We represented Gladstone Investment Corporation in its public offering of 2,000,000 shares of Series D cumulative term preferred stock with proceeds of $26,093,125. The underwriters included Janney Montgomery Scott; Ladenburg Thalmann; J.J.B. Hilliard, W.L. Lyons, LLC; Wunderlich; William Blair; Maxim Group LLC.

Gladstone Investment Corporation (NASDAQ: GAIN) is a publicly traded business development company (“BDC”) that pays monthly dividends to its stockholders and invests in small and medium sized private businesses, seeking to achieve returns from current income and capital gains through debt and equity investments.