STOCK TITAN

Gladstone Investment Corporation Announces Adjournment of 2020 Annual Meeting of Stockholders

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Gladstone Investment Corporation (GAIN) adjourned its 2020 Annual Meeting of Stockholders to August 20, 2020, to gather more votes for a quorum. President David Dullum expressed gratitude for stockholder support and urged those who haven't voted to do so promptly. Stockholders are encouraged to read the detailed proxy statement filed with the SEC on June 15, 2020, before voting. The proxy and annual report are available online.

Positive
  • Significant stockholder support received for the Annual Meeting.
  • Encouragement for stockholders to participate in voting.
Negative
  • The need to adjourn the meeting indicates a lack of sufficient votes initially.
  • Potential concerns regarding stockholder engagement if quorum is not met.

MCLEAN, Va., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Gladstone Investment Corporation (Nasdaq: GAIN) (the “Company”) held its 2020 Annual Meeting of Stockholders (the “Annual Meeting”) on Thursday, August 6, 2020.  To solicit additional votes to establish a quorum for the Annual Meeting, the meeting was adjourned until Thursday, August 20, 2020 at 11:00 a.m. EDT, and will reconvene at that time as a live webcast at www.virtualshareholdermeeting.com/GAIN2020

“We are encouraged by the positive support that we have received to date from a significant number of our stockholders,” stated David Dullum, President of the Company. “We ask our stockholders who have not yet voted their shares to please do so as soon as possible and we thank all of our stockholders for their continued support.”

If you have not yet voted, we urge you to vote by phone or through the internet using the instructions provided on your proxy ballot. You may also contact Georgeson LLC, the Company’s proxy solicitor, to vote your shares at (800) 903-2897.  Representatives from Georgeson are available to take your call Monday through Friday from 9:00 a.m. to 11:00 p.m. EDT or 11:00 a.m. to 6:00 p.m. EDT on Saturdays.

Important Information

Stockholders are strongly advised to read the proxy statement (filed with the Securities and Exchange Commission (the “SEC”) on June 15, 2020) carefully before making any voting decision, as it contains important information. The proxy statement and the Company’s most recent annual report are available at www.proxyvote.com.  Further, these documents and any other materials filed by the Company with the SEC can be obtained free of charge at the SEC’s website at www.sec.gov or from the Company’s website at www.gladstoneinvestment.com.

Gladstone Investment Corporation is a publicly traded business development company that seeks to make debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations.

Source: Gladstone Investment Corporation

For further information: Gladstone Investment Corporation, +1-703-287-5893


FAQ

What is the date of the adjourned Annual Meeting for Gladstone Investment Corporation (GAIN)?

The adjourned Annual Meeting is set for August 20, 2020, at 11:00 a.m. EDT.

Why was the Annual Meeting of Gladstone Investment Corporation (GAIN) adjourned?

The meeting was adjourned to solicit additional votes to establish a quorum.

How can stockholders of Gladstone Investment Corporation (GAIN) vote?

Stockholders can vote by phone or online using the instructions on their proxy ballot.

Where can I find the proxy statement for Gladstone Investment Corporation (GAIN)?

The proxy statement is available at www.proxyvote.com and SEC's website.

Who should stockholders contact if they need help voting their shares for Gladstone Investment Corporation (GAIN)?

Stockholders can contact Georgeson LLC at (800) 903-2897 for assistance.

Gladstone Investment Corporation

NASDAQ:GAIN

GAIN Rankings

GAIN Latest News

GAIN Stock Data

485.57M
35.80M
2.05%
14.13%
8.5%
Asset Management
Financial Services
Link
United States of America
MCLEAN