Chicago Atlantic Officers and Directors Buy Shares Worth $673,000

Chicago Atlantic Real Estate Finance, Inc. announced that its Officers and Directors have purchased approximately 54,000 shares at an approximate value of $673,000. The purchases represent a total of 1,770,000 shares, or approximately 8.2% of fully diluted common shares outstanding. The Officers and Directors are demonstrating confidence in the company's opportunities and commitment to generating strong risk-adjusted returns for shareholders.

Chicago Atlantic Real Estate Finance Inc. (NASDAQ: REFI) has announced that its officers and directors have purchased approximately 54,000 shares of the company's stock over the last three weeks. The total value of these purchases is estimated to be around $673,000. This transaction brings the total number of shares owned by the company's officers and directors to approximately 1,770,000, which represents about 8.2% of the fully diluted common shares outstanding.

The purchases were made on the open market and reflect the company's officers and directors' confidence in the current valuation of its portfolio and the execution of its strategic plans. According to Peter Sack, Co-Chief Executive Officer, "The Officers and Directors are proud to show our confidence in the Company’s opportunities and in the execution on our commitment to generating strong risk-adjusted returns for our shareholders. Similar to past instances when the market’s valuation has been disconnected with the value of our portfolio, we can find no better way to demonstrate that confidence ourselves than by purchasing shares in the open market."

Chicago Atlantic Real Estate Finance Inc. is a leading commercial mortgage real estate investment trust (REIT) that specializes in originating senior secured loans to state-licensed cannabis operators in limited-license states across the United States. The company has a strong focus on real estate, credit, and cannabis expertise and has closed over $2.8 billion in credit and equity investments to date. The company's offices are located in Chicago, Miami, New York, and London.

This announcement comes as part of the company's ongoing efforts to communicate its confidence in its investment strategy and the value of its portfolio. The purchase of shares by the company's officers and directors can be seen as a positive signal to investors, indicating that the company's leadership is aligned with the interests of its shareholders.