Key Developments: Gladstone Capital Corp (GLAD.O)
8.61USD
24 May 2013
$0.05 (+0.58%)
$8.56
$8.53
$8.63
$8.53
51,333
100,341
$9.46
$7.25
Latest Key Developments (Source: Significant Developments)
Gladstone Capital Corp Announces Resignation And Appointment Of CFO-Form 8-K
Gladstone Capital Corp reported in its Form 8-K that On April 9, 2013,David Watson resigned as the Chief Financial Officer (CFO) of the Company and the board of directors accepted his resignation and appointed Melissa Morrison, the Company’s current Chief Accounting Officer, as Chief Financial Officer (CFO). Mr. Watson will remain in his position as the Company’s Treasurer and will continue to serve as the CFO and Treasurer for Gladstone Investment Corporation, an affiliate of the Company. Full Article
Gladstone Capital Corp Announces Cash Distributions
Gladstone Capital Corp announced that Board of Directors declared the following monthly cash distributions. Common stock- $0.07 per share of common stock for each on April 30, May 31, and June 28, 2013, payable. Full Article
Gladstone Capital Corp Appoints Interim President-Form 8-K
Gladstone Capital Corp reported in its Form 8-K that on February 5, 2013, the Board of Directors of Gladstone Capital Corporation (Company) appointed David Gladstone, as Interim President of the Company to fill the vacancy created by the resignation of George Stelljes III. Mr. Gladstone will hold this position until the Board of Directors finds a suitable replacement for Mr. Stelljes. Full Article
Gladstone Capital Corp Announces Common And Term Preferred Stock Monthly Cash Distributions For October, November And December 2012
Gladstone Capital Corporation announced that its Board of Directors declared monthly cash distributions of $0.07 per common share for each of October, November and December 2012, payable on October 31, November 30 and December 31, 2012 respectively. The Board of Directors also declared monthly cash distributions of $0.1484375 per share of the Company's 7.125% Series 2016 Term Preferred Stock for each of October, November and December 2012, payable on October 31, November 30 and December 31, 2012 respectively. Full Article
Gladstone Capital Corporation Announces Common And Preferred Stock Cash Distributions For January, February And March
Gladstone Capital Corporation announced that its Board of Directors declared monthly cash distributions of $0.07 per share of common stock for each of the months January, February and March 2012, payable on January 31, February 29 and March 30, 2012 respectively. The Board of Directors also declared monthly cash distributions of $0.1484375 per share of Preferred Stock for each of the months January, February and March 2012, payable on January 31, February 29 and March 30, 2012 respectively. Full Article
Gladstone Capital Corporation Announces First Monthly Cash Distribution On 7.125% Series 2016 Term Preferred Stock
Gladstone Capital Corporation announced that its Board of Directors declared a combined cash distribution of $0.28203125 per share of the Company's 7.125% Series 2016 Term Preferred Stock, which is comprised of the monthly amount for December 2011 and a pro-rated monthly amount for November 2011, for the time period during which the Term Preferred Stock was issued and outstanding, payable per the table below. This is the first cash distribution declared for the Company's Term Preferred Stock. Cash distribution of $0.13359375 and $0.14843750 for the period November 4-30 and December 1 - 31 respectively, will be paid on December 30, 2011. Full Article
Gladstone Capital Corporation Announces Preferred Stock Offering
Gladstone Capital Corporation announced that it plans to sell shares of its newly designated Series 2016 Term Preferred Stock (Preferred Stock) in an underwritten public offering. The public offering price and other terms are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. Janney Montgomery Scott LLC is serving as the lead manager for the offering, and BB&T Capital Markets, a Division of Scott & Stringfellow, LLC, J.J.B. Hilliard, W.L. Lyons, LLC, Wunderlich Securities, Inc., Ladenburg Thalmann & Co. Inc. and Boenning & Scattergood, Inc. are serving as co-managers. The Company intends to use the net proceeds from this offering to repay its existing indebtedness, including a portion of the outstanding balance of its line of credit. Full Article
Gladstone Capital Corporation Announces Monthly Cash Distributions For October, November And December
Gladstone Capital Corporation announced that its Board of Directors declared monthly cash distributions of $0.07 per share of common stock for each of the months October, November and December of 2011, payable on October 31, 2011; November 30, 2011 and December 30, 2011 respectively. Full Article
Gladstone Capital Corporation Invests $10.3 Million In North American Aircraft Services Inc.
Gladstone Capital Corporation announced that it invested $10.3 million in North American Aircraft Services Inc. (NAAS). Gladstone Capital provided debt and equity financing together with NAAS President Scott Hagler to support the acquisition of NAAS by private equity sponsor, Mangrove Equity Partners of Tampa, Florida. NAAS, headquartered in San Antonio, Texas, repairs and maintains aircraft fuel tanks and fuel systems through 20 locations in the United States, Europe and Panama. NAAS provides services to both military and commercial aircraft operators. Full Article
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