other material
confidence high
sentiment neutral
materiality 0.35
Gladstone Capital completes 1-for-2 reverse stock split effective April 4, 2024
GLADSTONE CAPITAL CORP
- Every two shares of common stock combined into one share; par value unchanged at $0.001.
- Reverse split effective for trading on Nasdaq at market open April 5, 2024.
- Fractional shares will be aggregated and sold, with cash proceeds distributed pro rata.
- Number of authorized shares unchanged; Series A Preferred Stock not affected.
- Articles of Amendment filed with Maryland Department of Assessments and Taxation.