secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Capital Corp. (GECC)
CIK:        0001675033
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000950170-23-017450
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Capital Corp Q1 NII grows 26% to $2.8M; NAV per share recovers to $11.88
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- Net investment income $2.8M ($0.37/share), up 26% from $2.3M ($0.30) in Q4 2022.
- Net assets $90.3M; NAV per share $11.88, up from $11.16 at Dec 2022.
- Board declared Q2 dividend of $0.35/share, payable June 30, record June 15.
- GEHF closed $50M committed credit line with Encina Lender Finance, plus $50M uncommitted accordion.
- Total investments $226.9M; debt portfolio weighted avg current yield 13.2%; 57.9% floating rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675033/000095017023017450/0000950170-23-017450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675033/000095017023017450/gecc-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017450

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