Page 62 - NobleCon21

Financials
Date November 20, 2025 Financials
52wk High $13.24
52wk Low $9.70 Chicago Atlantic BDC, Inc. LIEN $10.59
600 Madison Avenue
New York, NY 10022

(USD - in millions) N/A
Market Cap 240.5
Enterprise 230.1
Basic Shares Out. 22.82 COMPANY OVERVIEW
Float N/A
Institutional Holdings 24.35% Detailed Analysis:Channelchek.com
Short Interest 0.01
Avg. 90-Day Volume 0.04 Chicago Atlantic BDC, Inc (NASDAQ: LIEN) (the “Company”) is a
publicly traded, specialty finance company and the first publicly-listed
business development company formed to invest across the cannabis
ecosystem. The Company’s investment objective is to maximize risk-
EPS Data adjusted returns on equity for its shareholders by investing primarily in
direct loans to privately held middle-market companies, with a focus on
2022 2023 2024 cannabis companies and other niche opportunities in underfollowed
CQ1 N/A 0.22 (0.01) sectors.
CQ2 N/A 0.31 0.25 Chicago Atlantic BDC, Inc. is managed by Chicago Atlantic BDC
Advisers, LLC (the “Adviser”), an SEC-registered investment adviser.
CQ3 N/A 0.26 0.00
CQ4 0.20 0.28 0.35
CY 0.35 1.07 0.91 Source: Channelchek/QuoteMedia

Long-Term EPS Estimate N/A
Price/Book (mrq) 13.27
ROE (ttm) 17.13
Debt-to-Total Cap. (mrq) N/A
Fiscal Year End 31-Dec
600 Madison ANew York NY 10022

Key Executives
CEO: Sack, Peter
CFO: Geoffroy, Thomas
COO: N/A
IR: N/A
Noble Capital Markets, Inc.
Source: Capital IQ, Noble Financial estimates, company filings
Noble Senior Analyst 561-994-1191 noblecapitalmarkets.com
Joe Gomes MEMBERS: FINRA, SIPC, MSRB
jgomes@noblecapitalmarkets.com Following the conference, complete video library of presentations will be
available at: channelchek.com | nobleconference.com
(561) 999-2262

Refer to the back of the book for disclosures