Chicago Atlantic BDC CEO sack buys $10,470 in stock

Published 17/07/2025, 23:10
Chicago Atlantic BDC CEO sack buys $10,470 in stock

Peter Sack, Chief Executive Officer of Chicago Atlantic BDC, Inc. (NASDAQ:LIEN), recently purchased 1,000 shares of the company’s common stock. The transaction, which occurred on July 17, 2025, involved a purchase at $10.47 per share, totaling $10,470.

Following this transaction, Sack directly owns 5,468 shares of Chicago Atlantic BDC, Inc., a company with a market capitalization of $238 million. InvestingPro analysis reveals several more key insights about LIEN’s financial position and market performance, available in the comprehensive Pro Research Report.

In other recent news, Chicago Atlantic BDC reported its financial results for the first quarter of 2025, revealing a net investment income of $7.6 million, or $0.34 per share. Gross investment income saw a slight decline to $11.9 million from $12.7 million in the previous quarter. The company also closed a new $100 million credit facility during the quarter, providing additional liquidity for future investments. In corporate governance developments, Martin Rodgers resigned as Chief Financial Officer, and Thomas Geoffroy was appointed as the interim CFO. Gianni Fazio was named Chief Accounting Officer, bringing over five years of finance and accounting experience to the role.

Additionally, John Mazarakis resigned from the board of directors to ensure compliance with regulatory requirements, with no further changes reported in the management or board structure. In terms of analyst activity, Zuanic and Associates initiated coverage on Chicago Atlantic BDC with an Overweight rating, citing the company’s strong position in the cannabis industry and its ability to generate substantial yields. The firm also noted the company’s strategic advantage in lending against diverse collateral types. These updates reflect a period of significant activity and strategic positioning for Chicago Atlantic BDC.

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