secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
CIK:        0001321741
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001321741-25-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Investment Q2 NII $0.11, adj NII $0.24; realized loss $29.9M on J.R. Hobbs
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- Net investment income $4.3M ($0.11/share) vs $9.1M ($0.25) prior quarter; $4.9M capital gains incentive fee accrued.
- Adjusted net investment income $9.2M ($0.24/share), flat sequentially.
- Total investment income $25.3M (+7.4% QoQ); net realized loss $29.9M from J.R. Hobbs restructuring.
- Net asset value $13.53/share (+4.2% from $12.99) driven by $54.4M net unrealized appreciation.
- Oct-Dec 2025 monthly distributions declared at $0.08/share; raised $31.1M via ATM at $14.10/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321741/000132174125000023/0001321741-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321741/000132174125000023/gain-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001321741-25-000023

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