Item 8.01. Other Events.

As previously disclosed on a Current Report on Form 8-K, dated August 10, 2021, Gladstone Acquisition Corporation (the "Company") consummated its initial public offering ("IPO") of 10,000,000 units (the "Units"). Each Unit consists of one share of Class A common stock, $0.0001 par value per share (the "Common Stock"), and one-half of one redeemable warrant (the "Public Warrants"), each whole Public Warrant entitling the holder thereof to purchase one share of Common Stock at an exercise price of $11.50 per share, subject to adjustment. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $100,000,000.

As also previously disclosed, simultaneously with the closing of the IPO and the issuance and sale of the Units, (i) the Company consummated the private placement of 4,200,000 private placement warrants (the "Private Placement Warrants") to Gladstone Sponsor, LLC, each exercisable to purchase one share of Common Stock at $11.50 per share, subject to adjustment, at a price of $1.00 per Private Placement Warrant, generating total proceeds of $4,200,000 and (ii) the Company consummated the private placement to EF Hutton, division of Benchmark Investments, LLC (the "Underwriter"), of 200,000 shares of Common Stock ( "Representative Shares") for nominal consideration.

Of the proceeds the Company received from the IPO, the sale of the Private Placement Warrants and the sale of the Representative Shares, $102.0 million, or $10.20 per Unit issued in the IPO, was deposited into a trust account, with Continental Stock Transfer & Trust Company acting as trustee.

Subsequently, on August 10, 2021, the Underwriter exercised the over-allotment option in part, and the closing of the issuance and sale of the additional Units (the "Over-Allotment Units"), additional Private Placement Warrants (the "Over-Allotment Private Placement Warrants") and additional Representative Shares (the "Over-Allotment Representative Shares") occurred on August 18, 2021. The total aggregate issuance by the Company of 492,480 Over-Allotment Units, 98,496 Over-Allotment Private Placement Warrants at a purchase price of $1.00 per Private Placement Warrant and 9,850 Over-Allotment Representative Shares for nominal consideration resulted in total gross proceeds of $5,023,296 (the "Over-Allotment Proceeds").





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The Over-Allotment Proceeds were placed in a trust account established for the benefit of the Company's public stockholders, and added to the net proceeds from the IPO and certain of the proceeds from the sale of the Private Placement Warrants and Representative Shares at the IPO; upon closing of the over-allotment in part, there was an aggregate of approximately $107,023,296, or $10.20 per issued and outstanding Unit, in the trust account. Included with this report as Exhibit 99.1 is a pro-forma balance sheet reflecting the exercise of the over-allotment option in part.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits



                       99.1     Pro Forma Balance Sheet




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