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

Reporting relationship: Co-Chief Investment Officer, Director, 10%+ Owner
Issuer ticker: LIEN
Reported as of: 19 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 May 2025, 18:50:33 UTC
Prior SEC filing: 20 Dec 2024
Next SEC filing: 26 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Scott Gordon

Key filing fact

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

Key facts

This page summarizes Scott Gordon'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, 18:50.

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 (1)

CIK 0001784452 Primary reporting owner

Gordon Scott

Relationship: Co-Chief Investment Officer, Director, 10%+ Owner
Address: C/O CHICAGO ATLANTIC BDC, INC., 600 MADISON AVENUE, SUITE 1800, NEW YORK
Signature: /s/ Scott Gordon
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: Chicago Atlantic BDC Advisers, LLC
Footnotes: F1, F2

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: Chicago Atlantic BDC Advisers, LLC
Footnotes: F1, F2

LIEN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 35,024
Date: 19 May 2025
Ownership: Direct

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 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. Silver Spike Holdings, LP owns over 25% of the ownership interests of Chicago Atlantic BDC Advisers, LLC.

Footnote F2

Scott Gordon directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Common Stock owned by Chicago Atlantic BDC Advisers, LLC. Mr. Gordon disclaims beneficial ownership of the shares of Common Stock owned by Chicago Atlantic BDC Advisers, LLC except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.