Company: GAINI
Filing Date: 2025-02-12
Form Type: 10-Q
Source: 0001321741-25-000005
Chunk: 185

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-02-12
Form: 10-Q
Item: Part I, Item 8
Chunk 185
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2028 NotesGAINZAugust 18, 2021November 1, 20284.875%5,382,000$25.00 134,550 8.00% 2028 NotesGAINLMay 31, 2023August 1, 20288.00%2,990,000$25.00 74,750 7.875% 2030 NotesGAINIDecember 17, 2024February 1, 20307.875%5,060,000$25.00 126,500 Notes payable, gross(B)18,549,500463,738 Less: Unamortized Discounts(8,680)Notes payable, net(C)$455,058 

36

As of March 31, 2024:DescriptionTickerSymbolDate IssuedMaturity Date(A)InterestRateNotesOutstandingPrincipalAmount perNoteAggregatePrincipal Amount5.00% 2026 NotesGAINNMarch 2, 2021May 1, 20265.00%5,117,500$25.00 $127,938 4.875% 2028 NotesGAINZAugust 18, 2021November 1, 20284.875%5,382,000$25.00 134,550 8.00% 2028 NotesGAINLMay 31, 2023August 1, 20288.00%2,990,000$25.00 74,750 Notes payable, gross(B)13,489,500337,238 Less: Unamortized Discounts(5,893)Notes payable, net(C)$331,345 (A)The 5.00% 2026 Notes and the 4.875% 2028 Notes can be redeemed at our option at any time. The 8.00% 2028 Notes can be redeemed at our option at any time on or after August 1, 2025. The 7.875% 2030 Notes can be redeemed at our option at any time on or after February 1, 2027.(B)As of December 31, 2024 and March 31, 2024, asset coverage on our senior securities representing indebtedness, calculated pursuant to Sections 18 and 61 of the 1940 Act, was 185.9% and 219.0%, respectively.(