---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-076458"
form_type: "8-K"
ticker: "GECC"
cik: "0001675033"
company_name: "Great Elm Capital Corp."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:30:05.530913+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Great Elm Capital Corp. Raises $12M Equity at Net Asset Value from Prosper Peak Holdings

## Summary
- Issued 997,506 shares of common stock at net asset value of $12.03 per share for aggregate proceeds of approximately $12 million.
- Shares purchased by Prosper Peak Holdings, LLC, a special purpose vehicle 25% owned by Great Elm Group, Inc.
- Great Elm Group invested $3 million in Prosper Peak, aligning its interests with shareholders.
- CEO Matt Kaplan noted the company raised $38 million of non-dilutive equity year-to-date, growing net asset value by nearly 80% since March 2022.

## SEC filing metadata
- accession: 0000950170-24-076458
- form_type: 8-K
- ticker: GECC
- cik: 0001675033
- company_name: Great Elm Capital Corp.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675033/000095017024076458/0000950170-24-076458-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675033/000095017024076458/gecc-20240621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-076458
- JSON: https://secwatch.observer/filing/0000950170-24-076458.json
- Plain text: https://secwatch.observer/filing/0000950170-24-076458.txt

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