tiprankstipranks
Chicago Atlantic BDC Expands Portfolio and Net Assets
Company Announcements

Chicago Atlantic BDC Expands Portfolio and Net Assets

Don't Miss Our Christmas Offers:

The latest update is out from Chicago Atlantic BDC ( (LIEN) ).

Chicago Atlantic BDC, Inc., formerly Silver Spike Investment Corp., has reported its third-quarter 2024 financial results, showing a total investment income of $3.2 million and net assets swelling to approximately $302 million following a significant Loan Portfolio Acquisition. The acquisition has not only expanded its portfolio to 28 companies but also positioned the company as a key capital provider for cannabis and other underserved sectors. With a focus on niche opportunities and a favorable regulatory environment, Chicago Atlantic is poised for growth amidst evolving market dynamics.

See more data about LIEN stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskChicago Atlantic BDC Reports Q3 2024 Financial Results
Brian AndersonSSIC Earnings this Week: How Will it Perform?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App