Advanced Flower Capital Inc. Announces $5.0M Share Repurchase Program

What Happened
Advanced Flower Capital Inc. filed an 8-K (Item 7.01, Regulation FD Disclosure) announcing a board‑authorized program to repurchase up to $5.0 million of its common stock. The company may buy shares in the open market, subject to compliance with the Investment Company Act of 1940 rules, its code of ethics, and Rule 10b-18 trading guidelines. The program is expected to remain in effect until the earlier of $5.0 million in repurchases or May 4, 2027.

Key Details

• Authorized repurchase amount: up to $5.0 million of common stock.
• Program window: until $5.0M repurchased or May 4, 2027, unless amended by the board.
• Compliance: repurchases subject to Rule 38a-1, Rule 17j-1 requirements under the 1940 Act and Rule 10b-18 trading constraints.
• Activity to date: as of September 14, 2026 the company repurchased 1,060,089 shares; total shares outstanding after those repurchases: 22,468,755.
• Filing signed by Brandon Hetzel, Chief Financial Officer and Treasurer, dated September 15, 2026.

Why It Matters
A board‑authorized buyback gives the company flexibility to reduce shares outstanding, which can affect per‑share metrics such as earnings per share and ownership percentages. The program does not obligate the company to repurchase any specific amount and is constrained by regulatory trading rules and the company’s internal compliance policies. Investors should note the current repurchase progress (1,060,089 shares) and the remaining authorization up to the $5.0M cap.