Advanced Flower Capital Inc. (AFCG) — SEC Filings
Advanced Flower Capital Inc. (AFCG) — 35 SEC filings. Latest: 8-K (May 7, 2026). Includes 16 8-K, 6 10-Q, 5 DEFA14A.
View Advanced Flower Capital Inc. on SEC EDGAR
Overview
Advanced Flower Capital Inc. (AFCG) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 4 filed on Apr 1, 2026: On March 31, 2026, Leonard M. Tannenbaum reported a change in beneficial ownership of securities for Advanced Flower Capital Inc. The filing details transactions related to his holdings, but specific dollar amounts and the nature of the transactions are not provided in this excerpt.
Sentiment Summary
Across 35 filings, the sentiment breakdown is: 1 bullish, 2 bearish, 31 neutral, 1 mixed. The dominant filing sentiment for Advanced Flower Capital Inc. is neutral.
Filing Type Overview
Advanced Flower Capital Inc. (AFCG) has filed 2 4, 16 8-K, 6 10-Q, 5 DEFA14A, 3 DEF 14A, 1 SC 13D/A, 1 10-K, 1 SC 13G with the SEC between Jan 2024 to May 2026.
Filings by Year
Recent SEC Filings (35)
Risk Profile
Risk Assessment: Of AFCG's 33 recent filings, 2 were flagged as high-risk, 12 as medium-risk, and 19 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $24,681,832 |
| Net Income | -$21,590,000 |
| EPS | N/A |
| Debt-to-Equity | N/A |
| Cash Position | $45,120,389 |
| Operating Margin | N/A |
| Total Assets | $288,717,219 |
| Total Debt | $111,057,895 |
Key Executives
- Leonard M. Tannenbaum
- 0001200461
- Jonathan M. Simon
- Jonathan M. Cohen
Industry Context
Advanced Flower Capital Inc. operates in the financial services sector, specifically as a lender. The company is undergoing a significant strategic shift, moving from a REIT structure to a BDC, and diversifying its investment focus beyond the cannabis industry. This transition occurs amidst a challenging economic environment characterized by rising credit loss provisions and increased unrealized losses on its loan portfolio.
Top Tags
proxy-statement (6) · corporate-governance (6) · sec-filing (4) · real-estate (4) · material-agreement (4) · 10-Q (4) · financial-reporting (3) · corporate-action (3) · AFC Gamma (3) · AFCG (3)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Period of Report | 2026-03-26 | Date of reported transactions |
| Filing Date | 2026-03-30 | Date the form was filed with the SEC |
| Net Loss | $21.59M | For the nine months ended September 30, 2025, a significant decline from $17.78M net income in 2024. |
| Provision for Current Expected Credit Losses | $22.52M | For the nine months ended September 30, 2025, a substantial increase from a $1.15M reversal in 2024, indicating deteriorating asset quality. |
| Total Assets | $288.72M | As of September 30, 2025, down from $402.06M at December 31, 2024, reflecting asset reduction. |
| Cash and Cash Equivalents | $45.12M | As of September 30, 2025, a sharp decrease from $103.61M at December 31, 2024. |
| BDC Conversion Expenses | $0.8M | Incurred for the nine months ended September 30, 2025, reflecting costs of strategic shift. |
| Change in Unrealized Losses on Loans at Fair Value | $11.45M | For the nine months ended September 30, 2025, up from $9.66M in 2024, contributing to net loss. |
| Common Shares Outstanding | 22,594,541 | As of September 30, 2025, an increase from 22,332,927 at December 31, 2024. |
| Dividends Declared per Common Share | $0.53 | For the nine months ended September 30, 2025, a decrease from $1.44 in 2024. |
| Special Meeting Date | 2025-11-06 | Date shareholders will vote on the Conversion |
| Special Meeting Time | 10:00 a.m. Eastern Time | Time of the virtual shareholder meeting |
| Record Date | 2025-09-15 | Date for shareholders entitled to vote |
| Current Asset Coverage Requirement | 200% | Current leverage limit as a REIT |
| Proposed Asset Coverage Requirement | 150% | New leverage limit as a BDC, if approved |
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Frequently Asked Questions
What are the latest SEC filings for Advanced Flower Capital Inc. (AFCG)?
Advanced Flower Capital Inc. has 35 recent SEC filings from Jan 2024 to May 2026, including 16 8-K, 6 10-Q, 5 DEFA14A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of AFCG filings?
Across 35 filings, the sentiment breakdown is: 1 bullish, 2 bearish, 31 neutral, 1 mixed. The dominant sentiment is neutral.
Where can I find Advanced Flower Capital Inc. SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Advanced Flower Capital Inc. (AFCG) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Advanced Flower Capital Inc.?
Key financial highlights from Advanced Flower Capital Inc.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for AFCG?
The investment thesis for AFCG includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Advanced Flower Capital Inc.?
Key executives identified across Advanced Flower Capital Inc.'s filings include Leonard M. Tannenbaum, 0001200461, Jonathan M. Simon, Jonathan M. Cohen.
What are the main risk factors for Advanced Flower Capital Inc. stock?
Of AFCG's 33 assessed filings, 2 were flagged high-risk, 12 medium-risk, and 19 low-risk.
What are recent predictions and forward guidance from Advanced Flower Capital Inc.?
Forward guidance and predictions for Advanced Flower Capital Inc. are extracted from SEC filings as they are enriched.