secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE CAPITAL CORP (GLAD)
CIK:        0001143513
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001193125-23-276062
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Capital reports Q4 NII $0.28/sh, FY NII up 27% to $1.10/sh, NAV grows 3.4%
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- Q4 total investment income $23.8M (+4.1% QoQ); net investment income $11.0M ($0.28/sh) covering $0.2675 distribution by 105%.
- FY 2023 total investment income $86.4M (+36.9% YoY), net investment income $41.0M ($1.10/sh, +27.1% YoY).
- Net asset value per share $9.39, up 3.4% from $9.08 a year ago; weighted average yield 13.3% (vs 10.4% prior).
- Issued 4.9M shares via ATM at $10.01/sh ($48.3M net); completed $57M 7.75% notes offering due 2028.
- Subsequent: invested $11M in Quality Environmental first lien debt/preferred equity; declared Q1 distributions $0.2475/common share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1143513/000119312523276062/0001193125-23-276062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1143513/000119312523276062/d311097d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-276062

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