AFC Gamma, Inc. SC 13D/A Filing Amendment

TL;DR

Tannenbaum filed an amendment for AFC Gamma, Inc. ownership. Check for changes.

AI Summary

Leonard M. Tannenbaum filed an amendment (No. 1) to Schedule 13D on July 2, 2024, regarding AFC Gamma, Inc. This filing updates information previously submitted on January 11, 2022. Tannenbaum's address for receiving notices is 525 Okeechobee Blvd., Suite 1650, West Palm Beach, FL 33401.

Why It Matters

This filing indicates an update to the ownership or control information for AFC Gamma, Inc., which could signal changes in the company's strategic direction or investor relations.

Risk Assessment

Risk Level: low — This is a routine amendment to a previous filing and does not inherently indicate new risks.

Key Numbers

• 1 — Amendment Number (Indicates this is the first update to the original filing.)
• 20240702 — Filing Date (Date the amendment was submitted to the SEC.)
• 20220111 — Original Filing Date (Date of the initial Schedule 13D filing.)

Key Players & Entities

• AFC Gamma, Inc. (company) — Subject Company
• Leonard M. Tannenbaum (person) — Filing Person
• 525 Okeechobee Blvd., Suite 1650 (address) — Filing Person's Address
• West Palm Beach, FL 33401 (address) — Filing Person's Address

FAQ

Key Financial Figures

• $0.01 — 2,290 shares of Common Stock, par value $0.01 per share (“Common Stock”),
• $20.18 — chase 500,000 shares of Common Stock at $20.18 per share fully-vested on grant and exp
• $15.57 — ed 51,380 shares of restricted stock at $15.57 per share vesting over three years, sub
• $11.70 — d 111,111 shares of restricted stock at $11.70 per share vesting over three years, sub
• $10.02 — ed average purchase prices ranging from $10.02 to $15.85. Item 5. Interest in Securi
• $15.85 — purchase prices ranging from $10.02 to $15.85. Item 5. Interest in Securities of th

Filing Documents

• afcgamma_sc13da.htm (SC 13D/A) — 41KB
• 0001829126-24-004541.txt ( ) — 42KB

Security and Issuer

Item 1. Security and Issuer .

is hereby amended and restated in its entirety as follows

Item 1 is hereby amended and restated in its entirety as follows: This statement on Schedule 13D relates to the Common Stock of AFC Gamma, Inc., a Maryland corporation. The address of the principal executive offices of the Issuer is 525 Okeechobee Blvd., Suite 1650, West Palm Beach, Florida 33401.

Identity and Background

Item 2. Identity and Background.

is hereby amended and supplemented as follows

Item 2 is hereby amended and supplemented as follows: (a)(b)(c)(f) This statement is being filed by Leonard M. Tannenbaum, a U.S. citizen. The Reporting Person is Executive Chairman and Chief Investment Officer of the Issuer. The principal business address of the Reporting Person is 525 Okeechobee Blvd., Suite 1650, West Palm Beach, Florida 33401.

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration.

is hereby amended and supplemented as follows

Item 3 is hereby amended and supplemented as follows: On January 11, 2022, the Reporting Person was granted a stock option to purchase 500,000 shares of Common Stock at $20.18 per share fully-vested on grant and expiring January 10, 2029. These options are exercisable as of the date of this filing. On January 3, 2023, the Reporting Person was granted 51,380 shares of restricted stock at $15.57 per share vesting over three years, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement. On January 24, 2024, the Reporting Person was granted 111,111 shares of restricted stock at $11.70 per share vesting over three years, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement. From 2022 through to the date of filing of this Amendment, the Reporting Person undertook various market purchases of Common Stock at weighted average purchase prices ranging from $10.02 to $15.85.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

is hereby amended and supplemented as follows

Item 5 is hereby amended and supplemented as follows: (a) and (b) See Items 7-11 and 13 of the cover page above and Item 3. (c) Other than as discussed in this Statement, during the past sixty days prior to the date of this statement, the Reporting Person has not acquired any shares of the Issuer’s Common Stock. See Item 3. 2 CUSIP No. 00109K105

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: July 2, 2024 LEONARD M. TANNENBAUM /s/ Leonard M. Tannenbaum 3

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