Advanced Flower Capital INC 8-K filings

Advanced Flower Capital Inc. announced its second quarter 2026 financial results, reporting a net investment income of $3.5 million and an increase in net asset value per share to $8.25.

Advanced Flower Capital Inc. has amended its Loan and Security Agreement, temporarily increasing revolving commitments to $110 million before reverting to $80 million.

Advanced Flower Capital Inc. provided an update on its stock repurchase program, indicating that $5.0 million has been authorized for buybacks at prices up to $3.50 per share.

Advanced Flower Capital Inc. announced its first quarter 2026 financial results, reporting $4.8 million in net investment income and an increase in net asset value per share.

Advanced Flower Capital Inc. announced a full-year 2025 GAAP net loss of $20.7 million, alongside a strategic conversion to a Business Development Company to broaden its investment scope.

Advanced Flower Capital Inc. has amended its Loan and Security Agreement to facilitate its conversion from a real estate investment trust (REIT) to a business development company (BDC) and to include new eligible loan receivables.

Advanced Flower Capital Inc. has successfully transitioned from a real estate investment trust to a business development company, effective January 1, 2026, expanding its investment strategy.

Advanced Flower Capital Inc. reported a GAAP net loss of $(12.5) million for Q3 2025, while shareholders approved its conversion from a mortgage REIT to a Business Development Company.

Advanced Flower Capital Inc. shareholders approved proposals to convert the company from a REIT to a Business Development Company, aiming for sustainable growth.

Advanced Flower Capital Inc. reported a significant net loss for Q2 2025 and announced its intention to convert from a mortgage REIT to a Business Development Company (BDC) to expand its investment mandate.

Advanced Flower Capital Inc. (AFCG) has announced a significant expansion of its senior secured revolving credit facility, increasing its commitment by $20 million to a total of $50 million, enhancing its capacity to fund cannabis operators.

Advanced Flower Capital Inc. held its 2025 Annual Meeting of Shareholders, where shareholders reelected a director and ratified the appointment of CohnReznick LLP as the independent auditor.

Advanced Flower Capital Inc. announced GAAP net income of $4.1 million and Distributable Earnings of $4.5 million for the first quarter of 2025.

Advanced Flower Capital Inc. terminated its unsecured revolving credit agreement with AFC Finance, LLC, a company wholly-owned by the Chairman of the Board, following an amendment to its Loan and Security Agreement.

Advanced Flower Capital Inc. has renewed its senior secured revolving credit facility, extending the maturity date to April 29, 2028, and increasing the interest rate floor.

Advanced Flower Capital announces a GAAP net loss for Q4 2024 but reports overall net income for the full year, alongside declaring a dividend for Q1 2025.

Advanced Flower Capital Inc. has entered into a $40 million unsecured revolving credit agreement with AFC Finance, LLC, a company wholly owned by its Chairman, Leonard M. Tannenbaum.

Advanced Flower Capital announced a net income of $1.4 million for the third quarter of 2024 and exceeded its $100 million origination target for the year.

Advanced Flower Capital Inc. has announced a leadership transition with Leonard M. Tannenbaum stepping down as Chief Investment Officer and transitioning to Chairman, while Robyn Tannenbaum has been appointed as the new Chief Investment Officer, alongside a corporate name change from AFC Gamma, Inc.

AFC Gamma announced a solid second quarter with $16.4 million in GAAP net income and $11.4 million in Distributable Earnings, while also completing the spin-off of its commercial real estate portfolio.

AFC Gamma has successfully completed the spin-off of its commercial real estate portfolio, creating a new publicly traded REIT, Sunrise Realty Trust.

AFC Gamma has completed the spin-off of its commercial real estate portfolio into Sunrise Realty Trust, with trading of SUNS shares commencing on the Nasdaq Capital Market on July 9, 2024, on a when-issued basis.

AFC Gamma is spinning off its commercial real estate portfolio into a new publicly-traded REIT, Sunrise Realty Trust (SUNS), with shares expected to begin trading on Nasdaq on July 9, 2024.

AFC Gamma's shareholders re-elected two directors and ratified the appointment of CohnReznick LLP as the company's independent auditor at the 2024 Annual Meeting.

AFC Gamma announces board resignations and appointments in preparation for the spin-off of its commercial real estate portfolio into Sunrise Realty Trust.

AFC Gamma announced a GAAP net loss of $(0.1) million but achieved Distributable Earnings of $10.0 million for the first quarter of 2024, while also deploying $90.4 million in new loans.

AFC Gamma has amended its loan agreement to include funds in a borrowing base cash account, expanding its borrowing capacity.

AFC Gamma announced a net loss for the fourth quarter of 2023, but reported positive full-year results and declared a dividend, while also highlighting a strategic shift towards pure-play cannabis lending.

AFC Gamma will spin off its commercial real estate portfolio into a new publicly traded REIT named Sunrise Realty Trust, allowing AFC Gamma to focus solely on cannabis industry lending.