Welcome to our dedicated page for Advanced Flower Capital SEC filings (Ticker: AFCG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Advanced Flower Capital Inc. (Nasdaq: AFCG) provide detailed insight into the company’s evolution from a commercial mortgage real estate investment trust to a business development company (BDC) and its ongoing lending activities. As a Maryland corporation based in West Palm Beach, Florida, Advanced Flower Capital files periodic and current reports that describe its loan portfolio, capital structure, governance arrangements and regulatory status.
Through this page, investors can review annual reports on Form 10-K and quarterly reports on Form 10-Q, which typically include information on GAAP net income or loss, the composition and performance of the loan portfolio, credit loss provisions, and the company’s non-GAAP measure, Distributable Earnings, as defined in its filings. These reports also discuss risk factors related to lending in the cannabis industry, concentration of loans, access to financing and the implications of operating under REIT and BDC regulatory frameworks.
Current reports on Form 8-K are particularly relevant for tracking material events at Advanced Flower Capital. Recent 8-K filings have covered the announcement of quarterly financial results, shareholder votes on proposals to facilitate the conversion from a REIT to a BDC, and the adoption of a 1940 Act-compliant investment advisory agreement with AFC Management, LLC. Such filings also document the application of reduced asset coverage requirements permitted for BDCs and the effective date of the company’s conversion.
Investors can also use this page to access proxy materials such as the definitive proxy statement on Schedule 14A, which explains the rationale for the conversion to a BDC, outlines changes to the company’s investment strategy and regulatory obligations, and summarizes risks and considerations associated with the new structure. In addition, filings related to dividends, credit facilities and other financing arrangements help readers understand how Advanced Flower Capital funds and manages its senior secured loans and other debt investments.
Stock Titan’s platform supplements these documents with AI-powered summaries that highlight key points from lengthy filings, helping readers quickly identify items such as changes in leverage, updates to the investment mandate, and material developments affecting AFCG’s shareholders.
Advanced Flower Capital Inc. President and CIO Robyn Tannenbaum bought 7,000 shares of common stock in an open-market transaction at $2.80 per share on March 31, 2026. This purchase increased her direct holding to 225,907 shares. The filing also lists indirect holdings of 6,426,175 shares held by her spouse and 180,400 shares held by the Tannenbaum Family Foundation, for which she disclaims beneficial ownership as described in the footnotes.
Advanced Flower Capital Inc. director and 10% owner Leonard M. Tannenbaum bought 29,040 shares of Common Stock in an open-market purchase at a weighted average price of $2.76 per share. After this trade, he directly holds 6,426,175 shares. The filing also shows 225,907 shares held indirectly by his spouse and 180,400 shares held by the Tannenbaum Family Foundation, where he serves as President. The footnotes state that he disclaims beneficial ownership of the spouse and foundation holdings, except to the extent of any pecuniary interest.
Advanced Flower Capital Inc. director and 10% owner Leonard M. Tannenbaum reported open-market purchases of a total of 24,029 shares of common stock at $2.60 per share on March 26–27, 2026. Following these purchases, his direct holdings increased to 6,397,135 common shares.
The filing also lists indirect holdings of 218,907 shares held by his spouse and 180,400 shares held by the Tannenbaum Family Foundation. Tannenbaum disclaims beneficial ownership of these indirect holdings except to the extent of any pecuniary interest.
Advanced Flower Capital Inc. expanded its senior secured revolving credit facility by increasing aggregate revolver commitments under its loan agreement. The facility’s total commitments rose by $56 million, from $50 million to $106 million, including a $30 million permanent increase and a $26 million temporary increase from March 27, 2026 through April 10, 2026. After this temporary period ends, total revolving commitments will automatically adjust to $80 million. The company plans to use availability under the facility to fund existing borrower commitments, originate and participate in new commercial loans to U.S. lower middle-market companies, and for working capital and other general corporate purposes.
Leonard M. Tannenbaum filed Amendment No. 6 to his Schedule 13D for Advanced Flower Capital Inc., updating his ownership in the company’s common stock. He now reports beneficial ownership of 6,553,506 shares, representing 27.9% of the outstanding common stock.
Of this amount, 6,373,106 shares are held directly, with an additional 180,400 shares held by the Tannenbaum Family Foundation, where he serves as President and disclaims beneficial ownership except for any pecuniary interest. The increase in his stake, approximately 1.6 percentage points since the prior amendment, comes from multiple open-market purchases using personal funds.
Advanced Flower Capital Inc. director and 10% owner Leonard M. Tannenbaum reported open-market purchases of a total of 174,517 shares of Common Stock. He bought 115,237 shares on March 20 at $2.55 per share, 14,366 shares on March 23 at $2.59 per share, and 44,914 shares on March 24 at $2.59 per share.
Following these transactions, he directly owns 6,373,106 shares. The filing also shows 218,907 shares held indirectly by his spouse and 180,400 shares held by the Tannenbaum Family Foundation, for which he serves as President, with the report stating he disclaims beneficial ownership of these indirect holdings except to the extent of his pecuniary interest.
Advanced Flower Capital Inc. director and 10% owner Leonard M. Tannenbaum reported open-market purchases of a total of 151,200 shares of Common Stock at a weighted average price of $2.59 per share on March 18–19, 2026.
The trades were executed in multiple transactions, with prices ranging from $2.56 to $2.60, and the reported price reflects the weighted averages. Following these purchases, he holds 6,198,589 shares directly. Additional Common Stock is held indirectly, including 218,907 shares held by his spouse and 180,400 shares held by the Tannenbaum Family Foundation, for which he disclaims beneficial ownership as stated.
Advanced Flower Capital Inc. filed an initial insider ownership report for officer Peter Sattelmair, who serves as Principal Financial Officer. This Form 3 establishes his status as a reporting person under SEC rules. The filing does not list any specific transactions or derivative positions.
Advanced Flower Capital Inc. director and 10% owner Leonard M. Tannenbaum reported open-market purchases of a total of 51,808 shares of Common Stock between $2.58 and $2.60 per share, increasing his direct holdings to 6,047,389 shares. He also reports indirect holdings of 218,907 shares held by his spouse and 180,400 shares held by the Tannenbaum Family Foundation, while disclaiming beneficial ownership of those indirect positions except to the extent of any pecuniary interest.
Advanced Flower Capital Inc. shareholder Leonard M. Tannenbaum filed Amendment No. 5 to his Schedule 13D, reporting beneficial ownership of 6,175,981 common shares, equal to 26.2% of the class. His stake rose about 1.3 percentage points after open-market purchases funded with personal cash.
He directly holds 5,995,581 shares and is attributed 180,400 shares held by the Tannenbaum Family Foundation, where he serves as President and disclaims beneficial ownership except for any pecuniary interest. The reported amount excludes 218,907 shares held by his spouse, over which he also disclaims beneficial ownership.