Other Information
−Removed: On March 6, 2023, we entered into an amendment to our Management Agreement between us and our Manager (the “Management Agreement Amendment”).
−Removed: Our Manager is a wholly-owned subsidiary of an entity that is over 70%, 10% and 5% beneficially owned by Leonard M.
−Removed: Tannenbaum, our Chief Executive Officer and Chairman of the Board, Robyn Tannenbaum, our President, and Jonathan Kalikow, our Head of Real Estate and one of our directors, respectively.
−Removed: Pursuant to the Management Agreement Amendment, the Management Agreement was amended to update the investment guidelines to allow for investments in second lien loans secured by mortgages to businesses that are not related to the cannabis industry.
−Removed: In addition, the definition of the Investment Committee was amended to allow independent contractors to serve on the Investment Committee and to allow for a majority vote for any action taken by the Investment Committee at any time that the Investment Committee is comprised of at least four members.
−Removed: A copy of the Management Agreement Amendment is filed as Exhibit 10.1C to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and incorporated herein by reference.
Description of Exhibits
29 unchanged sentences
Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
+Added: August 8, 2023
AFC GAMMA, INC.
7 unchanged sentences
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.