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Stock impact report

Gladstone Investment Corporation Exits Its Investment in Nocturne Luxury Villas [Yahoo! Finance]

Gladstone Investment Corporation - Business Development Company (GAIN) 
Last gladstone investment corporation - business development company earnings: 2/4 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstoneinvestment.com
Company Research Source: Yahoo! Finance
its portfolio company Nocturne Luxury Villas, Inc. ("Nocturne" or the "Company") to an affiliate of Calera Capital. As a result of this transaction, Gladstone Investment received full repayment of its debt investment and realized a significant capital gain on its equity investment. Gladstone Investment formed Nocturne in partnership with Aureus Capital, LLC ("Aureus") in 2021. Nocturne was formed as a platform to acquire and integrate luxury vacation rental management companies. The Company currently has operations in St. Barth's; Grand Cayman; Telluride, Colorado; Cabo San Lucas, Mexico; Santa Barbara, California; and Florida's Emerald Coast. "Gladstone Investment has enjoyed a strong partnership with Aureus and Nocturne's management team over the last several years. We are proud to have supported the business across seven separate acquisitions which saw the business transform dramatically," said Erika Highland, Senior Managing Director of Gladstone Investment. "The entire Noctur Show less Read more
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