Chicago Atlantic BDC to Merge With Fellow Cannabis Lender

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Chicago Atlantic BDC to Merge With Fellow Cannabis Lender

June 22, 2026

United States
United States
United States
The Deal reports on the announcement of the definitive merger agreement between Chicago Atlantic Real Estate Finance, Inc. and Chicago Atlantic BDC, Inc.

Eversheds Sutherland is serving as legal counsel to the Special Committee of Independent Directors of Chicago Atlantic BDC, Inc. (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company (“BDC”), on entering into a definitive merger agreement with Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, under which REFI will elect to be regulated as a BDC, and merge with and into LIEN in an all-stock, strategic combination.

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owenpinkerton@eversheds-sutherland.com

Owen J. Pinkerton

Partner

Washington, DC, United States

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