4/A: Chicago Atlantic BDC CEO Corrects Share Acquisition Details in Amended SEC Filing

Chicago Atlantic BDC's CEO, Scott Gordon, amended a previous SEC filing to correct the number of shares acquired on February 8, 2022.

Summary

• This is an amended SEC Form 4 filing by Scott Gordon, CEO of Chicago Atlantic BDC, Inc.
• The amendment corrects the number of common stock shares acquired on February 8, 2022.
• The corrected filing shows that Mr. Gordon directly acquired 35,024 shares of common stock at a price of $14 per share.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a commitment to accuracy. It is neither positive nor negative for the company's performance.

Industry Context

This type of filing is standard for corporate insiders who trade in their company's stock, ensuring transparency and compliance with SEC regulations.

Comparison to Industry Standards

• Form 4 filings are a common practice for publicly traded companies, and the amendment indicates a commitment to accuracy and compliance.
• Other BDC companies such as Ares Capital Corporation (ARCC) and Main Street Capital Corporation (MAIN) also have similar filings when insiders trade shares.

Stakeholder Impact

• The correction ensures transparency for shareholders regarding insider transactions.

Key Dates

Keywords

SEC Filing, Form 4, Beneficial Ownership, Chicago Atlantic BDC, Scott Gordon, Share Acquisition, Amendment