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0 0 0.00284360189573454 0.00284360189573454 0.00284360189573454 0.00379146919431272 -0.000947867298578179 0.00366824644549767
Stock impact report

Gladstone Capital Announces 1-for-2 Reverse Stock Split [Yahoo! Finance]

Gladstone Capital Corporation - Closed End Fund (GLAD) 
Last gladstone capital corporation - closed end fund earnings: 2/5 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstonecapital.com
Company Research Source: Yahoo! Finance
has approved a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-2 that will be effective for purposes of trading as of the opening of business on the Nasdaq Global Select Market on April 5, 2024. As a result of the reverse stock split, every two shares of the Company's issued and outstanding common stock will be automatically combined into one issued and outstanding share of common stock, without any change in the par value per share. Shareholder distributions will be unchanged as monthly distributions per share will adjust commensurate with the 1-for-2 ratio of the reverse stock split.The Company's common stock will continue to trade on Nasdaq under the symbol GLAD. The new CUSIP number for the Company's common stock following the reverse stock split will be 376535878. The reverse stock split will reduce the number of shares of Common Stock outstanding from approximately 43.5 million shares to approximately 21.8 million shares. The number of authori Show less Read more
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