{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-012860","form_type":"8-K","ticker":"GECC","cik":"0001675033","company_name":"Great Elm Capital Corp.","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.070343+00:00","generated_at":"2026-06-06T05:41:22.422243+00:00","sec_items":["1.01","2.02","3.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Great Elm Capital raises $24M equity at NAV; Q4 NAV $12.99/share, NII $0.43; declares $0.35 dividend","bullets":["Issued 1,850,424 shares at $12.97 NAV/share for $24M gross in private placement; $6M from Great Elm Group.","Preliminary Q4 2023 NAV of $98.7M ($12.99/share) and net investment income of $0.43/share.","Board declared Q1 2024 distribution of $0.35/share, equating to 14.6% yield on Feb 8 close of $10.26.","CEO says non-dilutive capital supports growth strategy and portfolio diversification."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-012860","json":"https://secwatch.observer/filing/0000950170-24-012860.json","markdown":"https://secwatch.observer/filing/0000950170-24-012860.md","text":"https://secwatch.observer/filing/0000950170-24-012860.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1675033/000095017024012860/0000950170-24-012860-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1675033/000095017024012860/gecc-20240208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T05:41:22.422243+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":"d1f12074207141fc6ac5b43711feb4d7412d59c5","claim":"Great Elm Capital Corp. reported the three months ended December 31, 2023 results: net income $0.43 per share.","evidence_excerpt":"Net investment income of the Company of $0.43 per share of the Company’s common stock for the three months ended December 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1675033/000095017024012860/0000950170-24-012860-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2023"},{"label":"Net income","value":"$0.43 per share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"0e299bcd023579a1ad04ad21cec5f12c9b26fb6b","claim":"Great Elm Capital Corp. entered into Share Purchase Agreement with Great Elm Strategic Partnership I, LLC valued at an aggregate purchase price of $24 million (effective 2024-02-08).","evidence_excerpt":"On February 8, 2024, Great Elm Capital Corp. (the “Company”) entered into a Share Purchase Agreement with Great Elm Strategic Partnership I, LLC (the “Purchaser”), pursuant to which the Purchaser purchased, and the Company issued, 1,850,424 shares of the Company’s common stock, par value $0.01 (the “Shares”), at a current net asset value of $12.97 per share or an aggregate purchase price of $24 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1675033/000095017024012860/0000950170-24-012860-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Great Elm Strategic Partnership I, LLC"},{"label":"Value","value":"an aggregate purchase price of $24 million"},{"label":"Effective","value":"2024-02-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}