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Gladstone Capital -6.5% after capital raise

Oct. 27, 2015 9:39 AM ETGladstone Capital (GLAD)By: Stephen Alpher, SA News Editor
  • Gladstone Capital (NASDAQ:GLAD) agrees to sell 2M shares at a public offering price of $8.55 each for $16M in net proceeds. The underwriters have an option to buy another 300K shares at that price.
  • Source: Press Release
  • The stock's lower by 6.5% to $8.30.

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