secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
CIK:        0001321741
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001321741-25-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Investment Q3 net investment income $0.03/sh, down 85% from prior Q; NAV $13.30
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- Net investment income $1.2M ($0.03/sh) vs $7.3M ($0.20/sh) in prior Q; adjusted NII $0.23/sh (4% decline).
- Total investment income $21.4M (down 5.3%); expenses rose 32% to $20.2M on incentive fee accruals.
- Invested $187M in three new companies: Pyrotek, Nielsen-Kellerman, Ricardo; portfolio at fair value $1.07B.
- NAV per share $13.30 (up 6.5% from $12.49) driven by $37.3M unrealized appreciation.
- Issued $126.5M of 7.875% Notes due 2030; subsequently amended credit facility to $250M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321741/000132174125000006/0001321741-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321741/000132174125000006/gain-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001321741-25-000006

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