---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-013685"
form_type: "8-K"
ticker: "GECC"
cik: "0001675033"
company_name: "Great Elm Capital Corp."
filed_at: "2022-08-01T23:59:59+00:00"
generated_at: "2026-06-24T06:32:35.218410+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve IMA amendment resetting $163.2M loss carryforward for incentive fee calc

## Summary
- Stockholders approved amendment to Investment Management Agreement to eliminate $163.2M of realized/unrealized losses from capital gains incentive fee calculation.
- Amendment resets capital gain incentive fee and mandatory deferral periods to begin April 1, 2022.
- Chad Perry elected director with 5,046,230 votes for; Deloitte & Touche ratified as auditor for FY2022.
- Amendment approved with 4,935,123 for, 161,086 against, 319,903 abstain.

## SEC filing metadata
- accession: 0000950170-22-013685
- form_type: 8-K
- ticker: GECC
- cik: 0001675033
- company_name: Great Elm Capital Corp.
- filed_at: 2022-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675033/000095017022013685/0000950170-22-013685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675033/000095017022013685/gecc-20220801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-013685
- JSON: https://secwatch.observer/filing/0000950170-22-013685.json
- Plain text: https://secwatch.observer/filing/0000950170-22-013685.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.