secwatch.observer — SEC 8-K summary
======================================

Issuer:     GLADSTONE LAND Corp (LAND)
CIK:        0001495240
Form:       8-K
Filed at:   2023-12-18T23:59:59+00:00
Accession:  0001193125-23-297630
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Land extends revolving credit facility maturity to Dec 2033; net worth covenant raised to $400M
--------------------------------------------------------------------------------

- Maturity extended from April 5, 2024 to December 15, 2033.
- Consolidated net worth covenant increased to $400 million.
- Aggregate fees of approximately $187,500 paid to MetLife.
- No other material changes to existing credit facility terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495240/000119312523297630/0001193125-23-297630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495240/000119312523297630/d610433d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-297630

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer