Every 424B that Gladstone Investment Corporation (GAIN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow GAIN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GAIN filings page.
Gladstone Investment Corporation is offering $100,000,000 aggregate principal amount of 7.125% Notes due 2031. These senior unsecured notes pay interest quarterly on February 1, May 1, August 1 and November 1, beginning May 1, 2026, and mature on May 1, 2031.
The notes rank equally with Gladstone Investment’s existing unsecured notes and are structurally subordinated to borrowings at subsidiaries, including its revolving credit facility. They may be redeemed at par, in whole or in part, on or after May 1, 2028. Net proceeds of approximately $96.7 million are expected to be used to repay a portion of the company’s credit facility, fund new investments consistent with its BDC strategy, and for general corporate purposes.
The notes will be issued in $25 denominations and Gladstone Investment intends to list them on the Nasdaq Global Select Market under the symbol “GAING”, where they are expected to trade "flat," without separate accrued-interest payments in secondary trades.
Gladstone Investment Corporation, a business development company focused on lower middle market U.S. businesses, is issuing new unsecured Notes maturing on May 1, 2031. The Notes pay cash interest quarterly on February 1, May 1, August 1 and November 1, starting May 1, 2026, in minimum denominations of $25.
The Notes rank equally with Gladstone Investment’s existing unsecured notes (including its 5.00% 2026, 4.875% 2028, 6.875% 2028 and 7.875% 2030 issues) and are structurally subordinated to borrowings at subsidiaries, such as the Credit Facility, which had about $129.4 million outstanding as of February 6, 2026. The company may redeem the Notes on or after May 1, 2028.
Gladstone Investment intends to list the Notes on the Nasdaq Global Select Market under the symbol “GAING”, with trading expected to be “flat,” meaning prices include accrued interest. Net proceeds are expected to be used to repay a portion of the revolving Credit Facility, fund new portfolio investments consistent with its debt‑and‑equity strategy, and for general corporate purposes.
Gladstone Investment Corporation (GAIN) launched a primary debt offering of $60,000,000 aggregate principal amount of 6.875% Notes due 2028. The Notes mature on November 1, 2028 and pay interest semiannually on May 1 and November 1, beginning May 1, 2026. Pricing was 100.000% with a 1.500% underwriting discount ($900,000), yielding $59,100,000 in proceeds before expenses and an estimated $58,700,000 in net proceeds after approximately $0.4 million of offering expenses.
The company intends to use the net proceeds to repay a portion of its revolving Credit Facility, to fund new investments, and for general corporate purposes. As of November 5, 2025, borrowings under the Credit Facility were approximately $96.9 million. The Notes are unsecured, rank equal with existing unsecured notes, and are structurally subordinated to subsidiary debt. They include optional redemption provisions, a change of control repurchase at 100% of principal plus accrued interest, and will not be listed on an exchange. B. Riley Securities acted as sole book‑running manager, with settlement expected on November 10, 2025.