Renaissance Capital logo

The Gladstone Companies Withdrawn, Nasdaq: GC

Alternative asset manager with four publicly-traded funds.

Industry: Financials

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Financials

We are an independent United States alternative asset manager with assets under management of approximately $4.1 billion as of December 31, 2022. Our alternative asset management businesses include the management, through our Adviser Subsidiary, of (1) GAIN, a business development company (“BDC”) that primarily invests in debt and equity securities of private businesses operating in the United States, generally with annual earnings before interest, taxes, depreciation and amortization (“EBITDA”) of $3 million to $20 million (“lower middle market”) (including in connection with management buyouts, recapitalization or, to a lesser extent, refinancing of existing debt facilities); (2) GLAD, a BDC that primarily invests in debt securities of established private lower middle market companies in the United States; (3) GOOD, a real estate investment trust (“REIT”) under Section 856 of the Internal Revenue Code of 1986, as amended (the “Code”), which focuses on acquiring, owning and managing primarily office and industrial properties in the United States; and (4) Gladstone Land Corporation (“LAND”), a REIT and natural resources company that focuses on acquiring, owning and leasing farmland in the United States. We also provide various administrative and financial services, including investment banking, due diligence, dealer manager, mortgage placement, and other financial services through our Broker-Dealer Subsidiary.
more less
IPO Data
IPO File Date 02/18/2022
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $50
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $50
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EF Hutton
Company Data
Headquarters McLean, VA, United States
Founded 2001
Employees 82
Website www.gladstonecompanies.com

The Gladstone Companies (GC) Performance