AFC Gamma, Inc. announced that it priced an offering (the ?Offering?) of $100 million aggregate principal amount of 5.750% Senior Notes due 2027 (the ?Notes?) to qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act of 1933, as amended (the ?Securities Act?). The Notes mature on May 1, 2027. Interest on the Notes is payable semi-annually in arrears on May 1 and November 1 of each year, with the first payment on May 1, 2022. The offering is expected to close on November 3, 2021, subject to customary closing conditions. The Notes will be AFC Gamma?s general unsecured and unsubordinated obligations, will be fully and unconditionally guaranteed by each of AFC Gamma's existing and future subsidiaries other than certain immaterial subsidiaries, and will rank equally in right of payment with all of AFC Gamma?s existing and future senior unsecured indebtedness and senior in right of payment to any of AFC Gamma?s subordinated indebtedness. The Notes will not be guaranteed by AFC Gamma's subsidiary on the issue date of the Notes.