Form 4 for LIEN Chicago Atlantic BDC, Inc.
Accepted 2025-05-21 00:00:00 ET · period of report 2025-05-19 · accession 0000950103-25-006312 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-05-21 | 2025-05-19 | LIEN | Silver Spike Holdings GP, LLC | 10% | J - Other | $0.00 | -928.6K | 2.89M | -24% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-19 | J | D | 214,286 | $0.00 | 3,601,490 | I See footnotes | — | — | (F1) Represents an in-kind distribution of shares of Common Stock to a limited partner of Silver Spike Holdings, LP for no consideration. (F2) Represents the shares of Common Stock held directly by Chicago Atlantic BDC Advisers, LLC. (F4) Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. (F5) Each of the Reporting Persons (other than Chicago Atlantic BDC Advisers, LLC to the extent that it directly holds shares of Common Stock) disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. (F3) Silver Spike Holdings, LP owns over 25% of the ownership interests of Chicago Atlantic BDC Advisers, LLC. Silver Spike Holdings GP, LLC is the general partner of Silver Spike Holdings, LP. |
| 2 | Common | Common Stock | 2025-05-19 | J | D | 714,286 | $0.00 | 2,887,204 | I See footnotes | — | — | (F1) Represents an in-kind distribution of shares of Common Stock to a limited partner of Silver Spike Holdings, LP for no consideration. (F2) Represents the shares of Common Stock held directly by Chicago Atlantic BDC Advisers, LLC. (F4) Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. (F5) Each of the Reporting Persons (other than Chicago Atlantic BDC Advisers, LLC to the extent that it directly holds shares of Common Stock) disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. (F3) Silver Spike Holdings, LP owns over 25% of the ownership interests of Chicago Atlantic BDC Advisers, LLC. Silver Spike Holdings GP, LLC is the general partner of Silver Spike Holdings, LP. |