<SEC-DOCUMENT>0001193125-21-242795.txt : 20210811
<SEC-HEADER>0001193125-21-242795.hdr.sgml : 20210811
<ACCEPTANCE-DATETIME>20210811084521
ACCESSION NUMBER:		0001193125-21-242795
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210811
DATE AS OF CHANGE:		20210811

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLADSTONE INVESTMENT CORPORATION\DE
		CENTRAL INDEX KEY:			0001321741
		IRS NUMBER:				830423116
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-232124
		FILM NUMBER:		211162109

	BUSINESS ADDRESS:	
		STREET 1:		1521 WESTBRANCH DRIVE
		STREET 2:		SUITE 100
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102
		BUSINESS PHONE:		7032875800

	MAIL ADDRESS:	
		STREET 1:		1521 WESTBRANCH DRIVE
		STREET 2:		SUITE 100
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102
</SEC-HEADER>
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<TYPE>424B3
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed Pursuant to Rule 424(b)(3) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Registration Statement No. 333-232124 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Supplement No.&nbsp;1 dated August&nbsp;11, 2021 to Prospectus Supplement dated May&nbsp;21, 2020 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>(To Prospectus dated July&nbsp;24, 2019) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g173749g0807081601965.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Up to $50,000,000 Aggregate Liquidation Preference </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>6.375% Series E Cumulative Term Preferred Stock </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Supplement No.&nbsp;1 supplements and amends our
Prospectus Supplement, dated May&nbsp;21, 2020 (the &#147;Series E Preferred Stock ATM Prospectus Supplement&#148;), and should be read in conjunction with the Series E Preferred Stock ATM Prospectus Supplement and the prospectus dated July&nbsp;24,
2019 (the &#147;Base Prospectus&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On May&nbsp;21, 2020, we entered into separate sales agreements (each a &#147;Sales Agreement&#148; and
collectively the &#147;Sales Agreements&#148;) with Wedbush Securities Inc. and Virtu Americas LLC (collectively, the &#147;Sales Agents&#148;), relating to the shares of our 6.375% Series E Cumulative Term Preferred Stock, par value $0.001 per
share (&#147;Series E Term Preferred Stock&#148;), offered pursuant to the Series E Preferred Stock ATM Prospectus Supplement and the Base Prospectus. The Sales Agreements provide that we may offer and sell up to $50,000,000 aggregate liquidation
preference of our Series E Term Preferred Stock from time to time through the Sales Agents or directly to the Sales Agents, acting as principals (the &#147;Offering&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As of the date hereof, we have sold approximately $19.6&nbsp;million of the Series E Term Preferred Stock pursuant to the Series E Preferred Stock ATM
Prospectus Supplement and have decided to terminate the Sales Agreements and the Offering, each effective as of the date hereof. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">The date of this Supplement No.&nbsp;1
to Prospectus Supplement is August&nbsp;11, 2021 </P>
</DIV></Center>

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