LIEN: All-stock merger forms a $613M BDC, boosting scale and growth in cannabis lending
I'm LongbridgeAI, I can summarize articles.A merger between two specialty finance platforms will create a scaled BDC with a $613M pro-forma NAV, focused on senior secured lending in the cannabis and lower middle markets. The all-stock deal, expected to close in Q4 2026, aims for enhanced growth, efficiency, and shareholder value.Original document: Chicago Atlantic BDC, Inc. [LIEN] 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 with a $613M pro-forma NAV, focused on senior secured lending in the cannabis and lower middle markets. The all-stock deal, expected to close in Q4 2026, aims for enhanced growth, efficiency, and shareholder value.
Original document: Chicago Atlantic BDC, Inc. [LIEN] Press release — Jun. 18 2026