# EDGAR Filing Document

**Accession Number:** 0001321741
**File Stem:** 0001193125-25-281791
**Filing Date:** 2025-11
**Character Count:** 3516
**Document Hash:** 9dc33aa9e69121e5b15724c4b868cf67
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-281791.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001193125-25-281791

**CONFORMED SUBMISSION TYPE**: N-23C-2

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251114

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GLADSTONE INVESTMENT CORPORATION\DE
- **CENTRAL INDEX KEY:** 0001321741

**ORGANIZATION NAME:**
- **EIN:** 830423116
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-23C-2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 817-01306
- **FILM NUMBER:** 251481593

**BUSINESS ADDRESS:**
- **STREET 1:** 1521 WESTBRANCH DRIVE
- **STREET 2:** SUITE 100
- **CITY:** MCLEAN
- **STATE:** VA
- **ZIP:** 22102
- **BUSINESS PHONE:** 7032875800

**MAIL ADDRESS:**
- **STREET 1:** 1521 WESTBRANCH DRIVE
- **STREET 2:** SUITE 100
- **CITY:** MCLEAN
- **STATE:** VA
- **ZIP:** 22102

**Securities and Exchange Commission** 

**Washington, DC 20549** 

**Rule 23c-2 Notice of Intention to** 

**Redeem Securities** 

of

Gladstone Investment Corporation

1521 Westbranch Drive, Suite 100

McLean, Virginia 22102

under the

Investment Company Act of 1940

Investment Company Act File No. 814-00704

The undersigned, Gladstone Investment Corporation (the "Fund"), is a closed-end, management investment company that has elected to be regulated as a business development company. The Fund hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, and provides the information set forth below that is required by Rule 23c-2 under the Investment Company Act of 1940, as amended.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Title of the class of securities of the Fund to be redeemed:

8.00% notes due 2028 (CUSIP #376546875) (the "2028 Notes")

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Date on which the securities are to be redeemed:

December 16, 2025

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:

The 2028 Notes are being voluntarily redeemed pursuant to (i) Section 3.01 of the Indenture (the "Base Indenture"), dated as of May 22, 2020, between the Fund and UMB Bank, National Association, as trustee (the "Trustee") and (ii) Section 1.01(g) of the Fourth Supplemental Indenture (the "Fourth Supplemental Indenture"), dated as of May 31, 2023, between the Fund and the Trustee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) The principal amount to be redeemed and the basis upon which the securities to be redeemed are to be selected:

The Fund intends to redeem 100% of the outstanding 2028 Notes ($74,750,000 aggregate principal amount) pursuant to the terms of the Base Indenture and the Fourth Supplemental Indenture

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SIGNATURE

Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, as amended, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 14<sup>th</sup> day of November 2025.

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| | |
|:---|:---|
| GLADSTONE INVESTMENT CORPORATION | GLADSTONE INVESTMENT CORPORATION |
| By: | /s/ David Gladstone |
| Name: | David Gladstone |
| Title: | Chairman & Chief Executive Officer |

---