secwatch.observer — SEC 8-K summary
======================================

Issuer:     GLADSTONE CAPITAL CORP (GLAD)
CIK:        0001143513
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0001193125-25-012200
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1143513/000119312525012200/0001193125-25-012200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1143513/000119312525012200/d223900d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-012200

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer