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Gladstone Investment offering common shares

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Gladstone Investment offering common shares

Gladstone Investment Corp. is offering up to $35 million of its common stock from time to time.

The business development company intends to use net proceeds from the offering to pay down outstanding debt and then to make investments. Gladstone Investment intends to use any remaining proceeds for other general corporate purposes.

Wedbush Securities Inc., Cantor Fitzgerald & Co. and Ladenburg Thalmann & Co. Inc. are sales agents for the offering.