secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE CAPITAL CORP (GLAD)
CIK:        0001143513
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001193125-25-284668
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Capital Q4 NII $0.52/share; FY25 dividend up 25% to $2.48; NAV $21.34
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- Q4 total investment income $23.9M, up 10.5% QoQ; NII $11.4M ($0.52/share).
- FY25 NII $45.2M ($2.02/share); cash distributions $2.48/share, up 25.3% YoY.
- Invested $126.6M in quarter; issued $149.5M 5.875% Convertible Notes due 2030.
- Subsequent: redeemed $207M of notes (7.75% due 2028, 5.125% due 2026) in Oct 2025.
- NAV per share $21.34 at Sept 30, 2025; declared $0.45/quarter common dividend for Q1 FY2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1143513/000119312525284668/0001193125-25-284668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1143513/000119312525284668/d10148d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-284668

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