Gladstone Investment Files 8-K on Shareholder Vote Submission

TL;DR

**GAIN just filed an 8-K about a shareholder vote, signaling potential big corporate moves.**

AI Summary

Gladstone Investment Corporation (GAIN) filed an 8-K on January 5, 2024, reporting that it submitted matters to a vote of security holders on January 4, 2024. This filing indicates that the company is engaging with its shareholders on important decisions, which could include approvals related to its common stock, 5.00% Notes due 2026, 4.875% Notes due 2028, or 8.00% Notes due 2028. For investors, this matters because shareholder votes often relate to significant corporate actions like mergers, new debt issuances, or changes in governance, which can directly impact the stock's value and future dividends.

Why It Matters

Shareholder votes are crucial as they can approve or reject significant corporate actions, directly influencing the company's strategic direction and financial health, which in turn affects stock performance.

Risk Assessment

Risk Level: low — This filing is purely procedural, reporting a submission to a vote, and does not disclose the outcome or specific details of the vote, thus posing minimal immediate risk.

Analyst Insight

Investors should monitor subsequent filings from Gladstone Investment Corporation for details on the matters submitted to the shareholder vote and the outcomes, as these will provide clarity on potential strategic shifts or financial decisions.

Key Numbers

• $0.001 — par value per share (of the Common Stock of Gladstone Investment Corporation)
• 5.00% — interest rate (of the Notes due 2026)
• 4.875% — interest rate (of the Notes due 2028)
• 8.00% — interest rate (of the Notes due 2028)

Key Players & Entities

• Gladstone Investment Corporation (company) — the registrant filing the 8-K
• GAIN (company) — the trading symbol for Gladstone Investment Corporation
• January 5, 2024 (date) — the filing date of the 8-K
• January 4, 2024 (date) — the date of the earliest event reported
• The Nasdaq Stock Market LLC (company) — the exchange where GAIN's common stock is registered

Forward-Looking Statements

• Gladstone Investment Corporation will disclose the specific matters voted upon and the results of the shareholder vote. (Gladstone Investment Corporation) — high confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.001 — nge on Which Registered Common Stock, $0.001 par value per share GAIN The Nasdaq

Filing Documents

• d706956d8k.htm (8-K) — 32KB
• 0001193125-24-003368.txt ( ) — 199KB
• gain-20240104.xsd (EX-101.SCH) — 4KB
• gain-20240104_def.xml (EX-101.DEF) — 14KB
• gain-20240104_lab.xml (EX-101.LAB) — 23KB
• gain-20240104_pre.xml (EX-101.PRE) — 15KB
• d706956d8k_htm.xml (XML) — 7KB

07

Item 5.07. Submission of Matters to a Vote of Security Holders. On January 4, 2024, Gladstone Investment Corporation (the "Company") reconvened its Special Meeting of Stockholders (the "Special Meeting") that was adjourned on December 11, 2023. The Company's stockholders voted and approved the proposal presented at the Special Meeting, which is described in detail in the Company's Definitive Proxy Statement on Schedule 14A, which was filed with the Securities and Exchange Commission on October 25, 2023. The matter considered and voted on by the Company's stockholders at the Special Meeting (the "Proposal") and the vote of the stockholders were as follows: 1. To approve a new investment advisory agreement between the Company and Gladstone Management Corporation, the Company's investment adviser: For Against Abstain 15,797,260 884,850 733,182 The Proposal is the result of an anticipated change in control of Gladstone Management Corporation (the "Adviser"). From inception, the Adviser has been 100% indirectly owned and controlled by David Gladstone. David Gladstone owns 100% of the voting and economic interests of The Gladstone Companies, Ltd., which in turn owns 100% of the voting and economic interests of The Gladstone Companies, Inc., which in turn owns 100% of the voting and economic interests of the Adviser. Immediately after approval of the Proposal and approval by the stockholders of Gladstone Capital Corporation of a similar proposal, the Adviser will enter into a voting trust agreement (the "Voting Trust Agreement"), among David Gladstone, Lorna Gladstone, Laura Gladstone, Kent Gladstone and Jessica Martin, each as a trustee and collectively, as the board of trustees of the voting trust (the "Voting Trust Board"), the Adviser and certain stockholders of the Adviser, pursuant to which David Gladstone will deposit all of his indirect interests in the Adviser, which represented 100% of the voting and economic interests thereof, with the voting

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Gladstone Investment Corporation (Registrant) By: /s/ Rachael Easton January 5, 2024 Rachael Easton Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR