December 30, 2024 · Form 4 insider transaction
Chicago Atlantic Credit Opportunities, LLC bought 32,032,000 shares of VREO at $0.63 per share, a transaction worth $20.02M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 73 days after the transaction.
Chicago Atlantic Group GP, LLC is the general partner of Chicago Atlantic Group, LP ("CAG") which is the managing member of Chicago Atlantic Advisers, LLC which is the investment manager of Chicago Atlantic Credit Opportunities, LLC ("CACO") and Chicago Atlantic Opportunity Portfolio, LP ("CAOP"). Chicago Atlantic GP Holdings, LLC ("CAGPH") is the managing member of Chicago Atlantic Manager, LLC ("CAM") which is the managing member of CACO. CAGPH is also the sole member of Chicago Atlantic Opportunity GP, LLC which is the general partner of CAOP. CAG is also the managing member of Chicago Atlantic Credit Company, LLC ("CACC"). The shares reported as indirectly held by CACO are held directly by CACC and CAOP. The address for all filing persons is set forth in Box 1. The reporting persons disclaim beneficial ownership of all reported securities except to the extent of their pecuniary interest therein, if any.; The shares were purchased by a limited liability company managed by a CAG affiliate and whose members include CAG affiliates, as well as unaffiliated investors. The full purchase amount is reported; however, the reporting persons disclaim beneficial ownership of all reported securities except to the extent of their pecuniary interest therein, if any.