UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event Reported): July 14, 2015
Gladstone Capital Corporation
(Exact Name of Registrant as Specified in Charter)
| Maryland | 811-00000 | 54-2040781 | ||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
| 1521 Westbranch Drive, Suite 100, McLean, Virginia | 22102 |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant's telephone number, including area code: (703) 287-5800
Not Applicable
(Former name or former address, if changed since last report)
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
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| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
Item 7.01. Regulation FD Disclosure.
On July 14, 2015, Gladstone Capital Corporation (the "Company") issued a press release, filed herewith as Exhibit 99.1, announcing that its board of directors declared monthly cash distributions for the Company's common stock and 6.75% Series 2021 Term Preferred Stock for each of July, August and September 2015. The Company also announced its intention to report earnings for its third fiscal quarter ended June 30, 2015, after the stock market closes on Wednesday, July 29, 2015. The Company's conference call to discuss earnings will be held on Thursday, July 30, 2015 at 8:30 a.m. EDT.
The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, and shall not be deemed incorporated by reference into any filings made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1
Press Release issued by Gladstone Capital Corporation on July 14, 2015.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: July 14, 2015 | Gladstone Capital Corporation |
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| By: | /s/ MELISSA B. MORRISON Melissa B. Morrison Chief Financial Officer |
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EXHIBIT INDEX
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Exhibit
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Description
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99.1 |
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Press Release issued by Gladstone Capital Corporation on July 14, 2015. |
Exhibit 99.1
MCLEAN, Va., July 14, 2015 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions and also announced its plan to report earnings for the third fiscal quarter ended June 30, 2015.
Cash Distributions:
Common Stock: $0.07 per share of common stock for each of July, August and September, 2015, payable per the table below. The Company has paid 141 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid eight consecutive quarterly common stock cash distributions.
| Ex-Dividend Date | Record Date | Payment Date | Cash Distribution |
| July 22 | July 24 | August 4 | $0.07 |
| August 18 | August 20 | August 31 | $0.07 |
| September 17 | September 21 | September 30 | $0.07 |
| Total for the Quarter: | $0.21 | ||
Term Preferred Stock: $0.140625 per share of the Company's 6.75% Series 2021 Term Preferred Stock ("Term Preferred Stock") for each of July, August and September, 2015, payable per the table below. The Term Preferred Stock trades on the NASDAQ under the symbol "GLADO."
| Ex-Dividend Date | Record Date | Payment Date | Cash Distribution |
| July 22 | July 24 | August 4 | $0.140625 |
| August 18 | August 20 | August 31 | $0.140625 |
| September 17 | September 21 | September 30 | $0.140625 |
| Total for the Quarter: | $0.421875 | ||
The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstonecapital.com.
Earnings Announcement:
The Company also announced today that it plans to report earnings for the third fiscal quarter ended June 30, 2015, after the stock market closes on Wednesday, July 29, 2015. The Company will hold a conference call Thursday, July 30, 2015 at 8:30 a.m. EDT to discuss its earnings results. Please call (855) 465-0177 to enter the conference call. An operator will monitor the call and set a queue for questions.
A conference call replay will be available after the call and will be accessible through August 30, 2015. To hear the replay, please dial (855) 859-2056 and use playback conference number 16114990.
The live audio broadcast of the Company's conference call will be available online at www.gladstonecapital.com. The event will be archived and available for replay on the Company's website through September 30, 2015.
If you have questions prior to or following the earnings release you may e-mail them to info@gladstonecompanies.com.
Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities consisting primarily of senior, second lien, and senior subordinate term loans in small and medium sized businesses in the United States. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
CONTACT: For further information:
Gladstone Capital Corporation, 703-287-5893