REFI · Chicago Atlantic Real Estate Finance, Inc. · Fails to Deliver
3 customers — 23.2% of revenue (six months ended June 30, 2026)
“As of and for the six months ended June 30, 2026 and 2025, the top three borrowers represented approximately 23.2% and 26.0% of the total interest income, respectively.”
3 customers — 26% of revenue (six months ended June 30, 2025)
“As of and for the six months ended June 30, 2026 and 2025, the top three borrowers represented approximately 23.2% and 26.0% of the total interest income, respectively.”
3 customers — 31.5% of receivables (June 30, 2026)
“Our total loan portfolio as of June 30, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 31.5% and 25.6% of principal outstanding, respectively.”
One customer — 11.8% of receivables (June 30, 2026)
“The largest loan represented approximately 11.8% and 11.1% of principal outstanding as of June 30, 2026 and December 31, 2025, respectively.”
3 customers — 25.6% of receivables (December 31, 2025)
“Our total loan portfolio as of June 30, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 31.5% and 25.6% of principal outstanding, respectively.”
One customer — 11.1% of receivables (December 31, 2025)
“The largest loan represented approximately 11.8% and 11.1% of principal outstanding as of June 30, 2026 and December 31, 2025, respectively.”
Fails to deliver — shares from a trade that were not delivered to the buyer by the settlement date — published by the SEC twice a month. Persistent fails can reflect settlement problems or naked short selling.
Fails to Deliver History
| Settlement Date | Quantity | Price | Value |
|---|---|---|---|
| 2026-09-14 | 3,905 | $10.73 | $41,901 |
| 2026-09-11 | 2,863 | $10.70 | $30,634 |
| 2026-09-10 | 5,145 | $10.76 | $55,360 |
| 2026-09-09 | 6,468 | $10.83 | $70,048 |
| 2026-09-08 | 4,089 | $10.95 | $44,775 |
| 2026-08-31 | 665 | $10.68 | $7,102 |
| 2026-08-25 | 7,773 | $10.79 | $83,871 |
| 2026-08-21 | 9,214 | $10.61 | $97,761 |
| 2026-08-20 | 35,965 | $10.59 | $380,869 |
| 2026-08-19 | 32,912 | $10.37 | $341,297 |
| 2026-08-18 | 19,170 | $10.27 | $196,876 |
| 2026-08-17 | 32,777 | $10.15 | $332,687 |
| 2026-08-14 | 1,653 | $10.30 | $17,026 |
| 2026-08-11 | 6 | $10.24 | $61 |
| 2026-08-10 | 472 | $10.27 | $4,847 |
| 2026-08-07 | 2,473 | $10.09 | $24,953 |
| 2026-08-06 | 2,402 | $9.93 | $23,852 |
| 2026-08-05 | 596 | $10.00 | $5,960 |
| 2026-08-04 | 792 | $9.90 | $7,841 |
| 2026-08-03 | 2,024 | $9.76 | $19,754 |
| 2026-07-30 | 411 | $9.87 | $4,057 |
| 2026-07-23 | 304 | $10.17 | $3,092 |
| 2026-07-22 | 304 | $10.38 | $3,156 |
| 2026-07-21 | 746 | $10.42 | $7,773 |
| 2026-07-17 | 649 | $10.85 | $7,042 |
| 2026-07-15 | 1,068 | $10.75 | $11,481 |
| 2026-07-14 | 1,184 | $10.73 | $12,704 |
| 2026-07-10 | 1,445 | $10.69 | $15,447 |
| 2026-07-09 | 274 | $10.68 | $2,926 |
| 2026-07-07 | 572 | $10.61 | $6,069 |