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.)
- $101.1M
- Price
- $25.12
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.12%
- Volume
- 5.2K
Quote data as of 5:17 AM ET
About
Gladstone Investment Corp., a traded business development company, which engages in the provision of lower middle market companies located in the United States. The fund focuses on companies with an EBITDA of USD 4 - 15 million. It targets companies operating in the fields of manufacturing, consumer products and business and consumer services. It provides financing for debt, buyout and growth stage capital requirements with an investment size up to USD 75 million. The company was founded in 2005 and is headquartered in McLean, VA.
Quick stats
Shares outstanding39.8M
Computed float38.9M
Float sourceUnknown
Cash runway (months)-3.2
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
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-generated10d agomajorbullishm and aGladstone Investment Enters Into a Definitive Agreement to Acquire Extrude Hone LLC
Gladstone Investment Corporation entered into a definitive agreement to acquire Extrude Hone, a provider of precision surface-finishing solutions for the aerospace and industrial sectors.
The target company aligns with Gladstone's strategy of investing in lower middle market businesses with specialized capabilities and mission-critical applications.
The transaction is subject to regulatory approval and is expected to generate income for shareholder dividends and long-term capital gains.
Red flags
- Purchase price and target financial metrics not disclosed
- Closing subject to regulatory approval