GAIN News & Events

Reports Q3 NAV per share $14.95. The company said, "Net asset value per common share as of December 31, 2025 was $14.95, compared to $13.53 as of September 30, 2025. The increase quarter over quarter was primarily due to net unrealized appreciation of investments of $70.2 million, or $1.77 per common share, and $3.5 million, or $0.09 per common share, of realized gain on investments. These increases were partially offset by $9.5 million, or $0.24 per common share, of distributions paid to common shareholders, $6.5 million, or $0.16 per common share, of net investment loss and $1.3 million, or $0.03 per common share, of realized loss on other upon the redemption of the 8.00% Notes due 2028."

Gladstone Investment Corporation announced its acquisition of Rowan Energy along with Xyresic Capital. Gladstone Investment provided senior secured debt and the majority of the equity to complete the transaction. Rowan, based in Oklahoma City, Oklahoma, is a leading U.S. oil-and-gas services company specializing in advanced frac sand filtration, completion-equipment deployment and field-operations support.