Business Context and Reporting Period
Company: Chicago Atlantic Real Estate Finance, Inc. (REFI)
Filing Type: Form 8-K (Current Report)
Date of Report: November 7, 2024
Reporting Period: Third Quarter ended September 30, 2024
This filing serves as a notification that the Company issued a press release and an earnings presentation regarding its financial results for the third quarter of 2024. The detailed financial data is contained in the attached exhibits (Exhibit 99.1 and 99.2) and is not explicitly detailed within the body of this 8-K form.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being included in the press release (Exhibit 99.1) and the earnings presentation (Exhibit 99.2) attached to the filing.
Material Changes
No specific material changes or comparative financial data versus the prior period are disclosed in the text of this filing. The filing indicates that the Company announced its results for the quarter, but the specific variances are located in the referenced exhibits.
Guidance, Outlook, and Management Commentary
- Conference Call: The Company held a conference call on November 7, 2024, at 9:00 a.m. (Eastern Time) to discuss the third-quarter results.
- Disclosure Status: The information in this filing (including the press release and presentation) is furnished under Regulation FD and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other filings unless specifically stated.
- Management: The report was signed by Peter Sack, Co-Chief Executive Officer.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q3 2024 revenue, net income, and FFO figures.
- Examine Exhibit 99.2 (Earnings Presentation) for portfolio updates, liquidity details, and forward-looking guidance.
- Verify the Company's status as an Emerging Growth Company (indicated as checked in the filing) and its implications for financial reporting standards.
- Confirm the details of the conference call discussion regarding the third-quarter performance.