secwatch.observer — SEC 8-K summary
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Issuer:     NewLake Capital Partners, Inc. (NLCP)
CIK:        0001854964
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001854964-25-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

NewLake Q2 revenue $12.9M (+3.8% YoY), AFFO $11.5M; notes AYR Wellness rent risk
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- Revenue $12.9M, net income $7.3M, AFFO $11.5M; declared $0.43 dividend (annual $1.72).
- YoY growth: revenue +3.8%, FFO +7.7%, AFFO +4.0%.
- AYR Wellness (5.9% of rental revenue) entered restructuring; August rent unpaid as of Aug 6.
- Revolutionary Clinics vacated July 2025; leasing efforts ongoing.
- Cash $21.9M, total liquidity $104.3M, debt/assets 1.6%, no debt maturity until May 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854964/000185496425000007/0001854964-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854964/000185496425000007/nlcp-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001854964-25-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer