Company: GAINI
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001321741-25-000018
Chunk: 14

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS.10

Table of ContentsGLADSTONE INVESTMENT CORPORATIONCONSOLIDATED SCHEDULE OF INVESTMENTSMARCH 31, 2025(DOLLAR AMOUNTS IN THOUSANDS)

Company and Investment(A)(B)(D)(E)Principal/Shares/Units(F)(H)CostFair ValueNON-CONTROL/NON-AFFILIATE INVESTMENTS(L) – 130.0%Secured First Lien Debt – 60.3%Aerospace and Defense – 12.3%Ricardo Defense, Inc.(K) – Term Debt (SOFR+9.0%, 13.3% Cash, Due 12/2029)(J)$61,305 $61,305 $61,305 Buildings and Real Estate – 7.7%Dema/Mai Holdings, Inc. – Term Debt (SOFR+11.0%, 15.3% Cash, Due 7/2027)(J)38,250 38,250 38,250 Diversified/Conglomerate Manufacturing – 1.2%Phoenix Door Systems, Inc. – Line of Credit, $0 available (SOFR+1.4%, 5.7% Cash (0.3% Unused Fee), Due 9/2026)(J)2,950 2,950 2,950 Phoenix Door Systems, Inc. – Term Debt (SOFR+3.4%, 7.7% Cash, Due 9/2026)(J)3,200 3,200 3,200 6,150 6,150 Diversified/Conglomerate Services – 11.0%Horizon Facilities Services, Inc. – Term Debt (SOFR+0.5%, 6.0% Cash, Due 6/2026)(J)57,700 57,700 29,634 Mason West, LLC – Term Debt (SOFR+10.0%, 14.3% Cash, Due 7/2025)(J)25,250 25,250 25,250 82,950 54,884 Healthcare, Education, and Childcare – 6.0%Educators Resource, Inc. – Term Debt (SOFR+10.5%, 14.8% Cash