Chicago Atlantic Real Estate Finance issues 4,306,754 shares at $14.53 in exchange for $62.5 million Koach second-lien notes
Chicago Atlantic Real Estate Finance, Inc. REFI | 0.00 |
- Chicago Atlantic Real Estate Finance issued 4,306,754 common shares at USD 14.53 each to acquire about USD 62.5 million of second lien notes.
- The notes are secured by 32 cannabis-leased retail properties managed by Koach Properties Manager.
- Terms include 10% cash interest, 2% PIK interest, exit fee of 2.5x each note’s commitment amount, weighted-average maturity near 12 years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chicago Atlantic Real Estate Finance Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-077585), on July 13, 2026, and is solely responsible for the information contained therein.
