Gladstone Investment enters into $75M common stock ATM offering program

GLADSTONE INVESTMENT CORPORATION\DE

Entered sales agreements with Oppenheimer, B. Riley, and Virtu Americas as sales agents.
Up to $75 million of common stock may be sold from time to time at market prices.
Commission of up to 2.0% of gross sales price per share to sales agents.
Shares offered under existing effective shelf registration statement (File No. 333-277452).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GLADSTONE INVESTMENT CORPORATION\DE entered into Sales Agreements with Gladstone Management Corporation, Gladstone Administration, LLC, and Oppenheimer & Co. Inc., B. Riley Securities, Inc., Virtu Americas LLC valued at $75 million (effective 2024-05-14).

Action: entry
Agreement: atm program
Counterparty: Gladstone Management Corporation, Gladstone Administration, LLC, and Oppenheimer & Co. Inc., B. Riley Securities, Inc., Virtu Americas LLC
Value: $75 million
Effective: 2024-05-14

Exact text from the filing

Gladstone Investment Corporation (the “Company”) entered into separate sales agreements, each dated May 14, 2024 (collectively, the “Sales Agreements”), with Gladstone Management Corporation, Gladstone Administration, LLC, and Oppenheimer & Co. Inc. B. Riley Securities, Inc. and Virtu Americas LLC (each, a “Sales Agent” and, collectively, the “Sales Agents”), providing for the issuance of up to an aggregate of $75 million of its common stock

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Source: SEC EDGAR

accession 0001193125-24-138399

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