---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-003701"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T11:53:01.420001+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# AFC Gamma expands board to 8, appoints Marnie Sudnow as independent director

## Summary
- Board expanded from 7 to 8 members; Marnie Sudnow appointed as Class I director effective Jan 31, 2022.
- Sudnow qualifies as independent under Nasdaq listing standards; no reportable transactions with the company.
- She will receive standard non-employee director compensation plus 5,000 stock options vesting one year from grant.
- Company plans to enter into an indemnification agreement with Sudnow in standard form.

## SEC filing metadata
- accession: 0001140361-22-003701
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000114036122003701/0001140361-22-003701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000114036122003701/brhc10033444_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-003701
- JSON: https://secwatch.observer/filing/0001140361-22-003701.json
- Plain text: https://secwatch.observer/filing/0001140361-22-003701.txt

## Key facts
- Executive change
  Marnie Sudnow was appointed as Director at Advanced Flower Capital Inc..
  - Action: appointed
  - Role: Director
  source text: On January 31, 2022, AFC Gamma, Inc. (the “Company”) expanded the Company’s Board of Directors (the “Board”) to eight members and appointed Marnie Sudnow to serve as a director on the Board, effective as of January 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822523/000114036122003701/0001140361-22-003701-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.