Item 1.01. Entry into a Material Definitive Agreement.
On
The Amended Agreement maintains the temporary revised higher "hurdle rate"
included in the calculation of the Incentive Fee at 2% per quarter (8%
annualized) for the period beginning
The Amended Agreement maintains the revised "hurdle rate" of 2.00% per quarter
(8% annualized), which has been in effect since
The calculation of the other fees in the Advisory Agreement remain unchanged.
The revised Incentive Fee calculations will begin with the fee calculations for
the quarter ending
The description above is only a summary of the material provisions of the Amended Agreement and is qualified in its entirety by reference to a copy of the Amended Agreement, which will be filed with the Company's next periodic report.
Item 7.01. Regulation FD Disclosure.
On
The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Press Release issued byGladstone Capital Corporation onApril 12, 2022 .
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