---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-056475"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2026-08-13T11:35:11+00:00"
generated_at: "2026-08-13T11:40:18.534143+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AFC Q2 NII $0.15/share, NAV up to $8.25, repurchases 839k shares at $3.29

## Summary
- Q2 GAAP NII $3.5M ($0.15/share) vs $4.8M ($0.21) in Q1; total investment income $8.7M.
- NAV per share $8.25 at June 30, 2026, up from $7.90 at March 31; portfolio $289.8M across 17 companies.
- Repurchased 839,406 shares at $3.29 avg, $2.8M total, adding $0.17/share NAV accretion; $5M program active until May 2027.
- Paid $0.05/share distribution on July 15, 2026; debt-to-equity 1.10x, net 0.53x, asset coverage 190%.
- Funded $17.2M gross, $8.0M net; weighted avg yield on income-producing debt 13.2%.

## SEC filing metadata
- accession: 0001628280-26-056475
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2026-08-13T11:35:11+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000162828026056475/0001628280-26-056475-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000162828026056475/afcg-20260813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-056475
- JSON: https://secwatch.observer/filing/0001628280-26-056475.json
- Plain text: https://secwatch.observer/filing/0001628280-26-056475.txt

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