Advanced Flower Capital (AFCG) 10% Owner Leonard Tannenbaum Buys Shares

What Happened
Leonard M. Tannenbaum, identified as a 10% owner, purchased 12,841 shares of Advanced Flower Capital Inc. in open-market transactions on August 19, 2026. The reported weighted-average purchase price was $3.48 per share, for an aggregate reported value of $44,687. This was a purchase (code P), which is typically seen as a more informative action than routine sales.

Key Details

• Transaction date: 2026-08-19 (filed on same date).
• Transaction type/code: Open market purchase (P).
• Shares acquired: 12,841 shares.
• Price reported: weighted average $3.48 per share (actual trades ranged $3.48–$3.50; Reporting Person offers to provide trade-level details on request).
• Total value reported: $44,687.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Price is a weighted average of multiple trades ($3.48–$3.50); detailed trade info available on request.
  • F2: Reporting person disclaims beneficial ownership of these securities for purposes of Section 16 and otherwise.
  • F3: Shares are held by the Tannenbaum Family Foundation (Reporting Person is President); Reporting Person disclaims beneficial ownership except to extent of pecuniary interest.
• Timeliness: Filing date equals transaction date (no late filing indicated).

Context
Because the shares are held by the Tannenbaum Family Foundation and the Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest, this filing reflects foundation-held purchases by a 10% owner rather than direct, discretionary executive trading. The purchase size and dollar value are modest, and the filing provides transparency on the insider-related entity acquiring shares.