secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE CAPITAL CORP (GLAD)
CIK:        0001143513
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001193125-24-083373
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1143513/000119312524083373/0001193125-24-083373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1143513/000119312524083373/d817536d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-083373

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