Advanced Flower Capital Inc. current report, 11 May 2021

Filing Overview

Registrant: AFC Gamma, Inc. (the filing identifies the company as AFC Gamma, Inc.; the request metadata refers to Advanced Flower Capital Inc.).

Form and date: Form 8-K dated May 11, 2021, reporting on the company’s financial results for the first quarter ended March 31, 2021.

The company’s common stock trades on Nasdaq under the symbol AFCG. The filing identifies AFC Gamma as an emerging growth company.

Financial Results and Key Metrics

The filing announces the release of the company’s first-quarter 2021 financial results and references an accompanying press release and investor presentation.

The supplied filing text does not include the underlying financial results or a clear value for revenue, net income, cash flow, margins, debt, liquidity, distributions, or other operating metrics. Those details appear to be contained in Exhibits 99.1 and 99.2, which are referenced but not included in the provided text.

Material Changes Versus Prior Period

The provided text does not disclose specific year-over-year or sequential changes. Comparative financial information should be verified in Exhibit 99.1 or Exhibit 99.2.

Guidance, Outlook, Risks, and Unusual Items

The filing does not provide specific guidance, outlook statements, risk updates, contingencies, or unusual items in the supplied text. It primarily furnishes the company’s quarterly earnings press release and investor presentation under Items 2.02 and 7.01.

The referenced information is furnished rather than filed for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other SEC filings except where expressly stated.

Investor Verification Checklist

  • Verify first-quarter 2021 revenue, net income, adjusted earnings, earnings per share, and book value in Exhibit 99.1.
  • Review cash flow, liquidity, debt balances, leverage, loan commitments, and funding sources.
  • Confirm dividend or distribution declarations and applicable payment dates, if any.
  • Compare first-quarter 2021 results with the prior comparable period and management’s stated expectations.
  • Review Exhibit 99.2 for portfolio composition, investment activity, pipeline, outlook, and risk commentary.
  • Confirm whether any material contingencies, non-recurring items, or subsequent events were disclosed in the exhibits.