---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-012200"
form_type: "8-K"
ticker: "GLAD"
cik: "0001143513"
company_name: "GLADSTONE CAPITAL CORP"
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T10:24:47.896168+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Gladstone Capital enters new advisory agreement with same adviser after change of control

## Summary
- New advisory agreement effective Jan 24, 2025, with Gladstone Management Corp; terms unchanged from prior agreement.
- Agreement follows change of control of adviser due to previously disclosed voting trust arrangement.
- Fee structure unchanged: 1.75% annual base management fee on gross assets plus incentive fee with 7% hurdle.
- Stockholders approved the new agreement at Jan 24, 2024 meeting.
- No changes to services or compensation; only date and term differ from April 2022 agreement.

## SEC filing metadata
- accession: 0001193125-25-012200
- form_type: 8-K
- ticker: GLAD
- cik: 0001143513
- company_name: GLADSTONE CAPITAL CORP
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1143513/000119312525012200/0001193125-25-012200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1143513/000119312525012200/d223900d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-012200
- JSON: https://secwatch.observer/filing/0001193125-25-012200.json
- Plain text: https://secwatch.observer/filing/0001193125-25-012200.txt

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