Gladstone Capital Corporation Announces Common Stock Offering

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Gladstone Capital (GLAD) Prices 2M Share Common Stock Offering for Proceeds of ~$16M

October 26, 2016 9:18 AM EDT

Gladstone Capital Corporation (Nasdaq: GLAD) announced that it has entered into an agreement to sell 2,000,000 shares of its common stock at a public offering price of $7.98 per share, raising approximately $16.0 million in gross proceeds and approximately $15.1 million in net proceeds after payment of underwriting discounts and commissions and estimated expenses of the offering payable by the Company. The Company has also granted the underwriters a 30-day option to purchase up to 300,000... More