Advanced Flower Capital updates $5M stock buyback
Advanced Flower Capital Inc. (AFCG) reports an update on its previously authorized common stock repurchase program of up to $5.0 million.
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Form Type
8-K
Rhea-AI Filing Summary
Advanced Flower Capital Inc. (AFCG) reports an update on its previously authorized common stock repurchase program of up to $5.0 million. The company may repurchase shares in the open market from time to time, subject to its compliance policies and applicable securities regulations.
Advanced Flower Capital states that, as of September 14, 2026, it has repurchased 1,060,089 shares under this program. After these repurchases, shares of common stock issued and outstanding total 22,468,755 as of that date. The repurchase program is expected to remain in place until the earlier of repurchasing $5.0 million of common stock or May 4, 2027, unless amended or extended by the board of directors.
8-K Event Classification
Item 7.01 — Regulation FD Disclosure
1 item
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Key Figures
Repurchase program authorization: $5.0 million
Shares repurchased to date: 1,060,089 shares
Shares outstanding after repurchases: 22,468,755 shares
+1 more
4 metrics
Repurchase program authorization
$5.0 million
Maximum dollar amount of common stock authorized for repurchase
Shares repurchased to date
1,060,089 shares
Common stock repurchased under the program as of September 14, 2026
Shares outstanding after repurchases
22,468,755 shares
Common stock issued and outstanding after all repurchases through September 14, 2026
Program end date
May 4, 2027
Program expected to continue until this date or until $5.0 million repurchased, whichever is earlier
Key Terms
Repurchase Program, Regulation FD, Investment Company Act of 1940, Rule 10b-18, +2 more
6 terms
Repurchase Program financial
"the Board of Directors ... has authorized a program for the purpose of repurchasing"
A repurchase program is when a company buys back its own shares from the open market. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's future. For investors, it often suggests that the company believes its stock is undervalued and can be a sign of financial strength.
Regulation FD regulatory
"Item 7.01 Regulation FD Disclosure As previously announced"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
Investment Company Act of 1940 regulatory
"procedures adopted in accordance with Rule 38a-1 and other relevant provisions under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
Rule 10b-18 regulatory
"the guidelines specified in Rule 10b-18 under the Securities Exchange Act of 1934"
Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.
Rule 38a-1 regulatory
"compliance policies and procedures adopted in accordance with Rule 38a-1"
Rule 17j-1 regulatory
"a code of ethics adopted pursuant to Rule 17j-1 under the 1940 Act"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the size of Advanced Flower Capital Inc. (AFCG)'s stock repurchase program?
Advanced Flower Capital Inc. authorized a common stock repurchase program of up to $5.0 million. The company may repurchase shares in the open market from time to time, subject to its compliance policies and applicable securities regulations.
How long will Advanced Flower Capital's repurchase program remain in effect?
Advanced Flower Capital expects the repurchase program to remain in place until the earlier of when $5.0 million of common stock has been repurchased or May 4, 2027, unless amended or extended by the board of directors.
How will AFCG conduct repurchases under this program?
Advanced Flower Capital may repurchase its outstanding common stock in the open market from time to time, in compliance with its policies under the Investment Company Act of 1940, its code of ethics, and the guidelines specified in Rule 10b-18 under the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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): September 11, 2026
(Exact name of Registrant as Specified in Its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices, including zip code)
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 7.01 Regulation FD Disclosure
As previously announced, the Board of Directors of Advanced Flower Capital Inc. (the “Company”) has authorized a program for the purpose of repurchasing up to $5.0 million of the Company's common stock (the “Repurchase Program”). Under the Repurchase Program, the Company may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time, provided that the Company complies with the prohibitions under its compliance policies and procedures adopted in accordance with Rule 38a-1 and other relevant provisions under the Investment Company Act of 1940, as amended (the “1940 Act”), a code of ethics adopted pursuant to Rule 17j-1 under the 1940 Act and the guidelines specified in Rule 10b-18 under the Securities Exchange Act of 1934, as amended, including certain price, market, volume, and timing constraints. Unless amended or extended by the Company’s Board of Directors, the Company expects the Repurchase Program to be in place until the earlier of such time that $5.0 million of the Company’s outstanding shares of common stock have been repurchased, or May 4, 2027.
As of September 14, 2026, the Company has repurchased an aggregate of 1,060,089 shares of its common stock pursuant to the Repurchase Program and, after giving effect to all repurchases completed under the Repurchase Program through that date, the total number of shares of the Company’s common stock issued and outstanding is 22,468,755.
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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: September 15, 2026 | ||||||||
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