Chicago Atlantic Real Estate Finance, Inc. — Form 8-K

On July 9, 2026, Chicago Atlantic Financial Services, LLC (as Administrative Agent) entered into a loan agreement with KOACH [NAME] LLC (Borrower), Parent (Koach Capital Fund IV, LLC), and Koach Fund Holdco as Guarantors. Instead of cash advances, Lenders issue REFI Shares with aggregate value equal to each Lender's Loan Commitment; Borrower receives Redeeming Shares (for Koach Funds Redemption) and Retained Shares (held in trust). Loan bears 10% Cash Interest Rate plus 2% PIK Interest Rate; 2.5% exit fee applies. Collateral includes all business assets, Equity Interests in subsidiaries, and Collections Account. Multiple covenants restrict distributions, indebtedness, asset sales, and require continuous positive Net Operating Income from mortgaged property. First Lien Debt and Pari Passu Debt are senior/pari passu respectively under intercreditor agreements.