Recent 8-K filings for AFCG

• May 07, 2026 23:59 UTC earnings materiality 0.65 positive item 2.02item 9.01

  Advanced Flower Capital reports Q1 NII of $0.21/share, NAV rises to $7.90; authorizes $5M buyback

  GAAP NII $4.8M ($0.21/share); net increase in net assets from operations $11.4M ($0.49/share)

• Mar 30, 2026 23:59 UTC debt materiality 0.70 positive item 1.01item 2.03item 9.01

  AFC expands revolving credit facility to $80M with $30M new commitment from existing lender

  Eighth Amendment increases revolver commitments by $56M to $106M temporarily, then resets to $80M after April 10, 2026.

• Jan 05, 2026 23:59 UTC other_material materiality 0.85 positive item 1.01item 1.02item 3.03item 5.02item 5.03item 5.05item 8.01item 9.01

  Advanced Flower Capital completes conversion from REIT to BDC effective Jan 1, 2026

  Company now regulated under 1940 Act as BDC; investment flexibility expanded beyond real estate-backed loans.

• Nov 12, 2025 23:59 UTC earnings materiality 0.65 neutral item 2.02item 9.01

  AFCG Q3 2025: GAAP net loss $12.5M; shareholders approve REIT-to-BDC conversion

  GAAP net loss of $12.5M ($0.57/share); Distributable Earnings of $3.5M ($0.16/share).

• Nov 06, 2025 23:59 UTC other_material materiality 0.75 positive item 5.07item 8.01item 9.01

  Advanced Flower Capital shareholders approve conversion to BDC, expected Q1 2026

  Shareholders voted 13.2M for, 0.5M against to approve new 1940 Act-compliant investment advisory agreement.

• Aug 14, 2025 23:59 UTC other_material materiality 0.70 negative item 2.02item 9.01

  AFC reports Q2 GAAP net loss of $13.2M; proposes conversion from REIT to BDC

  Q2 GAAP net loss of $13.2M ($0.60 per share); Distributable Earnings of $3.4M ($0.15 per share).

• Jun 09, 2025 23:59 UTC debt materiality 0.60 positive item 1.01item 9.01

  Advanced Flower Capital expands revolving credit facility to $50M with additional $20M commitment

  Credit facility increased from $30M to $50M via $20M additional commitment from existing FDIC-insured bank.

• May 14, 2025 23:59 UTC earnings materiality 0.60 neutral item 2.02item 9.01

  Advanced Flower Capital Q1 GAAP net income $4.1M ($0.18/sh); distributable earnings $4.5M ($0.21/sh)

  GAAP net income of $4.1 million ($0.18 per basic share) for Q1 2025.

• May 02, 2025 23:59 UTC debt materiality 0.75 positive item 1.01item 9.01

  AFC renews senior secured credit facility with $100M expansion option, maturity extended to 2028

  Credit facility renewed with lead commitment from FDIC-insured bank >$75B assets.

• Mar 13, 2025 23:59 UTC earnings materiality 0.60 neutral item 2.02item 9.01

  Advanced Flower Capital Q4 2024 GAAP net loss $1.0M; distributable earnings $0.29/share

  Q4 2024 GAAP net loss of $(1.0) million or $(0.05) per basic share.

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.85 · Median 0.60 · Most common event earnings

6 positive 1 negative 8 neutral

source · AFCG on sec.gov