secwatch.observer — SEC 8-K summary
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Issuer:     NewLake Capital Partners, Inc. (NLCP)
CIK:        0001854964
Form:       8-K
Filed at:   2026-08-05T21:25:40+00:00
Accession:  0001854964-26-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

NewLake Q2 revenue $12.1M (-6.5% YoY); AFFO $0.49/share; extends revolver to 2029
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- Q2 revenue $12.1M, down 6.5% YoY; net income $5.9M ($0.29 diluted EPS).
- AFFO $10.3M ($0.49/share); dividend $0.43/share (88% AFFO payout ratio).
- Amended $90M revolver: maturity extended to May 2029, rate reduced to Prime.
- Acquired Kentucky dispensary for $0.6M, committed $1.6M for improvements.
- Tenant Cannabist in CCAA restructuring; full rent collected in Q2; Vireo Growth to acquire some operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854964/000185496426000025/0001854964-26-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854964/000185496426000025/nlcp-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001854964-26-000025

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