Source-grounded facts extracted from Advanced Flower Capital Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Advanced Flower Capital Inc. shareholders approved Ratification of the appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-28 meeting.
“The Company’s shareholders approved the ratification of the appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.”
Advanced Flower Capital Inc. shareholders approved Election of Class III Directors at the 2026-05-28 meeting.
“The Company’s shareholders voted in favor of the reelection of the two Class III director nominees for a term of office expiring at the 2029 Annual Meeting of Shareholders or until their successors are duly elected and qualified.”
Advanced Flower Capital Inc. reported the quarter ended March 31, 2026 results: net income $4.8 million, EPS $0.21 per basic weighted average share.
“GAAP net investment income (“NII”) for the quarter ended March 31, 2026, was $4.8 million, or $0.21 per basic weighted average share”
Advanced Flower Capital Inc. amended revolving credit of $56 million.
“increased the aggregate revolver commitments under the facility by $56 million, from $50 million to $106 million”
Advanced Flower Capital Inc. amended Amendment Number Eight to the Loan and Security Agreement with the lenders party thereto and the lead arranger, bookrunner and administrative agent party thereto valued at increased the aggregate revolver commitments under the facility by $56 million, from $50 million to (effective 2026-03-27).
“On March 27, 2026, Advanced Flower Capital Inc., a Maryland corporation (the “Company”), entered into Amendment Number Eight to the Loan and Security Agreement (the “Eighth Amendment”), dated as of April 29, 2022 (as amended, supplemented or otherwise modified from time to time, including by the Eighth Amendment), by and among the Company, as borrower, the lenders party thereto and the lead arranger, bookrunner and administrative agent party thereto.”
Advanced Flower Capital Inc. reported the full year 2025 results: net income $(20.7) million, EPS $(0.95) per basic weighted average common share.
“The Company reported GAAP net loss of $(20.7) million, or $(0.95) per basic weighted average common share, and Distributable Earnings of $8.7 million, or $0.39 per basic weighted average common share, for the full year 2025.”
Advanced Flower Capital Inc. reported the fourth quarter of 2025 results: net income $0.9 million, EPS $0.04 per basic weighted average common share.
“AFC reported generally accepted accounting principles (“GAAP”) net income of $0.9 million, or $0.04 per basic weighted average common share, and Distributable Earnings of $(2.8) million, or $(0.12) per basic weighted average common share, for the fourth quarter of 2025.”
Advanced Flower Capital Inc. incurred credit facility of $20,000,000 with TCGSL LLC maturing August 1, 2028.
“The Credit Agreement provides for an aggregate commitment by the Lender of $20,000,000 and matures on August 1, 2028.”
Advanced Flower Capital Inc. entered into Credit Agreement with TCGSL LLC valued at $20,000,000 (effective 2026-01-27).
“On January 27, 2026, Advanced Flower Capital Inc., a Maryland corporation (the “Company”), entered into an unsecured revolving credit agreement (the “Credit Agreement”) with TCGSL LLC, acting as agent and lender (in such capacity, the “Lender”).”
Advanced Flower Capital Inc. amended Sixth Amendment with the lenders party thereto and the lead arranger, bookrunner and administrative agent party thereto (effective 2026-01-13).
“On January 13, 2026, Advanced Flower Capital Inc., a Maryland corporation (the “Company”), entered into Amendment Number Six to the Loan and Security Agreement (the “Sixth Amendment”), dated as of April 29, 2022 (as amended, supplemented or otherwise modified from time to time, including by the Sixth Amendment), by and among the Company, as borrower, the lenders party thereto and the lead arranger, bookrunner and administrative agent party thereto.”
Advanced Flower Capital Inc. issued securities.
“the ownership and transfer restrictions set forth in Article VII of the Charter shall no longer be in effect”
Advanced Flower Capital Inc.: Adopted a new Code of Ethics for Principal Executive and Senior Financial Officers effective upon conversion to a BDC (effective 2026-01-05).
“Effective on the Conversion Date, in connection with the Company becoming a BDC, the Board adopted a new Code of Ethics for Principal Executive and Senior Financial Officers, which is applicable to the Company’s principal executive officer, principal financial officer, and principal accounting officer or controller, or persons performing similar functions, and is available on the Company’s website at advancedflowercapital.com.”
Advanced Flower Capital Inc.: Third Amended and Restated Bylaws adopted in connection with conversion to a BDC, including majority voting standard for director elections in contested elections, revised advance notice provisions, application of Maryland Control Share Acquisition Act, exclusive forum provisions for federal securit (effective 2026-01-05).
“in conjunction with the Conversion, the Board approved the Third Amended and Restated Bylaws of the Company (the “Bylaws”), which became effective on the Conversion Date. The amendments to the Bylaws include (1) adding a majority voting standard for the election of directors in contested elections and retaining a plurality standard for the election of directors in uncontested elections, (2) revising the advance notice provisions of the Bylaws to conform with customary provisions for BDCs, (3) providing that the Maryland Control Share Acquisition Act applies to any acquisition or proposed acquisition of shares of stock of the Company to the extent provided in the Maryland Control Share Acquisition Act (other than with respect to (a) the acquisition of shares of stock of the Company by Leonard M. Tannenbaum, AFC Management LLC or any of their affiliates or (b) the voting rights of the holders of any shares of preferred stock of the Company), (4) clarifying that the exclusive forum provis”
Advanced Flower Capital Inc.: Filed amendment to articles of incorporation to change company name from AFC Gamma, Inc. to Advanced Flower Capital Inc (effective 2024-10-22).
“On October 22, 2024, the Company filed an amendment to its Articles of Amendment with the State Department of Assessments and Taxation of Maryland to change its name from “AFC Gamma, Inc.” to “Advanced Flower Capital Inc.” (the “Amendment”).”
Advanced Flower Capital Inc.: Amended and restated bylaws to reflect name change and add Universal Proxy Rules requirements (effective 2024-10-22).
“the Company amended and restated its Amended and Restated Bylaws (the “Second Amended and Restated Bylaws”), to reflect the name change and to address matters relating to Rule 14a-19 under the Securities Exchange Act of 1934 (the “Universal Proxy Rules”) by requiring stockholders intending to use the Universal Proxy Rules to, among other things, provide evidence of compliance with Rule 14a-19 to the Company.”
Leonard M. Tannenbaum changed role as Chairman at Advanced Flower Capital Inc..
“Additionally, Mr. Tannenbaum transitioned from his role as Executive Chairman of the Company to Chairman of the Company on such date.”
Leonard M. Tannenbaum resigned as Chief Investment Officer at Advanced Flower Capital Inc..
“Effective on October 21, 2024, Leonard M. Tannenbaum resigned as Chief Investment Officer of Advanced Flower Capital Inc.”
Robyn Tannenbaum was appointed as Chief Investment Officer at Advanced Flower Capital Inc..
“Effective on October 21, 2024, the Company’s Board of Directors (the “Board”) appointed Robyn Tannenbaum as the Chief Investment Officer of the Company.”
Advanced Flower Capital Inc. completed a disposition (closed 2024-07-09).
“AFC Gamma completed the Spin-Off on July 9, 2024, through the Distribution to all holders of outstanding shares of the Company’s common stock as of the close of business on the Record Date.”
James Fagan resigned as Director at Advanced Flower Capital Inc..
“Jodi Hanson Bond and James Fagan resigned from the Company’s Board of Directors”
Jodi Hanson Bond resigned as Director at Advanced Flower Capital Inc..
“Jodi Hanson Bond and James Fagan resigned from the Company’s Board of Directors”
James Fagan resigned as Director at Advanced Flower Capital Inc..
“On May 20, 2024, Jodi Hanson Bond and James Fagan notified AFC Gamma, Inc. (the “Company”) of their respective decisions to resign as directors of the Company, effective upon the completion of the Company’s spin-off of its separate commercial real estate portfolio into an independent, publicly-traded REIT, Sunrise Realty Trust, Inc. (“SUNS”).”
Jodi Hanson Bond resigned as Director at Advanced Flower Capital Inc..
“On May 20, 2024, Jodi Hanson Bond and James Fagan notified AFC Gamma, Inc. (the “Company”) of their respective decisions to resign as directors of the Company, effective upon the completion of the Company’s spin-off of its separate commercial real estate portfolio into an independent, publicly-traded REIT, Sunrise Realty Trust, Inc. (“SUNS”).”
Advanced Flower Capital Inc. reported first quarter ended March 31, 2024 results: net income GAAP net loss of $(0.1) million, EPS $(0.01) per basic weighted average common share.
“On May 9, 2024, AFC Gamma, Inc. issued a press release announcing its financial and operational results for the quarter ended March 31, 2024.”
Advanced Flower Capital Inc. amended Amendment with the lenders party thereto and the lead arranger, bookrunner and administrative agent party thereto (effective 2024-03-26).
“On March 26, 2024, AFC Gamma, Inc., a Maryland corporation (the “Company”) entered into an amendment (the “Amendment”) to the Loan and Security Agreement, dated as of April 29, 2022, by and among the lenders party thereto and the lead arranger, bookrunner and administrative agent party thereto.”
Advanced Flower Capital Inc. reported fourth quarter and year ended December 31, 2023 results: net income GAAP net loss of $(9.2) million or $(0.45) per basic weighted average common share, EPS $(0.45) per basic weighted average common share.
“AFC Gamma, Inc. issued a press release announcing its financial and operational results for the fourth quarter and year ended December 31, 2023.”
Advanced Flower Capital Inc. reported third quarter of 2023 results: net income $8.0 million, EPS $0.39 per basic weighted average common share.
“AFC Gamma reported generally accepted accounting principles (“GAAP”) net income of $8.0 million or $0.39 per basic weighted average common share and Distributable Earnings of $9.9 million or $0.49 per basic weighted average common share for the third quarter of 2023.”
Daniel Neville was appointed as Chief Executive Officer at Advanced Flower Capital Inc..
“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.”
Leonard M. Tannenbaum was appointed as Executive Chairman and Chief Investment Officer at Advanced Flower Capital Inc..
“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.”
Advanced Flower Capital Inc. amended Management Agreement Amendment with AFC Management, LLC (effective 2023-09-11).
“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”
Jonathan Kalikow resigned as Director and Head of Real Estate at Advanced Flower Capital Inc..
“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”
Advanced Flower Capital Inc. reported financial results for the quarter ended June 30, 2023.
“AFC Gamma, Inc. issued a press release announcing its financial and operational results for the quarter ended June 30, 2023.”
James C. Fagan was appointed as director at Advanced Flower Capital Inc..
“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.”
Advanced Flower Capital Inc. shareholders approved Ratification of Appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-18 meeting.
“The Company’s shareholders approved the ratification of the appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. For Against Abstain Broker Non-Vote 14,892,546 107,654 28,746 -”
Advanced Flower Capital Inc. shareholders approved Election of Class III Directors at the 2023-05-18 meeting.
“The Company’s shareholders voted in favor of the reelection of each of the two Class III director nominees for a term of office expiring at the 2026 Annual Meeting of Shareholders or, in each case, until their successors are duly elected and qualified. For Withheld Broker Non-Vote Alexander Frank 8,639,812 2,669,690 3,719,444 Marnie Sudnow 9,240,864 2,068,638 3,719,444”
Advanced Flower Capital Inc. reported the quarter ended March 31, 2023 results: net income GAAP net income of $10.0 million or $0.49 per basic weighted average common share, EPS $0.49 per basic weighted average common share.
“On May 10, 2023, AFC Gamma, Inc. issued a press release announcing its financial and operational results for the quarter ended March 31, 2023.”
Brandon Hetzel was appointed as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..
“On March 17, 2023, the Company’s Board of Directors (the “Board”) appointed Brandon Hetzel as the Chief Financial Officer and Treasurer of the Company, effective on such date”
Brett Kaufman was terminated as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..
“Brett Kaufman’s employment as the Chief Financial Officer and Treasurer of AFC Gamma, Inc. (the “Company”) will terminate effective April 17, 2023”
Advanced Flower Capital Inc. reported the full year 2022 results: net income $35.9 million, EPS $1.80 per basic weighted average common share.
“The Company reported GAAP net income of $35.9 million or $1.80 per basic weighted average common share and Distributable Earnings of $49.9 million or $2.51 per basic weighted average common share for the full year 2022.”
Advanced Flower Capital Inc. reported the fourth quarter of 2022 results: net income $2.9 million, EPS $0.14 per basic weighted average common share.
“AFC Gamma reported generally accepted accounting principles (“GAAP”) net income of $2.9 million or $0.14 per basic weighted average common share and Distributable Earnings of $12.6 million or $0.62 per basic weighted average common share for the fourth quarter of 2022.”
Robyn Tannenbaum was appointed as President at Advanced Flower Capital Inc..
“On March 7, 2023, the Company announced the appointment of Robyn Tannenbaum as President of the Company.”
Tomer Tzur resigned as director at Advanced Flower Capital Inc..
“On November 11, 2022, Tomer Tzur resigned from his position as a director of AFC Gamma, Inc. (the “Company”), effective as of such date.”
Advanced Flower Capital Inc. reported the third quarter of 2022 results: net income $11.5 million, EPS $0.57 per basic weighted average share of common stock.
“Net income of $11.5 million in Q3 2022, or $0.57 per basic weighted average share of common stock”
Marnie Sudnow was appointed as Director at Advanced Flower Capital Inc..
“On January 31, 2022, AFC Gamma, Inc. (the “Company”) expanded the Company’s Board of Directors (the “Board”) to eight members and appointed Marnie Sudnow to serve as a director on the Board, effective as of January 31, 2022.”
Brett Kaufman was appointed as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..
“Effective August 2, 2021 (the “Effective Date”), the Compensation Committee of the Company’s Board of Directors (the “Board”) approved the terms of a new employment agreement (the “Employment Agreement”) by and between AFC Management, LLC and Mr. Kaufman, whereby he will be appointed as the Company’s Chief Financial Officer and Treasurer and the Chief Financial Officer of a to-be-established Business Development Company (“AFC BDC”).”
Thomas Geoffroy resigned as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..
“On August 2, 2021, Thomas Geoffroy resigned from his position as Chief Financial Officer and Treasurer of AFC Gamma, Inc. (the “Company”) , effective August 6, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.