Company: GAINI
Filing Date: 2025-05-13
Form Type: 10-K
Source: 0001321741-25-000010
Chunk: 22

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-05-13
Form: 10-K
Item: Item 8
Chunk 22
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ulative net unrealized appreciation is $38.5 million, based on a tax cost of $940.9 million.

THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS.83

Table of Contents GLADSTONE INVESTMENT CORPORATIONCONSOLIDATED SCHEDULE OF INVESTMENTSMARCH 31, 2024(DOLLAR AMOUNTS IN THOUSANDS)

Company and Investment(A)(B)(D)(E)Principal/Shares/Units(F)(H)CostFair ValueNON-CONTROL/NON-AFFILIATE INVESTMENTS(L) – 126.3%Secured First Lien Debt – 65.9%Buildings and Real Estate –7.8%Dema/Mai Holdings, Inc. – Term Debt (SOFR+11.0%, 16.3% Cash, Due 7/2027)(J)$38,250 $38,250 $38,250 Diversified/Conglomerate Manufacturing – 1.1%Phoenix Door Systems, Inc. – Line of Credit, $0 available (SOFR+7.0%, 12.3% Cash (0.3% Unused Fee), Due 9/2026)(J)2,750 2,750 2,750 Phoenix Door Systems, Inc. – Term Debt (SOFR+11.0%, 16.3% Cash, Due 9/2026)(J)3,200 3,200 2,817 5,950 5,567 Diversified/Conglomerate Services – 16.8%Horizon Facilities Services, Inc. – Term Debt (SOFR+7.5%, 12.8% Cash, Due 6/2026)(J)57,700 57,700 57,700 Mason West, LLC – Term Debt (SOFR+10.0%, 15.3% Cash, Due 7/2025)(J)25,250 25,250 25,250 82,950 82,950 Healthcare, Education, and Childcare – 4.1%Educators Resource, Inc. – Term Debt (SOFR+10.5%, 15.8% Cash, Due 3/2025)(J)20,000 20,000 20,000 Home and Office Furnishings, Housewares, and