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    Chicago Atlantic Real Estate Finance Inc. filed SEC Form 8-K: Leadership Update

    12/30/24 4:01:32 PM ET
    $REFI
    Real Estate Investment Trusts
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    Get the next $REFI alert in real time by email
    false 0001867949 0001867949 2024-12-27 2024-12-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to section 13 or 15(d) of the

    Securities Exchange Act of 1934

     

    Date of Report (Date of Earliest Event Reported): December 30, 2024 (December 27, 2024)

     

    Chicago Atlantic Real Estate Finance, Inc.

    (Exact name of registrant as specified in its charter)

     

    Maryland   001-41123   86-3125132

    (State or other jurisdiction of

    incorporation or organization)

      (Commission File Number)  

    (IRS Employer

    Identification Number)

     

    1680 Michigan Avenue, Suite 700, Miami Beach, Florida    33139
    (Address of Principal Executive Offices)   (Zip Code)

     

    Registrant’s telephone number, including area code (312) 809-7002

     

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

      ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

      ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

      ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

      ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on
    which registered
    Common stock, par value $0.01 per share    REFI   The Nasdaq Global Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On December 27, 2024, Andreas Bodmeier notified the Board of Directors (the “Board”) of Chicago Atlantic Real Estate Finance, Inc. (the “Company”) of his resignation, effective as of January 1, 2025, from his position as a non-independent member of the Board. Dr. Bodmeier’s resignation is solely for the purpose of ensuring that the Board remain majority independent as required by NASDAQ Listing Rule 5605(b) following the resignation of Donald E. Gulbrandsen, effective January 1, 2025, as previously reported. Dr. Bodmeier will remain as an officer of the Company in his capacity as President and Chief Investment Officer. The Board is continuing its search to identify qualified independent director candidates.

     

    1

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

     

      CHICAGO ATLANTIC REAL ESTATE FINANCE, INC.
         
    Date: December 30, 2024 By: /s/ Peter Sack
        Name: Peter Sack
        Title: Co-Chief Executive Officer

     

     

    2

     

     

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