Public, exchange-traded

LIEN — Chicago Atlantic BDC Inc

Chicago Atlantic BDC Inc is a business development company managed by Chicago Atlantic Advisors. Strategy: cannabis industry lending.

What SpreadVista tracks for LIEN

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from LIEN's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and LIEN reports one on 82.9% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.
•Reported NAV per share. LIEN's net asset value per share as filed, and — for exchange-listed tickers — the premium or discount its market price carries to that NAV.
•Top issuers by fair value. LIEN's concentration profile — the largest 10/25/50 exposures with mark and maturity context.
•Spread surface vs comparable BDCs. Where LIEN's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 55.3% of its positions that carry a tagged spread over a reference rate.
•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as LIEN — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for LIEN

SpreadVista only serves what the filer machine-tagged, and only computes a metric where there is enough of it to stand behind. Each item below is either under that bar for LIEN or something we could not tie to any individual position — the note says which. We leave them blank rather than infer them:

•Non-accrual status. We haven't tied a non-accrual disclosure to any individual LIEN position, so this page doesn't show a non-accrual view. That is not a finding that LIEN has none — a filer can disclose non-accruals in prose, or as a portfolio-level total our footnote reader can't attribute to a row. The positions we serve are shown as filed, with accrual status left unknown.

See LIEN's full analytics

Free to research. Every LIEN position we serve, every cross-vehicle overlap — sourced directly from primary regulatory disclosures, with the methodology and the coverage gaps shown on every chart.

Get Free Access

About LIEN

Ticker: LIEN
Legal name: Chicago Atlantic BDC Inc
Manager / Advisor: Chicago Atlantic Advisors
Category: Public, exchange-traded
Strategy: Cannabis industry lending
Fiscal year end: 12-31

Related concepts

Plain-English explanations of the concepts behind BDC analysis:

What SpreadVista tracks for LIEN

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from LIEN's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and LIEN reports one on 82.9% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.

•Reported NAV per share. LIEN's net asset value per share as filed, and — for exchange-listed tickers — the premium or discount its market price carries to that NAV.

•Top issuers by fair value. LIEN's concentration profile — the largest 10/25/50 exposures with mark and maturity context.

•Spread surface vs comparable BDCs. Where LIEN's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 55.3% of its positions that carry a tagged spread over a reference rate.

•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as LIEN — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for LIEN

•Non-accrual status. We haven't tied a non-accrual disclosure to any individual LIEN position, so this page doesn't show a non-accrual view. That is not a finding that LIEN has none — a filer can disclose non-accruals in prose, or as a portfolio-level total our footnote reader can't attribute to a row. The positions we serve are shown as filed, with accrual status left unknown.