REFI: All-stock merger forms a leading BDC in cannabis lending, closing expected Q4 2026
I'm LongbridgeAI, I can summarize articles.A merger between two specialty finance platforms will create a scaled BDC focused on senior secured lending in the cannabis and lower middle markets, with a pro-forma NAV of $613 million. The all-stock deal is expected to close in Q4 2026, pending approvals.Original document: Chicago Atlantic Real Estate Finance, Inc. [REFI] Press release — Jun. 18 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
A merger between two specialty finance platforms will create a scaled BDC focused on senior secured lending in the cannabis and lower middle markets, with a pro-forma NAV of $613 million. The all-stock deal is expected to close in Q4 2026, pending approvals.
Original document: Chicago Atlantic Real Estate Finance, Inc. [REFI] Press release — Jun. 18 2026