---
schema_version: "secwatch.filing_event.v1"
accession: "0001822523-23-000018"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:29:55.121279+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# AFC Gamma appoints James C. Fagan as independent director

## Summary
- James C. Fagan appointed to Board effective June 13, 2023 as Class III director; term expires at 2026 Annual Meeting.
- Fagan has 40 years of commercial real estate experience, including senior roles at CBRE and Cushman & Wakefield.
- Board determined Fagan qualifies as independent under Nasdaq listing standards.
- Fagan will receive initial restricted stock grant vesting at one-year anniversary and standard indemnification agreement.
- No arrangements or transactions requiring disclosure under Item 404(a) were identified.

## SEC filing metadata
- accession: 0001822523-23-000018
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000018/0001822523-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000018/afcg-20230613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822523-23-000018
- JSON: https://secwatch.observer/filing/0001822523-23-000018.json
- Plain text: https://secwatch.observer/filing/0001822523-23-000018.txt

## Key facts
- Executive change
  James C. Fagan was appointed as director at Advanced Flower Capital Inc..
  - Action: appointed
  - Role: director
  source text: On June 13, 2023, AFC Gamma, Inc. (the “Company”) appointed James C. Fagan to serve as a director in a vacant seat on the Company’s Board of Directors (the “Board”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000018/0001822523-23-000018-index.htm

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