Business Context and Reporting Period
Company: Gladstone Commercial Corporation
Filing Type: Form 8-K (Current Report)
Date: February 3, 2011
Context: The Company announced the closing of an underwritten public offering of common stock pursuant to a prospectus supplement dated January 28, 2011, and a base prospectus dated September 27, 2010.
Key Financial Metrics
Capital Raised: The filing confirms the sale of 725,000 shares of common stock. The specific offering price per share and total gross proceeds are not explicitly stated in the text of this Form 8-K; they are referenced in the attached press release (Exhibit 99.1).
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: This filing does not provide financial statements or specific values for revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
The primary material change reported is the increase in outstanding common shares by 725,000 following the closing of the public offering. No other material changes to operations or financial condition are detailed in this specific report.
Guidance, Outlook, and Risks
Management Commentary: The filing serves as a regulatory disclosure of the transaction closing. Detailed management commentary, future guidance, or specific risk factors related to the offering are contained in the referenced press release (Exhibit 99.1) and the underlying prospectus documents, not in the body of this 8-K.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Verify the offering price per share and total gross proceeds by reviewing the attached Press Release (Exhibit 99.1).
- Confirm the use of proceeds from the offering as detailed in the prospectus supplement dated January 28, 2011.
- Review the updated share count and capitalization table post-offering.
- Check for any underwriting discounts or commissions deducted from the gross proceeds.