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-0.000856164383561626 -0.000856164383561626 -0.000856164383561626 0 0.00256849315068503 0 -0.00856164383561641 -0.00856164383561641
Stock impact report

Gladstone Investment Announces Conditional Redemption of All Outstanding Shares of Series D Term Preferred Stock

Gladstone Investment Corporation - Business Development Company (GAIN) 
Last gladstone investment corporation - business development company earnings: 2/4 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstoneinvestment.com
Company Research Source: Accesswire
MCLEAN, VA / ACCESSWIRE / February 23, 2021 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") today announced that it plans to redeem all outstanding shares of its 6.25% Series D Cumulative Term Preferred Stock due 2023 (the "Series D Term Preferred Stock"), contingent upon the Company's successful completion of its previously announced public offering of unsecured notes.A notice of redemption on a conditional basis will be mailed to all registered holders of the Series D Term Preferred Stock by Computershare, Inc., as the Redemption and Paying Agent, in accordance with the requirements of the Company's Certificates of Designation of Series D Term Preferred Stock. The anticipated redemption date is March 3, 2021 at a redemption price of $25.00 per share, which represents the liquidation preference per share, plus an amount equal to all unpaid dividends and distributions on such share of Series D Term Preferred Stock accumulated up to, but excluding, the date of redempti Show less Read more
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