MCLEAN, Va., June 13, 2012 /PRNewswire/ -- Gladstone
Investment Corporation (NASDAQ symbol: GAIN) (the "Company")
announced today that it will hold a conference call on Wednesday, June 27, 2012 at 9:00 a.m. EDT to discuss the matters scheduled
for a vote at this year's annual stockholders meeting to be held on
Thursday, August 9, 2012.
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)
The matters scheduled for a vote at the annual meeting, as
described in the proxy statement, are as follows:
1) The election of three directors to hold office until
the 2015 annual meeting as outlined below:
a. Two directors, to be elected by the holders of our
common stock and preferred stock, voting together as a single
class; and
b. One director, to be elected solely by the holders
of our preferred stock, voting as a single class;
2) The approval of a proposal to authorize the Company to issue
and sell shares of our common stock (during the next
12 months) at a price below its then current net asset value
per share subject to certain limitations (including, without
limitation, that the cumulative number of shares issued and sold
pursuant to such authority does not exceed 25% of our then
outstanding common stock immediately prior to each such sale);
3) The ratification of the selection by the audit committee of
the board of directors of PricewaterhouseCoopers LLP as the
Company's independent registered public accounting firm for its
fiscal year ending March 31, 2013;
and
4) To transact such other business as may properly come before
the meeting or any adjournment or postponement thereof.
Stockholders will have an opportunity to ask questions regarding
the proposals during the conference call referenced above, which
will take place on June 27, 2012. You
may call (800) 860-2442 to enter the conference, and an operator
will monitor the call and set a queue for questions.
A conference call replay will be available beginning one hour
after the call and will be available through the date of the annual
meeting, Thursday, August 9, 2012. To
hear the replay, please dial (877) 344-7529 and conference number
10013393.
Gladstone Investment Corporation is a publicly traded business
development company that seeks to make debt and equity investments
in small and mid-sized businesses in the
United States in connection with acquisitions, changes in
control and recapitalizations. Including payments made
through May 2012, the Company has
paid 83 consecutive monthly cash distributions on its common stock,
in addition to a bonus dividend paid on its common stock in March
2012. 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.
SOURCE Gladstone Investment Corporation