secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
CIK:        0001321741
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001321741-24-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Investment Q3 NII $0.28; NAV $13.01; realized gain $43.5M
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- Net investment income of $9.7M ($0.28/share) vs $(0.05)/share prior quarter; adjusted NII $0.26/share, up 8.3%.
- Realized gain of $43.5M from exit of Counsel Press; net unrealized depreciation of $46.6M drove NAV down 7.3% to $13.01.
- Total investment income $23.1M (+13.8% QoQ); cash distributions totaled $1.24/share ($0.43 NII + $0.81 realized gains).
- Invested $64.7M in SFEG Holdings add-on; raised $20.8M via ATM at $14.51/share; credit facility increased to $200M post-quarter.
- Stockholders approved new advisory agreement; voting trust established for David Gladstone succession.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321741/000132174124000006/0001321741-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321741/000132174124000006/gain-20240206.htm
  HTML page:      https://secwatch.observer/filing/0001321741-24-000006

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