Filing Summary
Business Context and Reporting Period
AFC Gamma, Inc. filed a Form 8-K dated May 19, 2022, reporting results of its 2022 Annual Meeting of Shareholders. The filing identifies the company as AFC Gamma, Inc.; it does not use the name Advanced Flower Capital Inc. The common stock trades on Nasdaq under the symbol AFCG.
Meeting Results and Key Metrics
- Shareholders reelected three Class II directors—Jonathan Kalikow, Jodi Hanson Bond, and Robert Levy—to terms expiring at the 2025 Annual Meeting or until successors are elected and qualified.
- Votes for, withhold votes, and broker non-votes were: Jonathan Kalikow—11,293,656, 402,952, and 3,972,781; Jodi Hanson Bond—9,053,117, 2,643,491, and 3,972,781; Robert Levy—11,191,374, 505,234, and 3,972,781, respectively.
- Shareholders ratified CohnReznick LLP as the independent registered public accounting firm for the year ending December 31, 2022.
- The auditor ratification vote was 15,632,592 for, 25,307 against, 11,490 abstentions, and no broker non-votes.
Financial Results and Material Changes
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or other operating and financial metrics. It reports no material financial changes versus a prior comparable period.
Outlook, Risks, and Unusual Items
The filing contains no management outlook, risk-factor update, contingency disclosure, or unusual financial item. The principal reported governance actions were director reelections and auditor ratification.
Investor Verification Items
- Verify the registrant’s corporate name and whether it corresponds to the requested Advanced Flower Capital Inc. entity.
- Review the company’s periodic financial filings for operating results, capital structure, liquidity, and guidance, which are not included in this Form 8-K.
- Confirm the elected directors’ terms and CohnReznick LLP’s appointment for fiscal year 2022.