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

What Happened
Leonard M. Tannenbaum, reported as a 10% owner, purchased a total of 34,606 shares of Advanced Flower Capital Inc. (AFCG) in two open-market/private acquisitions. On 2026-08-26 he acquired 19,404 shares at an average price of $3.41 for $66,168; on 2026-08-27 he acquired 15,202 shares at an average price of $3.46 for $52,599. Total cost of the two transactions was approximately $118,767. These were purchases (code P), which retail investors often view as more informative than routine sales.

Key Details

• Transaction dates and prices:
  • 2026-08-26 — 19,404 shares at a weighted avg $3.41 (trades ranged $3.40–$3.41) — $66,168 (F1).
  • 2026-08-27 — 15,202 shares at a weighted avg $3.46 (trades ranged $3.43–$3.46) — $52,599 (F2).
• Total shares bought: 34,606; total value ≈ $118,767.
• Shares owned after the transaction: not specified in the filing.
• Footnotes of note:
  • F1/F2: Reported prices are weighted averages across multiple trades; reporting person will provide detailed trade-by-trade info on request.
  • F3: Reporting person disclaims beneficial ownership of the securities.
  • F4: The shares are held by the Tannenbaum Family Foundation (Reporting Person is President); he disclaims beneficial ownership except to the extent of pecuniary interest.
• Filing timeliness: Report filed 2026-08-28 for trades on 08/26 and 08/27; filing appears timely (no late-filing indication in the report).

Context
Because these shares are reported as held by the Tannenbaum Family Foundation and the reporter disclaims beneficial ownership except for pecuniary interest, this trade represents activity tied to a 10% owner/foundation rather than a routine executive sale. For retail investors, purchases by significant owners can be informative, but the filing’s disclaimers mean ownership and intent are limited to the foundation’s interest.