Advanced Flower Capital Inc. reported second quarter 2026 financial results, posting GAAP net investment income of $3.5 million, or $0.15 per weighted average share. Net asset value increased to $8.25 per share from $7.90 at the end of March 2026. The company funded $17.2 million in new investments and repurchased 839,406 shares for approximately $2.8 million under its authorized program. A regular cash distribution of $0.05 per share was paid on July 15, 2026, to shareholders of record as of June 30, 2026. Advanced Flower Capital Inc. is a publicly traded business development company that provides flexible credit solutions to lower middle-market companies.

Advanced Flower Capital Inc. entered into the Ninth Amendment to its Loan and Security Agreement on June 26, 2026, which increased the aggregate revolver commitments under the facility to $110 million, including a $30 million temporary increase. Upon expiration of the Temporary Increase Period, the revolving commitments and maximum revolver amount will automatically be reduced to $80 million. Advanced Flower Capital Inc. is a business development company operating in the financial services industry.

The Board of Directors authorized a share repurchase program to buy back up to $5.0 million of common stock at prices of $3.50 per share or less. The program is expected to remain in effect until $5.0 million is spent or until May 4, 2027. As of June 17, 2026, the company has repurchased 719,780 shares, leaving 22,809,064 shares of common stock outstanding. Advanced Flower Capital Inc. operates in the cannabis industry as a closed-end management investment company.