Advanced Flower Capital Inc. Director Buys 330,127 Shares at $4.81 and 144,399 Shares at $4.57

Advanced Flower Capital Inc. has disclosed that Director and 10% Owner Leonard M. Tannenbaum has acquired 330,127 shares at $4.81 per share on August 27, 2025, and 144,399 shares at $4.57 per share on August 28, 2025.

Advanced Flower Capital Inc. (NASDAQ: AFCG) has disclosed that Director and 10% Owner Leonard M. Tannenbaum has acquired a significant number of shares in the company. On August 27 and 28, 2025, Tannenbaum purchased 330,127 shares at $4.81 per share on August 27 and 144,399 shares at $4.57 per share on August 28, totaling $2,247,814. Following these transactions, Tannenbaum directly owns 4,809,549 shares and indirectly owns 308,067 shares through his spouse and the Tannenbaum Family Foundation [1].

The weighted average price per share was $4.81 on August 27 and $4.57 on August 28. This acquisition comes amidst the company's recent market cap gain, which was driven by retail investors holding a significant 53% stake in the company. Retail investors have the power to influence management and governance-related decisions, as they possess the maximum shares in the company [2].

Advanced Flower Capital's institutional ownership is also notable, with institutions owning a respectable 28% stake in the company. This suggests some credibility amongst professional investors. However, institutions can sometimes make bad investments, as seen in the past with significant share price drops [2].

Insider ownership is also a positive sign for Advanced Flower Capital, with insiders owning US$22m worth of shares in the US$114m company. This shows alignment with shareholders, but it is worth noting that the company is still quite small, and some insiders may have founded the business [2].

Overall, Tannenbaum's acquisition of shares in Advanced Flower Capital Inc. demonstrates his confidence in the company's future prospects. However, investors should remain cautious and consider other factors, such as analyst sentiments and potential warning signs, when making investment decisions [2].

References:
[1] https://www.tradingview.com/news/tradingview:d18cd7f7ffb3d:0-advanced-flower-capital-director-leonard-m-tannenbaum-buys-474-526-shares/
[2] https://finance.yahoo.com/news/advanced-flower-capital-inc-nasdaq-102104805.html