---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-083373"
form_type: "8-K"
ticker: "GLAD"
cik: "0001143513"
company_name: "GLADSTONE CAPITAL CORP"
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:21:32.558702+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Gladstone Capital approves 1-for-2 reverse stock split effective April 5, 2024

## Summary
- Reverse split ratio 1-for-2; outstanding shares reduced from ~43.5M to ~21.8M.
- Effective at 4:00 p.m. ET on April 4, 2024; trading split-adjusted on Nasdaq from April 5.
- Authorized common shares unchanged at 44.0M; preferred stock not affected.
- Monthly distributions per share adjust commensurately with split ratio.
- New CUSIP number 376535878; fractional shares cashed out by transfer agent.

## SEC filing metadata
- accession: 0001193125-24-083373
- form_type: 8-K
- ticker: GLAD
- cik: 0001143513
- company_name: GLADSTONE CAPITAL CORP
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1143513/000119312524083373/0001193125-24-083373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1143513/000119312524083373/d817536d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-083373
- JSON: https://secwatch.observer/filing/0001193125-24-083373.json
- Plain text: https://secwatch.observer/filing/0001193125-24-083373.txt

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