Business Context and Reporting Period
This Form 8-K reports on the 2025 Annual Meeting of Stockholders held by Chicago Atlantic BDC, Inc. on June 25, 2025. The filing details the outcomes of two proposals submitted to shareholders: the election of a director and the ratification of the independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
As of the record date (April 25, 2025), there were 22,820,408 shares of common stock outstanding and entitled to vote. The voting outcomes were as follows:
- Proposal 1: Election of Director
- Supurna VedBrat was re-elected to serve until the 2028 annual meeting.
- For: 11,567,432
- Withhold: 78,584
- Broker Non-Votes: 1,705,332
- Proposal 2: Ratification of Auditor
- Stockholders ratified the selection of BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- For: 13,278,878
- Against: 71,179
- Abstain: 1,291
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management commentary on future outlook, specific risks, contingencies, or unusual items. The document serves solely to disclose the results of the shareholder vote.
Investor Verification Checklist
- Verify the re-election of Supurna VedBrat to the Board of Directors.
- Confirm the appointment of BDO USA, P.C. as the auditor for the fiscal year ending December 31, 2025.
- Review the definitive proxy statement filed on April 30, 2025, for detailed background on the proposals.
- Note the significant number of broker non-votes (1,705,332) on the director election.