Advanced Flower Capital (AFCG) filed a registration statement Thursday for the potential sale of securities of up to $1 billion from time to time in one or more offerings.
The filing covers common stock, preferred stock, depositary shares, warrants and subscription rights, according to the filing.
The company plans to invest the proceeds in interest-bearing, short-term investments, until specified at the time of offerings.
Shares of Advanced Flower Capital were up more than 4% in after-hours trading.
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