IPO - Profile

AFC Gamma, Inc.

Finance > Real Estate

AFCG

Summary

We are a commercial real estate finance company founded in July 2020 by a veteran team of investment professionals. We originate, structure, underwrite and manage senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult use cannabis. As states continue to legalize cannabis for medical and adult use, an increasing number of companies operating in the cannabis industry need financing. Due to the capital constrained cannabis market which does not typically have access to traditional bank financing, we believe More

Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$19.00 6,250,000 Positive High 22.23%

Offering Team

  • Legal counsel
  • Venable LLP
  • Auditors
  • CohnReznick LLP

Deal Highlights

Deal Tracker

IPO Dates

Filing 18 Mar, 2021

Offer 19 Mar, 2021

Look Ahead

Lock Up Expiry Sep 19, 2021

IPO Terms

Offer Price $19.00
Offer Size 6M

Market Sentiments

Stock Price