AFC Gamma expands investment guidelines to non-cannabis CRE; director Kalikow resigns

Advanced Flower Capital Inc.

Management agreement amended to permit investments in mezzanine loans and non-cannabis commercial real estate, subject to a 35% asset cap.
Jonathan Kalikow resigned as director, Head of Real Estate, and Investment Committee member, effective September 11, 2023.
Resignation is voluntary and not due to any dispute; company will recommend accelerated vesting of Kalikow's restricted stock.
Kalikow no longer holds equity in Parent Manager; Leonard Tannenbaum now ~79% owner, Robyn Tannenbaum ~11%.

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jonathan Kalikow

Director and Head of Real Estate

AFCG · Advanced Flower Capital Inc.

Effective: 2023-09-11
Filed: September 12, 2023, 7:59 PM ET

On September 11, 2023 , effective as of such date, Jonathan Kalikow resigned from each of his officer and director positions with the Company and each of its subsidiaries

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Kalikow resigned as Director and Head of Real Estate at Advanced Flower Capital Inc..

Action: resigned
Role: Director and Head of Real Estate

Exact text from the filing

On September 11, 2023 , effective as of such date, Jonathan Kalikow resigned from each of his officer and director positions with the Company and each of its subsidiaries

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Advanced Flower Capital Inc. amended Management Agreement Amendment with AFC Management, LLC (effective 2023-09-11).

Action: amendment
Counterparty: AFC Management, LLC
Effective: 2023-09-11

Exact text from the filing

On September 11, 2023, AFC Gamma, Inc. (the “Company”) entered into an amendment (the “Management Agreement Amendment”) to the Company’s Amended and Restated Management Agreement, dated January 14, 2021, between the Company and AFC Management, LLC (the “Manager”), as amended

View on SEC.gov

182 material agreements filed in the last 30 days. Browse all material agreements →

Advanced Flower Capital Inc. filing history →

Source: SEC EDGAR

accession 0001829126-23-006051

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.