Gladstone Commercial Corp Enters Material Agreement
Ticker: GOODO · Form: 8-K · Filed: Oct 14, 2025 · CIK: 1234006
| Field | Detail |
|---|---|
| Company | Gladstone Commercial Corp (GOODO) |
| Form Type | 8-K |
| Filed Date | Oct 14, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $475 million, $600 m, $400 million, $35 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
Gladstone Commercial Corp just signed a big deal, creating new financial obligations.
AI Summary
Gladstone Commercial Corporation entered into a material definitive agreement on October 10, 2025. This agreement also created a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing was made on October 14, 2025.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Gladstone Commercial Corp, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial risks and uncertainties.
Key Players & Entities
- Gladstone Commercial Corporation (company) — Registrant
- October 10, 2025 (date) — Date of earliest event reported
- October 14, 2025 (date) — Date of report
FAQ
What type of material definitive agreement did Gladstone Commercial Corporation enter into?
The filing states that Gladstone Commercial Corporation entered into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
What is the nature of the direct financial obligation or off-balance sheet arrangement created?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details are not disclosed in this section.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 10, 2025.
What is the filing date for this 8-K report?
This 8-K report was filed on October 14, 2025.
What is Gladstone Commercial Corporation's state of incorporation and EIN?
Gladstone Commercial Corporation is incorporated in Maryland and has an EIN of 02-0681276.
Filing Stats: 861 words · 3 min read · ~3 pages · Grade level 12.8 · Accepted 2025-10-14 15:17:50
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share GOOD The Nasdaq
- $475 million — Increased the credit facility size from $475 million to $600 million, with the term loan com
- $600 m — edit facility size from $475 million to $600 million, with the term loan component of
- $400 million — the credit facility being increased to $400 million through, a $35 million reduction to Ter
- $35 million — ng increased to $400 million through, a $35 million reduction to Term Loan A, a $103 millio
- $103 million — $35 million reduction to Term Loan A, a $103 million increase to Term Loan B, an $18 million
- $18 million — 103 million increase to Term Loan B, an $18 million reduction to Term Loan C and a $75 mill
- $75 million — million reduction to Term Loan C and a $75 million increase of the revolving credit facili
- $200 million — ase of the revolving credit facility to $200 million; Allows for the Amended Credit Facili
- $250 million — nded Credit Facility to be increased by $250 million upon the Company's request, subject to
Filing Documents
- d69928d8k.htm (8-K) — 36KB
- d69928dex101.htm (EX-10.1) — 1151KB
- d69928dex991.htm (EX-99.1) — 11KB
- g69928g00z25.jpg (GRAPHIC) — 162KB
- g69928g00z26.jpg (GRAPHIC) — 120KB
- g69928g1009020408605.jpg (GRAPHIC) — 5KB
- 0001193125-25-238905.txt ( ) — 1981KB
- good-20251010.xsd (EX-101.SCH) — 4KB
- good-20251010_def.xml (EX-101.DEF) — 14KB
- good-20251010_lab.xml (EX-101.LAB) — 23KB
- good-20251010_pre.xml (EX-101.PRE) — 15KB
- d69928d8k_htm.xml (XML) — 7KB
Financial Statements and Exhibits
Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 10.1 Fifth Amended and Restated Credit Agreement and Other Loan Documents, dated as of October 10, 2025 by and among Gladstone Commercial Limited Partnership, as borrower, Gladstone Commercial Corporation and certain of its wholly owned subsidiaries, as guarantors, each of the financial institutions initially a signatory thereto together with their successors and assignees, as lenders, and KeyBank National Association, as lender and agent. 99.1 Press Release issued by Gladstone Commercial Corporation dated October 14, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Gladstone Commercial Corporation (Registrant) October 14, 2025 By: /s/ Gary Gerson (Gary Gerson, Chief Financial Officer)