Form 8-K Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 29, 2010  

Gladstone Investment Corporation
(Exact name of registrant as specified in its charter)


Delaware 		 
814-00704 		 
83-0423116
(State or other jurisdiction
of incorporation) 		  (Commission File Number)   (IRS Employer Identification No.)


 
1521 Westbranch Drive, Suite 200, McLean, Virginia 		 
22102 		 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (703) 287-5800



Not Applicable
(Former name or former address, if changed since last report)



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:
    [    ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    [    ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    [    ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    [    ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.01. Completion of Acquisition or Disposition of Assets.

On June 29, 2010, Gladstone Investment Corporation (the "Company") sold its equity investment in A. Stucki Holding Corporation ("A. Stucki") to an affiliate of Quad-C Management, Inc. and to certain members of the management of A. Stucki and received full repayment of its debt investment in A. Stucki. The net cash proceeds to the Company from the sale of its equity in A. Stucki were $21.7 million, resulting in a realized gain of $17.2 million. At the same time, the Company has received $30.6 million in payment of its principal and accrued interest on the loans to A. Stucki. In March 2007, Gladstone Investment made its original equity investment and provided debt financing in support of a management led buyout of A. Stucki, which primarily designs, manufacturers, and re-conditions products used in the construction and repair of railroad freight cars.

Item 7.01. Regulation FD Disclosure.

On June 29, 2010, Gladstone Investment Corporation issued a press release announcing the above mentioned sale and repayment. The text of the press release is included as an exhibit to this Form 8-K. Pursuant to the rules and regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein and herein are deemed to be furnished and shall not be deemed to be filed.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

99.1 Press Release issued by Gladstone Investment Corporation on June 29, 2010.

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Gladstone Investment Corporation
(Registrant)
June 29, 2010
(Date) 		  /s/   DAVID WATSON
David Watson
Chief Financial Officer