis enterprises through both direct lending and equity ownership. The firm actively collaborates with private equity entities, entrepreneurs, and business owners to offer diverse credit and equity financing solutions. These solutions are designed to facilitate various corporate actions, including buyouts, recapitalizations, expansion initiatives, refinancings, and acquisitions. Its investment focus spans a wide range of cannabis businesses, encompassing those developing enabling technologies, companies in the cannabis-related health and wellness sector, and distributors of hemp and CBD products. Established in 2021, the company is headquartered in New York, New York.
Chicago Atlantic BDC, Inc. is most often compared with the following Financial Services names: