Gladstone Investment Corporation Announces $75 Million Common Stock Issuance Under New Sales Agreement

Reuters
06-04
Gladstone Investment Corporation Announces $75 Million Common Stock Issuance Under New Sales Agreement

Gladstone Investment Corporation has entered into new agreements to issue up to $75 million worth of its common stock. The company has made amendments to existing sales agreements with several sales agents, including Oppenheimer & Co. Inc., B. Riley Securities, Inc., and Virtu Americas LLC, and has also established a new sales agreement with M&T Securities, Inc. The shares will be offered under the company's registration statement and prospectus. M&T Securities, now acting as a sales agent, will receive a commission of up to 2.0% of the gross sales price per share. As part of the agreement, M&T will be considered an underwriter and will receive indemnification against certain liabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gladstone Investment Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-134147), on June 03, 2025, and is solely responsible for the information contained therein.

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