Chicago Atlantic BDC Advisers, LLC - 19 May 2025 Form 4 Insider Report for Chicago Atlantic BDC, Inc. (LIEN)

Reporting relationship: 10%+ Owner
Issuer ticker: LIEN
Reported as of: 19 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 May 2025, 18:48:32 UTC
Prior SEC filing: 20 Dec 2024
Source filing: View source filing
Reporting owner signature: Chicago Atlantic BDC Advisers, LLC, By: /s/ Scott Gordon, Name: Scott Gordon, Title: Manager

Key filing fact

Chicago Atlantic BDC Advisers, LLC filed Form 4 for Chicago Atlantic BDC, Inc. (LIEN) on 21 May 2025.

Key facts

This page summarizes Chicago Atlantic BDC Advisers, LLC's Form 4 filing for Chicago Atlantic BDC, Inc. (LIEN).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 May 2025, 18:48.

Change

Previous filing in this sequence was filed on 20 Dec 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0001873495 Primary reporting owner

Chicago Atlantic BDC Advisers, LLC

Relationship: 10%+ Owner
Address: 600 MADISON AVE, SUITE 1800, NEW YORK
Signature: Chicago Atlantic BDC Advisers, LLC, By: /s/ Scott Gordon, Name: Scott Gordon, Title: Manager
Signature date: 21 May 2025

CIK 0001806889

Silver Spike Holdings, LP

Relationship: 10%+ Owner
Address: 600 MADISON AVENUE, SUITE 1800, NEW YORK
Signature: Silver Spike Holdings, LP, By: Silver Spike Holdings GP, LLC, its General Partner, By: /s/ Scott Gordon, Name: Scott Gordon, Title: Manager
Signature date: 21 May 2025

CIK 0001875513

Silver Spike Holdings GP, LLC

Relationship: 10%+ Owner
Address: 600 MADISON AVENUE, SUITE 1800, NEW YORK
Signature: Silver Spike Holdings GP, LLC, By: /s/ Scott Gordon, Name: Scott Gordon, Title: Manager
Signature date: 21 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LIEN transaction

Common Stock

Other

Transaction value: $0
Shares: -214,286
Change %: -5.6%
Price: $0.000000
Shares after: 3,601,490
Date: 19 May 2025
Ownership: See footnotes
Footnotes: F1, F2, F3, F4, F5

LIEN transaction

Common Stock

Other

Transaction value: $0
Shares: -714,286
Change %: -20%
Price: $0.000000
Shares after: 2,887,204
Date: 19 May 2025
Ownership: See footnotes
Footnotes: F1, F2, F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents an in-kind distribution of shares of Common Stock to a limited partner of Silver Spike Holdings, LP for no consideration.

Footnote F2

Represents the shares of Common Stock held directly by Chicago Atlantic BDC Advisers, LLC.

Footnote F3

Silver Spike Holdings, LP owns over 25% of the ownership interests of Chicago Atlantic BDC Advisers, LLC. Silver Spike Holdings GP, LLC is the general partner of Silver Spike Holdings, LP.

Footnote F4

Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

Footnote F5

Each of the Reporting Persons (other than Chicago Atlantic BDC Advisers, LLC to the extent that it directly holds shares of Common Stock) disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.