Other Information
−Removed: During the fiscal quarter ended September 30, 2025, none of the directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.”
+Added: During the fiscal quarter ended March 31, 2026, none of the directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.”
Description of Exhibits
−Removed: Separation and Distribution Agreement, dated as of July 8, 2024, by and between Advanced Flower Capital Inc.
−Removed: (formerly known as AFC Gamma, Inc.) and Sunrise Realty Trust, Inc.
−Removed: (filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K on July 8, 2024 and incorporated herein by reference).
Articles of Amendment and Restatement of Advanced Flower Capital Inc.
4 unchanged sentences
(formerly known as AFC Gamma, Inc.) (filed as Exhibit 3.2 to the Company’s Current Report on Form 8-K on October 22, 2024 and incorporated herein by reference).
+Added: Third Amended and Restated Bylaws of Advanced Flower Capital Inc., dated December 31, 2025 (filed as Exhibit 3.2 to the Company’s Current Report on Form 8-K on January 5, 2026 and incorporated herein by reference).
Indenture, dated as of November 3, 2021, by and between Advanced Flower Capital Inc.
3 unchanged sentences
and AFC Management, LLC.
−Removed: List of Subsidiaries of the Registrant
+Added: Amendment Number Six to Loan and Security Agreement, dated January 13, 2026, by and among Advanced Flower Capital Inc.
+Added: (f/k/a AFC Gamma, Inc.), as Borrower, and the lenders that are party thereto (filed as Exhibit 10.9F to the Company’s Current Report on Form 8-K on January 15, 2026 and incorporated herein by reference).
+Added: Amendment Number Seven to the Loan and Security Agreement, dated as of March 9, 2026, by and among the Company, as borrower, the lenders party thereto, and the lead arranger, bookrunner and administrative agent party thereto.
+Added: Amendment Number Eight to the Loan and Security Agreement, dated as of March 27, 2026, by and among the Company, as borrower, the lenders party thereto, and the lead arranger, bookrunner and administrative agent party thereto (filed as Exhibit 10.9H to the Company’s Current Report on Form 8-K on March 30, 2026 and incorporated by reference herein).
+Added: Unsecured Revolving Credit Agreement, dated as of January 27, 2026, by and between the Company, as borrower, and TCGSL LLC, as lender and agent thereto (filed as Exhibit 10.12 to the Company’s Current Report on Form 8-K on January 29, 2026 and incorporated by herein by reference).
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
11 unchanged sentences
** Furnished herewith
+Added: † The registrant has omitted portions of the referenced exhibit pursuant to Item 601(b) of Regulation S-K because such portions are both (i) not material and (ii) the type of information that the registrant customarily and actually treats as private and confidential.
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 thereunto duly authorized.
−Removed: November 12, 2025
ADVANCED FLOWER CAPITAL INC.
3 unchanged sentences
(Principal Executive Officer)
−Removed: /s/ Brandon Hetzel
−Removed: Brandon Hetzel
−Removed: Chief Financial Officer and Treasurer
−Removed: (Principal Financial Officer and Principal Accounting Officer)
+Added: /s/ Peter Sattelmair
+Added: Peter Sattelmair
+Added: Assistant Treasurer
+Added: (Principal Financial Officer)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.