{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-057728","form_type":"8-K","ticker":"GECC","cik":"0001675033","company_name":"Great Elm Capital Corp.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.025279+00:00","generated_at":"2026-06-09T00:33:29.224439+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Great Elm Capital Corp Q3 NII $0.40/share, NAV rises to $12.88, dividend $0.35","bullets":["NII $3.1M ($0.40/share) vs $0.44 prior; NII covered dividend for third straight quarter.","Net assets $97.9M ($12.88/share), up from $92.9M ($12.21); coverage 168.4% vs 161.5%.","Refinanced $42.8M of 6.50% notes due 2024 with $40M of new 8.75% notes due 2028 and cash.","Quarterly dividend of $0.35/share for Q4 2023 (15.8% yield on $8.88 price).","Total investment income $9.3M; cash income highest ever, only 12% from PIK/accretion."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-057728","json":"https://secwatch.observer/filing/0000950170-23-057728.json","markdown":"https://secwatch.observer/filing/0000950170-23-057728.md","text":"https://secwatch.observer/filing/0000950170-23-057728.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1675033/000095017023057728/0000950170-23-057728-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1675033/000095017023057728/gecc-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:33:29.224439+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ed3fd378714f1576abbaea260d15a3f77a93cc80","claim":"Great Elm Capital Corp. reported the third quarter ended September 30, 2023 results: revenue $9.3 million, EPS $1.02 per share.","evidence_excerpt":"▪ Third consecutive quarter of NII more than covering the dividend, even after refinancing items. ▪ Highest cash income quarter in the Company’s history, with only 12% of GECC’s $9.3 million Total Investment Income attributable to PIK and accretion income. ▪ Net assets increased to $97.9 million, or $12.88 per share, on September 30, 2023, as compared to $92.9","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1675033/000095017023057728/0000950170-23-057728-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$9.3 million"},{"label":"EPS","value":"$1.02 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}