$AFCG·8-K

Advanced Flower Capital Inc. · Mar 30, 5:57 PM ET

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Advanced Flower Capital Inc. 8-K

Research Summary

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Updated

Advanced Flower Capital Amends Loan Agreement; Revolver Raised to $106M

What Happened
Advanced Flower Capital Inc. filed a Form 8-K (March 30, 2026) disclosing Amendment Number Eight to its Loan and Security Agreement (the “Eighth Amendment”), effective March 27, 2026. The amendment increases the aggregate revolving commitments under the credit facility from $50 million to $106 million during a specified temporary period, and includes a permanent increase portion.

Key Details

  • The aggregate revolver commitments are increased by $56 million from $50 million to $106 million, consisting of:
    • $30 million permanent increase, and
    • $26 million temporary increase effective March 27, 2026 through April 10, 2026 (the “Temporary Increase Period”).
  • Upon expiration of the Temporary Increase Period (after April 10, 2026), the aggregate revolving commitments and maximum revolver amount will automatically reduce to $80 million.
  • The Eighth Amendment is filed as Exhibit 10.9H to the 8-K.

Why It Matters
This amendment changes the company’s borrowing capacity and short-term liquidity profile by temporarily and permanently increasing its available revolver. Investors should note the timing and automatic step-down to $80 million after the temporary period, which affects the company’s maximum available credit going forward.

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