{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-006856","form_type":"8-K","ticker":"AFCG","cik":"0001822523","company_name":"Advanced Flower Capital Inc.","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.738174+00:00","generated_at":"2026-06-09T06:11:17.755418+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"AFC Gamma names Daniel Neville CEO; Tannenbaum becomes Executive Chairman and CIO","bullets":["Daniel Neville appointed CEO effective Nov 13, 2023, succeeding Leonard Tannenbaum.","Tannenbaum transitions to Executive Chairman and Chief Investment Officer, same effective date.","Neville's base salary $625,000; eligible for annual bonus up to $400,000 and equity grants.","Neville receives Sign-On Grant of $750,000 in restricted stock vesting over 3 years, plus 20% of increase in Adjusted Capital.","Neville previously served as CFO of Ascend Wellness Holdings, a multi-state cannabis operator."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-006856","json":"https://secwatch.observer/filing/0001829126-23-006856.json","markdown":"https://secwatch.observer/filing/0001829126-23-006856.md","text":"https://secwatch.observer/filing/0001829126-23-006856.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623006856/0001829126-23-006856-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623006856/afcgammainc_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T06:11:17.755418+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"52c660ed66","claim":"Leonard M. Tannenbaum was appointed as Executive Chairman and Chief Investment Officer at Advanced Flower Capital Inc..","evidence_excerpt":"On October 26, 2023, Mr. Tannenbaum was appointed by the Board of Directors (the “Board”) of the Company as the Executive Chairman of the Board and the Company’s Chief Investment Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623006856/0001829126-23-006856-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman and Chief Investment Officer"}],"fact_type":"executive_change"},{"claim_id":"b3a56613e6","claim":"Daniel Neville was appointed as Chief Executive Officer at Advanced Flower Capital Inc..","evidence_excerpt":"On October 26, 2023, the Board appointed Daniel Neville as the Chief Executive Officer of the Company and a member of its Investment Committee, effective as of November 13, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623006856/0001829126-23-006856-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}