---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-159039"
form_type: "8-K"
ticker: "GLAD"
cik: "0001143513"
company_name: "GLADSTONE CAPITAL CORP"
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T08:59:33.215153+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gladstone Capital files to offer up to 6M shares of 6.25% Series A Preferred Stock at $25.00 per share

## Summary
- Offering up to 6,000,000 shares of 6.25% Series A Preferred Stock at $25.00 liquidation preference per share.
- Dividends cumulative at 6.25% per annum ($1.5625/year per share), payable monthly in arrears.
- Dealer manager fees: 7.0% selling commissions and 3.0% dealer manager fee on gross proceeds.
- Company cannot redeem shares before earlier of one-year after termination date or Jan 1, 2027.
- Quarterly repurchase up to 5% of outstanding; early redemption discount: 10% (<1 yr), 6% (1-2 yrs), 3% (2-3 yrs).

## SEC filing metadata
- accession: 0001193125-23-159039
- form_type: 8-K
- ticker: GLAD
- cik: 0001143513
- company_name: GLADSTONE CAPITAL CORP
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1143513/000119312523159039/0001193125-23-159039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1143513/000119312523159039/d476540d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-159039
- JSON: https://secwatch.observer/filing/0001193125-23-159039.json
- Plain text: https://secwatch.observer/filing/0001193125-23-159039.txt

## Key facts
- Material Agreements
  GLADSTONE CAPITAL CORP entered into Dealer Manager Agreement with Gladstone Securities, LLC (effective 2023-05-31).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Gladstone Securities, LLC
  - Effective: 2023-05-31
  source text: On May 31, 2023, Gladstone Capital Corporation, a Maryland corporation (the “Company”), entered into a dealer manager agreement (the “Dealer Manager Agreement”), with Gladstone Securities, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1143513/000119312523159039/0001193125-23-159039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.