Advanced Flower Capital (AFCG): Leonard M. Tannenbaum disclosed a 32.6% stake in AFCG and may seek to influence the company 32.6%

32.6%

Stake

7.31M

Shares owned

Stake as of

Nov 6, 2026

Filed

Nov 9, 2026

The story around this disclosure

Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.

1. Sep 10, 2026InsiderDirector purchased ~$121K of AFCG shares in the open market
2. Sep 11, 2026InsiderDirector purchased ~$53K of AFCG shares in the open market
3. Sep 14, 2026InsiderDirector purchased ~$88K of AFCG shares in the open market
4. Sep 15, 2026InsiderDirector purchased ~$2.1K of AFCG shares in the open market
5. Sep 16, 2026InsiderDirector purchased ~$8K of AFCG shares in the open market
6. Sep 17, 2026InsiderDirector purchased ~$88K of AFCG shares in the open market
7. Sep 18, 2026InsiderDirector purchased ~$35K of AFCG shares in the open market
8. Sep 22, 2026InsiderDirector purchased ~$81K of AFCG shares in the open market
9. Sep 23, 2026InsiderDirector purchased ~$12K of AFCG shares in the open market
10. Sep 24, 2026InsiderDirector purchased ~$70K of AFCG shares in the open market
11. Sep 25, 2026Company filing · Form 8-K · Material agreement, New debtSigned an important agreement, and took on new debt or obligations
12. Sep 25, 2026InsiderDirector purchased ~$18K of AFCG shares in the open market
13. Sep 28, 2026Insider · Bought outside the usual windowDirector purchased ~$38K of AFCG shares in the open market
14. Sep 29, 2026Insider · Bought outside the usual windowDirector purchased ~$144K of AFCG shares in the open market
15. Sep 30, 2026Insider · Bought outside the usual windowDirector purchased ~$162K of AFCG shares in the open market
16. Nov 5, 2026Company filing · Form 8-K · ResultsReported its results
17. Nov 6, 2026Insider · 3 peopleInsiders: 3 purchases (~$92K)

What came next

1. Nov 9, 20265% stakeLeonard M. Tannenbaum filed an activist stake (13D) of 32.6%
2. Nov 9, 2026Insider · 3 insiders in a week, 6th time since 2021Director purchased ~$29K of AFCG shares in the open market
3. Nov 10, 2026Insider · 3 insiders in a week, 6th time since 2021Director purchased ~$69K of AFCG shares in the open market
4. Nov 11, 2026Insider · 3 insiders in a week, 6th time since 2021Director purchased ~$3.1K of AFCG shares in the open market
5. Nov 13, 20265% stakeCDC Financial, Inc. reported a passive stake (13G) of 7.8%

How to read SEC Schedule 13D

A Schedule 13D and a Schedule 13G both disclose beneficial ownership of more than 5% of a US company's voting shares. A 13D is the long form, filed by holders who may seek to influence or control the company, and it must state what they intend to do. A 13G is the short form, open only to passive holders and to certain institutions holding in the ordinary course of business, and it asks no question about intent.

Full guide: Schedule 13D vs Schedule 13G: what is the difference?

What else is on file for Advanced Flower Capital

For Advanced Flower Capital, OQRO holds 33 insider filings (SEC Form 4 or Form 144) and 1 fund holdings report (13F) dated in the last 90 days.

These are records OQRO holds, counted by their date, not a measure of how much trading took place. Routine paperwork such as option exercises and tax withholding is left out. Everything for the company is on its AFCG page.

How this filing works

• Schedule 13D vs 13G

Other disclosures at Advanced Flower Capital

• SEC Form 4Nov 12, 2026
• SEC Form 4Nov 12, 2026
• SEC Form 4Nov 12, 2026
• SEC Form 4Nov 9, 2026
• SEC Form 4Nov 9, 2026
• SEC Form 4Nov 9, 2026

Everything OQRO holds on this company is on its AFCG page.