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GAIN: Schylling's Needoh Viral Toy Is Moving the NAV

Needoh Nice Cube is the most viral toy of 2026. Schylling is private, but GAIN owns it. Management named Needoh by name as the driver of Schylling's EBITDA surge in Q3 FY2026.

GAIN Gladstone Investment Schylling Needoh viral toy Needoh Nice Cube 2026 GAIN BDC NAV viral toy investment TikTok toy demand signal Schylling EBITDA growth

Needoh is the most viral toy of 2026, and the company that makes it is private. There is one publicly traded company that owns it, and management has confirmed, by name, on a recorded earnings call, that Needoh's demand directly drove a meaningful increase in portfolio value. The market has not connected these two facts cleanly. Gladstone Investment Corporation (Nasdaq: GAIN) owns Schylling, the maker of Needoh, as a buyout portfolio company. GAIN's stock trades at approximately $14.17, a 5% discount to its last reported NAV of $14.95 per share.

What Changed

Needoh Nice Cube, a 2.25-inch gel-f

Paradox Intelligence Research

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