secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
CIK:        0001321741
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001321741-24-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Investment Q4 NII $0.15/share, down 46% QoQ; fiscal year NII $0.63, down 43%
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- Q4 net investment income $5.3M ($0.15/share) vs $9.7M ($0.28) prior quarter, down 45.4%.
- Fiscal 2024 NII $21.8M ($0.63/share) vs $37.0M ($1.11) in 2023, fall of 41.1%.
- NAV per share $13.43 at Mar 31, 2024, up 3.2% from $13.01 at Dec 31, 2023 and 2.6% YoY.
- Quarterly distributions maintained at $0.08/month; supplemental $1.24 per share paid in FY2024.
- ATM program raised $18.9M in Q4 (1.34M shares at avg $14.41); credit facility upsized to $200M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321741/000132174124000010/0001321741-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321741/000132174124000010/gain-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001321741-24-000010

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