Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held by Chicago Atlantic Real Estate Finance, Inc. on June 13, 2025. The filing details the outcomes of shareholder votes regarding board elections and the ratification of the independent auditor.
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 events and does not contain financial performance data.
Material Changes and Voting Results
Shareholders voted on two primary matters:
- Board of Directors Election: Seven directors were elected to serve until the 2026 annual meeting.
- John Mazarakis: 7,539,827 For; 1,063,174 Withheld.
- Anthony Cappell: 8,523,019 For; 79,982 Withheld.
- Peter Sack: 8,522,848 For; 80,153 Withheld.
- Jason Papastavrou: 4,982,432 For; 3,620,569 Withheld.
- Elizabeth Stavola: 8,542,086 For; 60,915 Withheld.
- Brandon Konigsberg: 6,876,316 For; 1,726,685 Withheld.
- Michael L. Steiner: 6,881,842 For; 1,721,159 Withheld.
Note: All candidates received 5,480,592 Broker Non-Votes.
- Auditor Ratification: Shareholders ratified the appointment of BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- For: 13,948,564
- Against: 35,836
- Abstain: 99,193
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the procedural results of the shareholder meeting.
Key Facts for Investor Verification
- Verify the tenure of the newly elected directors, which extends until the 2026 annual meeting.
- Confirm the significant number of broker non-votes (5,480,592) attached to the director elections, indicating shares held by brokers without voting instructions on these matters.
- Note the high level of support for the auditor ratification, with over 13.9 million votes in favor versus 35,836 against.
- Review the company's upcoming 10-K or 10-Q filings for the fiscal year ending December 31, 2025, as this 8-K contains no financial performance data.