AFC GAMMA, INC.

(AFCG)
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Delayed Nasdaq  -  05/24 04:00:00 pm EDT
17.49 USD   +1.16%
05/20AFC GAMMA, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/16Compass Point Adjusts AFC Gamma's Price Target to $17.50 from $20, Keeps Neutral Rating
MT
05/13INSIDER BUY : Afc Gamma
MT
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AFC GAMMA, INC. : Other Events (form 8-K)

01/19/2022 | 04:08pm EDT

ITEM 8.01 Other Events.

Pursuant to the terms of the underwriting agreement, dated as of January 5, 2022, by and among AFC Gamma, Inc. (the "Company"), AFC Management, LLC, and Jefferies LLC and Cowen and Company, LLC for themselves and as representatives of the underwriters named in Schedule A thereto (collectively, the "Underwriters"), the Underwriters were granted an over-allotment option to purchase up to an additional 450,000 shares of the Company's common stock (the "Optional Shares") in connection with the Company's previously announced public offering of 3,000,000 shares of common stock. On January 14, 2022, the Underwriters partially exercised such option with respect to 291,832 Optional Shares. The Company completed the sale of the Optional Shares on January 19, 2022.

After giving effect to the partial exercise of the over-allotment option, the total number of shares sold by the Company in the public offering was 3,291,832 shares and total gross proceeds, before deducting underwriting discounts and commissions, a structuring fee and other offering expenses payable by the Company, were approximately $67.5 million.

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All news about AFC GAMMA, INC.
05/20AFC GAMMA, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/16Compass Point Adjusts AFC Gamma's Price Target to $17.50 from $20, Keeps Neutral Rating
MT
05/13INSIDER BUY : Afc Gamma
MT
05/13INSIDER BUY : Afc Gamma
MT
05/13INSIDER BUY : Afc Gamma
MT
05/11JMP Securities Lowers AFC Gamma's Price Target to $25 From $29, Maintains Market Outper..
MT
05/10TRANSCRIPT : AFC Gamma, Inc., Q1 2022 Earnings Call, May 10, 2022
CI
05/10AFC Gamma, Inc. Announces Financial Results for First Quarter 2022
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05/10FALSE12-312022Q100018225232027-05-01 : CommonStockMember2021-12-310001822523us-gaap:Additi..
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05/10AFC Gamma, Inc. Announces Financial Results for First Quarter 2022
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Analyst Recommendations on AFC GAMMA, INC.
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Financials (USD)
Sales 2022 75,8 M - -
Net income 2022 46,7 M - -
Net Debt 2022 - - -
P/E ratio 2022 7,58x
Yield 2022 13,4%
Capitalization 345 M 345 M -
Capi. / Sales 2022 4,56x
Capi. / Sales 2023 3,47x
Nbr of Employees -
Free-Float 79,4%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 7
Last Close Price 17,49 $
Average target price 24,58 $
Spread / Average Target 40,5%
EPS Revisions
Managers and Directors
Leonard Mark Tannenbaum Chairman & Chief Executive Officer
Brett H. Kaufman Chief Financial Officer & Treasurer
James Castro-Blanco Secretary & Chief Compliance Officer
Tomer J. Tzur Independent Director
Alexander Charles Frank Independent Director
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