---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-014484"
form_type: "8-K"
ticker: "GECC"
cik: "0001675033"
company_name: "Great Elm Capital Corp."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:14:41.494278+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Great Elm Capital Corp. Q2 NII $0.23/sh, NAV drops to $12.84; declares $0.45 dividend

## Summary
- NII per share $0.23 vs $1.31 in Q1; EPS ($0.87) on realized/unrealized losses of ($5.7M).
- NAV per share fell to $12.84 from $15.06 (Q1/22) and $23.40 (Q2/21).
- Completed rights offering: ~3.0M shares sold at $12.50, gross proceeds $37.5M.
- Quarterly dividend of $0.45/sh approved for Q4 2022; 14.0% annualized yield on NAV.
- Total investments $204.6M; deployed $44.7M into 27 investments at 9.2% yield.

## SEC filing metadata
- accession: 0000950170-22-014484
- form_type: 8-K
- ticker: GECC
- cik: 0001675033
- company_name: Great Elm Capital Corp.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675033/000095017022014484/0000950170-22-014484-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675033/000095017022014484/gecc-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-014484
- JSON: https://secwatch.observer/filing/0000950170-22-014484.json
- Plain text: https://secwatch.observer/filing/0000950170-22-014484.txt

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