GLAD 8-K
Gladstone Capital Corp (GLAD)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company
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| Item 7.01. | Regulation FD Disclosure. |
On January 14, 2025, Gladstone Capital Corporation issued a press release, filed herewith as Exhibit 99.1, announcing that its board of directors declared monthly cash distributions for its common stock and 6.25% Series A Cumulative Redeemable Preferred Stock for each of January, February and March 2025.
The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit |
Description | |
| 99.1 | Press Release issued by Gladstone Capital Corporation on January 14, 2025. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
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 Capital Corporation | ||||||
| Date: January 14, 2025 | By: | /s/ Nicole Schaltenbrand | ||||
| Nicole Schaltenbrand | ||||||
| Chief Financial Officer & Treasurer | ||||||
Exhibit 99.1
Gladstone Capital Announces Monthly Cash Distributions for
January, February and March 2025 and Conference Call Date
MCLEAN, VA, January 14, 2025 – Gladstone Capital Corporation (Nasdaq: GLAD) (the “Company”) announced today that its board of directors declared the following monthly cash distributions for January, February and March 2025 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2024.
Cash Distributions:
Common Stock: $0.165 per share of common stock for each of January, February and March 2025, payable per the table below.
| Record Date |
Payment Date | Cash Distribution | ||
| January 24 |
January 31 | $0.165 | ||
| February 19 |
February 28 | $0.165 | ||
| March 19 |
March 31 | $0.165 | ||
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| Total for the Quarter: | $0.495 | |||
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The Company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders. For more information regarding the DRIP, please visit www.gladstonecapital.com.
Series A Preferred Stock (Unlisted): $0.130208 per share of 6.25% Series A Cumulative Redeemable Preferred Stock for each of January, February and March 2025, payable per the table below:
| Record Date |
Payment Date | Cash Distribution | ||
| January 27 |
February 5 | $0.130208 | ||
| February 25 |
March 5 | $0.130208 | ||
| March 26 |
April 4 | $0.130208 | ||
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| Total for the Quarter: | $0.390624 | |||
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Earnings Announcement:
The Company also announced today that it plans to report earnings for the first fiscal quarter ended December 31, 2024, after the stock market closes on Tuesday, February 11, 2025. The Company will hold a conference call Wednesday, February 12, 2025 at 8:30 a.m. ET to discuss its earnings results. Please call (866) 424-3437 to enter the conference call. An operator will monitor the call and set a queue for questions.
A conference call replay will be available after the call and will be accessible through February 19, 2025. To hear the replay, please dial (877) 660-6853 and use playback conference number 13750254.
The live audio broadcast of the Company’s conference call will be available online at www.gladstonecapital.com. The event will be archived and available for replay on the Company’s website.
If you have questions prior to or following the earnings release you may e-mail them to [email protected].
Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
Investor Relations Inquiries: Please visit www.gladstonecompanies.com or (703) 287-5893.
Source: Gladstone Capital Corporation