Advanced Flower Capital Inc. filed SEC Form 8-K: Termination of a Material Definitive Agreement, Financial Statements and Exhibits
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Real Estate
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 29, 2025
(Exact name of Registrant as Specified in Its Charter)
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Item 1.02 Termination of Material Definitive Agreement
In connection with Advanced Flower Capital Inc.’s, a Maryland corporation (the “Company”), entry into an amendment on April 29, 2025 to that certain Loan and Security Agreement, dated as of April 29, 2022, by and among the Company, the lenders party thereto and the lead arranger, bookrunner and administrative agent party thereto, the Company terminated that certain unsecured revolving credit agreement, dated December 17, 2024 (the “Unsecured Revolving Credit Agreement”) by and among the Company, as borrower, the lenders party thereto from time to time, and AFC Finance, LLC, as agent and lender. AFC Finance, LLC is wholly-owned by Leonard M. Tannenbaum, Chairman of the Company’s Board of Directors.
There were no outstanding borrowings under the Unsecured Revolving Credit Agreement at the time of its termination.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
| Exhibit No. | Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ADVANCED FLOWER CAPITAL INC. | ||||||||
| By: | /s/ Brandon Hetzel | |||||||
| Brandon Hetzel | ||||||||
| Chief Financial Officer and Treasurer | ||||||||
| Date: May 5, 2025 | ||||||||
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