Chicago Atlantic Real Estate Finance, Inc. current report, 12 May 2022

SEC Form 8-K Summary

Business Context and Reporting Period

Chicago Atlantic Real Estate Finance, Inc. filed a Form 8-K dated May 12, 2022, reporting results for the quarter ended March 31, 2022. The company is a Maryland corporation headquartered in Chicago, Illinois, and its common stock trades on Nasdaq under the symbol REFI.

Financial Results and Key Metrics

The filing states that the company issued a press release announcing its first-quarter 2022 financial results and provided a supplemental presentation. The text supplied does not include the exhibits’ financial data; therefore, revenue, net income, earnings per share, cash flow, margins, debt, liquidity, book value, dividends, and other quantitative metrics cannot be determined from this filing text.

Material Changes Versus the Prior Period

The filing does not provide comparative financial figures or a clear description of material changes from the prior comparable period.

Guidance, Outlook, Risks, and Unusual Items

The company planned to discuss its first-quarter results during a conference call on May 12, 2022, at 10:00 a.m. Eastern time. No guidance, outlook, management commentary, risk factors, contingencies, or unusual items are included in the supplied filing text.

Important Facts to Verify

  • Review Exhibit 99.1 for the complete first-quarter 2022 earnings release and quantitative financial results.
  • Review Exhibit 99.2 for portfolio, balance-sheet, financing, dividend, and management commentary details.
  • Verify any reported changes in earnings, book value, leverage, liquidity, asset quality, and investment activity against the prior comparable period.
  • The Item 2.02 and Item 7.01 disclosures, including the exhibits, were furnished rather than filed under Section 18 of the Exchange Act.