SCHEDULE 13G/A: Key Entities and Individuals Affirm Significant Stake in Chicago Atlantic BDC, Inc. Through Amended 13G Filing

An amended Schedule 13G filing reveals that Chicago Atlantic BDC Advisers, LLC and related entities and individuals collectively maintain a significant beneficial ownership stake of approximately 16.7% to 16.9% in Chicago Atlantic BDC, Inc.

Summary

• The filing is an Amendment No. 3 to Schedule 13G, reporting beneficial ownership of Common Stock, $0.01 par value per share, of Chicago Atlantic BDC, Inc.
• The reporting persons include Chicago Atlantic BDC Advisers, LLC, Silver Spike Holdings, LP, Silver Spike Holdings GP, LLC, Scott Gordon, Chicago Atlantic BDC Holdings, LLC, Chicago Atlantic Group, LP, John Mazarakis, Andreas Bodmeier, and Anthony Cappell.
• As of December 31, 2024, Chicago Atlantic BDC Advisers, LLC, Silver Spike Holdings, LP, Silver Spike Holdings GP, LLC, Chicago Atlantic BDC Holdings, LLC, Chicago Atlantic Group, LP, and John Mazarakis each reported shared beneficial ownership of 3,815,776 shares, representing 16.7% of the class.
• Scott Gordon reported an aggregate beneficial ownership of 3,850,800 shares, comprising 35,024 shares with sole voting/dispositive power and 3,815,776 shares with shared voting/dispositive power, totaling 16.9% of the class.
• Andreas Bodmeier reported an aggregate beneficial ownership of 3,840,776 shares, comprising 25,000 shares with sole voting/dispositive power and 3,815,776 shares with shared voting/dispositive power, totaling 16.8% of the class.
• Anthony Cappell reported an aggregate beneficial ownership of 3,840,192 shares, comprising 24,416 shares with sole voting/dispositive power and 3,815,776 shares with shared voting/dispositive power, totaling 16.8% of the class.
• The percentages are calculated based on 22,820,367 shares of Common Stock outstanding as of November 5, 2024, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed on November 7, 2024.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership, providing factual information without inherent positive or negative sentiment regarding company performance or outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders gain transparency regarding significant beneficial ownership stakes held by key entities and individuals associated with the company's management and advisory structure.

Key Dates

Keywords

Chicago Atlantic BDC Inc., Schedule 13G/A, beneficial ownership, SEC filing, investment adviser, holding company, common stock