Advanced Flower Capital updates $5M buyback
Advanced Flower Capital Inc. (AFCG) provides an update on its common stock repurchase program authorized for up to $5.0 million of shares.
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Form Type
8-K
Rhea-AI Filing Summary
Advanced Flower Capital Inc. (AFCG) provides an update on its common stock repurchase program authorized for up to $5.0 million of shares. The company may, but is not obligated to, repurchase shares in the open market subject to its compliance policies under the Investment Company Act of 1940 and the trading safeguards in Rule 10b-18.
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. As of August 25, 2026, AFCG has repurchased 986,916 shares, and following these repurchases, common shares issued and outstanding total 22,541,928.
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 Size: $5.0 million
Shares Repurchased: 986,916 shares
Shares Issued and Outstanding: 22,541,928 shares
+2 more
5 metrics
Repurchase Program Size
$5.0 million
Maximum aggregate amount of common stock authorized for repurchase
Shares Repurchased
986,916 shares
Aggregate common shares repurchased under the program as of August 25, 2026
Shares Issued and Outstanding
22,541,928 shares
Common stock issued and outstanding after repurchases as of August 25, 2026
Program End Date
May 4, 2027
Latest date the repurchase program is expected to be in place, absent amendment or extension
Par Value
$0.01 per share
Par value of Advanced Flower Capital Inc. common stock
Key Terms
Repurchase Program, Regulation FD, Rule 10b-18, Investment Company Act of 1940, +2 more
6 terms
Repurchase Program financial
"has authorized a program for the purpose of repurchasing up to $5.0 million"
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.
Rule 10b-18 regulatory
"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.
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 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 Advanced Flower Capital Inc. (AFCG)'s stock repurchase authorization?
Advanced Flower Capital Inc. has a stock repurchase program authorizing the repurchase of up to $5.0 million of its common stock. Repurchases may be made in the open market, subject to the company’s compliance policies and Rule 10b-18 trading guidelines.
When does AFCG’s stock repurchase program expire?
The repurchase program is expected to be in place until the earlier of the time when $5.0 million of common stock has been repurchased or May 4, 2027, unless amended or extended by the board of directors.
Is AFCG obligated to repurchase the full $5.0 million of common stock?
No. Advanced Flower Capital Inc. may, but is not obligated to, repurchase its outstanding common stock under the program. Repurchases, if made, will follow the company’s compliance policies and Rule 10b-18 constraints.
Under what regulations does AFCG conduct its repurchase program?
Repurchases are subject to the company’s policies under Rule 38a-1 and other provisions of the Investment Company Act of 1940, a code of ethics under Rule 17j-1, and 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): August 25, 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 August 25, 2026, the Company has repurchased an aggregate of 986,916 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 22,541,928.
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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: August 26, 2026 | ||||||||
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