Company: GAINI
Filing Date: 2025-05-13
Form Type: 10-K
Source: 0001321741-25-000010
Chunk: 127

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-05-13
Form: 10-K
Item: Item 16
Chunk 127
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 to specific series of such class of stock such warrants allow us to purchase.

(G)Represents the principal balance, presented in thousands, for debt investments and the number of shares/units held for equity investments as of March 31, 2025. Warrants are represented as a percentage of ownership, as applicable, as of March 31, 2025.

(H)Represents the total amount of interest, dividend, success fee, or other investment income credited to income for the portion of the year ended March 31, 2025 an investment was an affiliate investment or control investment and on accrual status, as appropriate.

(I)Gross additions include increases in investments resulting from new portfolio investments, the amortization of discounts and fees, and the exchange of one or more existing securities for one or more new securities during the year ended March 31, 2025.

(J)Gross reductions include decreases in investments resulting from principal collections related to investment repayments or sales, the amortization of premiums and acquisition costs, and the exchange of one or more existing securities for one or more new securities during the year ended March 31, 2025.

(K)Debt security is on non-accrual status as of March 31, 2025.

(L)New investment during the year ended March 31, 2025.

(M)Investment was exited/paid off during the year ended March 31, 2025.

(N)During the year ended March 31, 2025, we recognized a realized gain of $43.4 million upon sale of Nth Degree Investment Group, LLC.

(O)During the year ended March 31, 2025, we restructured our investments in PSI Molded Plastics, Inc., which resulted in $16.4 million being converted from second lien debt to preferred equity.

(P)Net realized gain (loss) excludes amounts related to portfolio companies no longer in the portfolio for the periods presented.

**Information related to the amount of equity in the net profit and loss for the period for the investments listed has not been included in this schedule. This information is not considered to be meaningful due to the complex capital structures of the portfolio companies, with different classes of equity securities outstanding with different preferences in liquidation. These investments are not consolidated, nor are they accounted for under the equity method of accounting.

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