AFC Gamma Provides Story of Maryland with $41 Million Senior Secured Credit Facility
Advanced Flower Capital Inc. (AFCG)
Company Research
Source: GlobeNewswire
WEST PALM BEACH, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it has committed and funded $41 million to a senior secured credit facility to Story of Maryland, LLC (“Story MD”), a leading, vertically integrated operator in Maryland. Story MD intends to use the proceeds from the credit facility to refinance existing debt and provide working capital. “One of my top priorities since joining AFC has been to reinvigorate our origination engine, and I’m thrilled to announce that with this transaction, we have exceeded our 2024 goal of $100 million in new originations. This is our second transaction with Story Cannabis, a leading private multi-state operator and a great example of the Cannabis 3.0 lending opportunities that we are excited to finance. This is a proven team that knows how to scale and operate in cannabis, and we couldn’t be more excited to support their continued growth,” said Daniel Neville,
Show less
Read more
Impact Snapshot
Event Time:
AFCG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AFCG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AFCG alerts
High impacting Advanced Flower Capital Inc. news events
Weekly update
A roundup of the hottest topics
AFCG
News
- AFC Gamma, Inc. (NASDAQ: AFCG) is now covered by analysts at Alliance Global Partners. They set a "buy" rating and a $13.00 price target on the stock.MarketBeat
- Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024GlobeNewswire
- Seeking up to 14% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy [Yahoo! Finance]Yahoo! Finance
- Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024GlobeNewswire
- AFC Gamma Inc. (AFCG) Expected to Beat Earnings Estimates: Should You Buy? [Yahoo! Finance]Yahoo! Finance
AFCG
Earnings
- 11/13/24 - Beat
AFCG
Sec Filings
- 12/23/24 - Form 4
- 12/17/24 - Form 8-K
- 11/13/24 - Form 8-K
- AFCG's page on the SEC website