Gladstone Investment Corporation 7.125% Notes due 2031
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $100.4M
- Price
- $25.10
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.31%
- Volume
- 3.7K
About
Gladstone Investment Corporation operates as a publicly traded Business Development Company (BDC), dedicating its resources to funding lower middle market businesses throughout the United States. This firm primarily seeks out companies with annual earnings before interest, taxes, depreciation, and amortization (EBITDA) falling between $4 million and $15 million. Its investment focus spans sectors such as manufacturing, consumer products, and both business and consumer services. Gladstone provides diverse financing options, including debt, capital for buyouts, and growth stage funding, with individual investment amounts capable of reaching $75 million. The company was established in 2005 and is based in McLean, Virginia.
Quick stats
Shares outstanding39.8M
Computed float38.9M
Float / shares97.8%
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001321741
AI Summary
AI-generated1/33
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Gladstone Investment Closes on the Acquisition of Extrude Hone LLC
Gladstone Investment (Nasdaq: GAIN) closed its acquisition of Extrude Hone, an Irwin, Pennsylvania-based provider of precision surface-finishing solutions serving aerospace, automotive, heavy industrial, and energy end markets.
Management expects Extrude Hone to generate both income for monthly dividends and longer-term capital appreciation within Gladstone's portfolio of operating businesses.
No deal value or terms were disclosed; the acquisition fits Gladstone's strategy of partnering with established lower middle market businesses holding leading positions in specialized industrial niches.
Red flags
- deal value and financing terms not disclosed