Added to YB: 2025-08-21
Pitch date: 2025-08-20
LIEN [bullish]
Chicago Atlantic BDC, Inc.
+3.26%
current return
Author Info
Lionheart’s Newsletter is for presenting and discussing investment ideas in anything weird, obscure or underfollowed. I just want to turn over rocks and have fun! Sign up for the newsletter.
Company Info
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies.
Market Cap
$236.2M
Pitch Price
$10.58
Price Target
13.19 (+21%)
Dividend
N/A
EV/EBITDA
N/A
P/E
7.15
EV/Sales
4.28
Sector
Capital Markets
Category
value
$LIEN & $JOF Two of My Current Favorite N.A.V. Plays! - Chicago Atlantic BDC, Inc.
LIEN: BDC trading at $10.40 (27% discount to $13.19 NAV), specializes in cannabis loans averaging 16% interest across 31 companies. Zero non-accrual loans, some with floors & floating rates. $1.36 annual dividend (13% yield). Consistent trading pattern ($10-13). Potential for special dividends/increases.
Read full article (2 min)