secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
CIK:        0001321741
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001321741-23-000015
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Investment Q4 NII up 12.5% to $0.29/sh; FY NII $1.11/sh, NAV $13.09
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- Q4 net investment income $9.6M ($0.29/sh), up from $8.6M ($0.26/sh) in Q3; FY NII $37.0M ($1.11/sh), up 147% YoY.
- NAV per share $13.09 as of March 31, 2023, down from $13.43 at December 31, 2022 and March 31, 2022.
- FY total investment income $81.5M, up 12.4% YoY, driven by higher dividend and success fee income.
- FY cash distributions $1.41 per common share from NII ($0.92) and realized gains ($0.49); declared $0.36/sh for June quarter.
- Invested $133.8M in FY, including $60.1M in one new portfolio company; exited two companies with $4.1M success fees and $4.7M gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321741/000132174123000015/0001321741-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321741/000132174123000015/gain-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001321741-23-000015

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