<SEC-DOCUMENT>0001171843-17-004614.txt : 20170802
<SEC-HEADER>0001171843-17-004614.hdr.sgml : 20170802
<ACCEPTANCE-DATETIME>20170802161605
ACCESSION NUMBER:		0001171843-17-004614
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170802
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170802
DATE AS OF CHANGE:		20170802

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLADSTONE CAPITAL CORP
		CENTRAL INDEX KEY:			0001143513
		IRS NUMBER:				542040781
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00237
		FILM NUMBER:		171000098

	BUSINESS ADDRESS:	
		STREET 1:		1521 WESTBRANCH DRIVE
		STREET 2:		SUITE 100
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102
		BUSINESS PHONE:		703-287-5800

	MAIL ADDRESS:	
		STREET 1:		1521 WESTBRANCH DRIVE
		STREET 2:		SUITE 100
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k_080217.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"><html><head></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br><strong>Washington, D.C. 20549<br></strong>______________________</p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 8-K<br></strong>______________________</p><p style="font-size: 12pt;" align="center"><strong>CURRENT REPORT</strong></p><p style="font-size: 12pt;" align="center"><strong>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</strong></p><p align="center">Date of Report (Date of earliest event Reported): <!--August 2, 2017-->August 2, 2017 &#160;</p><p align="center"><strong style="font-size: 14pt;">Gladstone Capital Corporation</strong><br>(Exact Name of Registrant as Specified in Charter)</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td align="center" width="33%"><strong>Maryland</strong></td><td align="center" width="34%"><strong>811-000000 <br><!--811-000000--></strong></td><td align="center" width="33%"><strong>54-2040781</strong></td></tr><tr valign="top"><td align="center" width="33%">(State or Other Jurisdiction of Incorporation)</td><td align="center" width="34%">(Commission File Number)</td><td align="center" width="33%">(I.R.S. Employer Identification Number)</td></tr></table><p>&#160;</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="bottom"><td align="center" width="50%"><strong>1521 Westbranch Drive, Suite 100<br>McLean, Virginia<!--UNITED STATES --></strong></td><td align="center" width="50%"><strong>22102</strong></td></tr><tr valign="top"><td align="center" width="50%">(Address of Principal Executive Offices)&#160;</td><td align="center" width="50%">(Zip Code)</td></tr></table><p align="center"><strong>(703) 287-5800</strong><br>(Registrant's telephone number, including area code)</p><p align="center"><strong></strong><br>(Former name or former address, if changed since last report)</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td colspan="3">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:<br><br></td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[  ]</td><td nowrap="nowrap">&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[  ]</td><td nowrap="nowrap">&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[  ]</td><td nowrap="nowrap">&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[  ]</td><td nowrap="nowrap">&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</td></tr></table><p style="font-size: 10pt; margin: 0pt;">&#160;</p><p style="font-size: 10pt; margin: 0pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR &sect;230.405) or Rule&#160;12b-2&#160;of the Securities Exchange Act of 1934 (17 CFR&#160;&sect;240.12b-2).&#160;Emerging growth company [&#160;&#160;&#160;]</p><p style="font-size: 10pt; margin: 0pt;">&#160;</p><p style="font-size: 10pt; margin: 0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [&#160;&#160;&#160;]</p><div style="margin-top: 12pt; margin-bottom: 3pt;"><div style="font-size: 1pt; border-top: Black 1.1pt solid; border-bottom: Black 2.5pt solid; width: 100%;">&#160;</div>&#160;</div><hr style="page-break-after: always;" noshade="noshade"><p><font style="font-size: 10pt;">  <strong>  </strong></font></p><p><font style="font-size: 10pt;"><strong>Item 2.02. Results of Operations and Financial Condition.</strong></font></p><p><font style="font-size: 10pt;"><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">On August 2, 2017, Gladstone Capital Corporation issued a press release announcing its financial results for the quarter ended June 30, 2017.&#160; The text of the press release is included as an exhibit to this Current Report on Form 8-K.&#160; The information in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.</font></p></font></p><p><font style="font-size: 10pt;"><strong>  </strong></font></p><p><font style="font-size: 10pt;"><strong>Item 9.01. Financial Statements and Exhibits.</strong></font></p><p><font style="font-size: 10pt;"><p style="text-indent: 0.5in; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits. </font></p><p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;">&#160;</p><table class="MsoNormalTable mce-item-table" style="width: 100.0%;" border="0" width="100%" cellspacing="0" cellpadding="0"><tr><td style="width: 11.0%; border: none; border-bottom: solid black 1pt; padding: 0in 0in 0in 0in;" valign="top" width="11%"><p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><strong><font style="font-size: 10.0pt;">Exhibit No. </font></strong></p></td><td style="width: 2.0%; padding: 0in 0in 0in 0in;" valign="top" width="2%"><p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">&#160; </font></p></td><td style="width: 66.0%; border: none; border-bottom: solid black 1pt; padding: 0in 0in 0in 0in;" valign="top" width="66%"><p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><strong><font style="font-size: 10.0pt;">Description </font></strong></p></td></tr><tr><td style="width: 11.0%; padding: 0in 0in 0in 0in;" valign="top" width="11%"><p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">99.1 </font></p></td><td style="width: 2.0%; padding: 0in 0in 0in 0in;" valign="top" width="2%"><p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">&#160; </font></p></td><td style="width: 66.0%; padding: 0in 0in 0in 0in;" valign="top" width="66%"><p style="margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">Press Release of Gladstone Capital Corporation, dated August 2, 2017.</font></p></td></tr></table></font></p><p><font style="font-size: 10pt;"></font></p><p><font style="font-size: 10pt;"></font></p><hr style="page-break-after: always;" noshade="noshade"><p align="center"><strong>SIGNATURE</strong></p><p>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.</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td valign="top" width="49%">&#160;</td><td style="font-size: 12pt;" colspan="2" valign="top"><strong>Gladstone Capital Corporation</strong></td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">&#160;</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">&#160;</td></tr><tr valign="top"><td width="49%">Date:&#160;August 2, 2017</td><td width="2%">By:&#160;</td><td style="text-decoration: underline;" width="49%">/s/ Nicole Schaltenbrand&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">Nicole Schaltenbrand</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">Chief Financial Officer & Treasurer</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%"></td></tr></table><p><hr style="page-break-after: always;" noshade="noshade"><p style="text-align: center;"><font style="font-size: 10pt;"><strong>EXHIBIT INDEX</strong></font></p><p style="text-align: center;"><font style="font-size: 10pt;">&#160;</font></p><table style="font-size: 10pt;" border="0" cellspacing="0" cellpadding="0" class="mce-item-table"><tr><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Exhibit No.</strong></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Description</strong></font></td></tr><tr><td><font style="font-size: 10pt;"></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">&#160;</font></td></tr><tr><td><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">Press Release of Gladstone Capital Corporation, dated August 2, 2017. </font></td></tr></table><div id="mceResizeHandlen" class="mce-resizehandle" style="cursor: n-resize; 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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252"><meta name="GENERATOR" content="MSHTML 8.00.7601.18094"></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><strong>Gladstone Capital Corporation Reports Financial Results for its &#160;Third Quarter Ended June 30, 2017</strong></p><p style="text-align: center;"><p>
   <p align="left">MCLEAN, Va., Aug.  02, 2017  (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (NASDAQ:GLAD) (the &#8220;Company&#8221;) today announced earnings for its third fiscal quarter ended June 30, 2017.&#160; Please read the Company&#8217;s Quarterly Report on Form 10-Q, filed today with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;), which can be retrieved from the SEC&#8217;s website at <em>www.sec.gov</em>, or from the Company&#8217;s website at www.GladstoneCapital.com.&#160;<br></p>    <p align="justify"><strong>Summary Information </strong><em>(dollars in thousands, except per share data) (unaudited)</em>:</p>  <table style="border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; "><tr><td style="border-bottom: solid black 1pt ; vertical-align: bottom ; "><strong>For the Quarter Ended:</strong></td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">&#160;</td><td colspan="2" style="border-bottom: solid black 1pt ; 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border-collapse: collapse; "><tr><td style="vertical-align: top ; "><sup>(A)</sup>&nbsp;</td><td style="vertical-align: bottom ; ">Previously, on July 11, 2017, the Company announced an ex-dividend date of September 18, 2017 for the September 2017 distribution and dividend. As an update to the Company&#8217;s previous announcement, the Company notes that the ex-dividend date for the September 2017 distribution and dividend is September 19, 2017.</td></tr></table>  <p align="justify"><strong><br></strong></p>    <p align="justify"><strong>Comments from Gladstone Capital&#8217;s President, Bob Marcotte: </strong>&#8220;The combination of asset growth and sustained investment yields delivered during the quarter significantly enhanced our core interest earnings.&#160; While fee income declined, expense management and management fee credits contributed to NII which covered 100% of our shareholder distributions.&#160; The portfolio valuation and NAV improved modestly continuing our drive to deliver a more consistent and improved return on equity performance.&#160; By continuing to capitalize on our lower middle market investment focus, incremental leverage capacity and the expectation of higher floating rates on our portfolio, we believe we continue to be well positioned to grow our investment portfolio and enhance shareholder returns.&#8221;</p>    <p><strong>Conference Call for Stockholders: </strong>The Company will hold its earnings release conference call on Thursday, August 3, 2017, at 8:30 a.m. EDT.&#160; Please call (855) 465-0177 to enter the conference.&#160; An operator will monitor the call and set a queue for any questions. A replay of the conference call will be available through September 3, 2017.&#160; To hear the replay, please dial (855) 859-2056 and use conference number 54336457.&#160; The replay of the conference call will be available beginning approximately one hour after the call concludes. The live audio broadcast of the Company&#8217;s quarterly conference call will also be available online at www.GladstoneCapital.com.&#160; The event will be archived and available for replay on the Company&#8217;s website through October 3, 2017.</p>    <p><strong>About Gladstone Capital Corporation:</strong> Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities, consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States.&#160; Including distributions through today, the Company has paid 174 consecutive monthly or quarterly cash distributions on its common stock.&#160; Information on the business activities of all the Gladstone funds can be found at www.GladstoneCompanies.com.&#160;&#160;&#160;</p>    <p>To obtain a paper copy of the Company&#8217;s most recent Form 10-Q, please contact the Company at 1521 Westbranch Drive, Suite 100, McLean, VA 22102, ATTN:&#160; Investor Relations.&#160; The financial information above is not comprehensive and is without notes, so readers should obtain and carefully review the Company&#8217;s Form 10-Q for the quarter ended June 30, 2017, including the notes to the consolidated financial statements contained therein.</p>    <p><em><u>Forward-looking Statements:</u></em><br><em>The statements in this press release about future growth and shareholder returns are "forward-looking statements" </em><em>within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.&#160; </em><em>These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on Gladstone Capital&#8217;s current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Capital&#8217;s filings with the U.S. Securities and Exchange Commission. Gladstone Capital undertakes no obligation to publicly release the result of any revisions to these forward looking statements that may be made to reflect any future events or otherwise, except as required by law.</em></p>  </p><p>Investor Relations Inquiries: Please visit www.gladstone.com or +1-703-287-5893.</p></body></html>
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