secwatch.observer — SEC 8-K summary
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Issuer:     Advanced Flower Capital Inc. (AFCG)
CIK:        0001822523
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001140361-22-003701
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822523/000114036122003701/0001140361-22-003701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822523/000114036122003701/brhc10033444_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-003701

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