AFC Gamma Announces Changes to Composition of Board of Directors Following Planned Spin-Off of Commercial Real Estate Portfolio
AFC Gamma, Inc. (AFCG)
Company Research
Source: GlobeNewswire
WEST PALM BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ: AFCG) (“AFC Gamma”) today announced the anticipated composition of the Boards of Directors for each of AFC Gamma and Sunrise Realty Trust, Inc. (“SUNS”) following the spin-off of AFC Gamma’s commercial real estate portfolio, which is currently held in its wholly-owned subsidiary, SUNS (the “Spin-Off”). The Spin-Off is expected to be completed in mid-2024, at which time SUNS will operate as a separate company that intends to elect REIT status and trade on the Nasdaq exchange. Jodi Hanson Bond and Jim Fagan have resigned from the AFC Gamma Board of Directors, effective upon completion of the Spin-Off, and we anticipate that they will then be appointed to the SUNS Board of Directors at such time. Additionally, we anticipate that Alexander Frank will also be appointed to the SUNS Board of Directors at such time, however he will remain a member of the AFC Gamma Board of Directors. Post spin-off, we ant
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 AFC Gamma, Inc. news events
Weekly update
A roundup of the hottest topics
AFCG
News
- AFC Gamma Announces Second Quarter 2024 Dividend [Yahoo! Finance]Yahoo! Finance
- AFC Gamma Announces Second Quarter 2024 DividendGlobeNewswire
- Co-Founder & Executive Chairman of AFC Gamma Leonard Tannenbaum Buys 1.6% More Shares [Yahoo! Finance]Yahoo! Finance
- AFC Gamma Successfully Exits $84.0 Million Loan to Subsidiary of Public Company H [Yahoo! Finance]Yahoo! Finance
- AFC Gamma Successfully Exits $84.0 Million Loan to Subsidiary of Public Company HGlobeNewswire
AFCG
Earnings
- 5/9/24 - Beat
AFCG
Sec Filings
- 6/6/24 - Form 4
- 5/23/24 - Form 8-K
- 5/20/24 - Form 8-K
- AFCG's page on the SEC website