{"schema_version":"secwatch.filing_event.v1","accession":"0001133228-24-003850","form_type":"8-K","ticker":"GECC","cik":"0001675033","company_name":"Great Elm Capital Corp.","filed_at":"2024-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.530584+00:00","generated_at":"2026-06-03T21:43:25.045682+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Great Elm Capital Corp. issues $30M of 8.50% notes due 2029; net proceeds ~$28.6M","bullets":["Issued $30M aggregate principal of 8.50% unsecured notes due April 30, 2029; up to $4.5M over-allotment option until May 9, 2024.","Net proceeds ~$28.6M ($32.9M if over-allotment fully exercised); interest payable quarterly beginning June 30, 2024.","Proceeds may be used for general corporate purposes or to redeem/repurchase existing 6.75% notes due 2025, 5.875% notes due 2026, or 8.75% notes due 2028, or repay borrowings."],"urls":{"canonical":"https://secwatch.observer/filing/0001133228-24-003850","json":"https://secwatch.observer/filing/0001133228-24-003850.json","markdown":"https://secwatch.observer/filing/0001133228-24-003850.md","text":"https://secwatch.observer/filing/0001133228-24-003850.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1675033/000113322824003850/0001133228-24-003850-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1675033/000113322824003850/gecc-html7721_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T21:43:25.045682+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":"b9865f0a4a78a67584de36772fd17c0655277c35","claim":"Great Elm Capital Corp. incurred senior notes of $30.0 million aggregate principal amount at 8.50% per year maturing mature on April 30, 2029.","evidence_excerpt":"between the Company and the Trustee (as supplemented by the Sixth Supplemental Indenture, the “Indenture”). The Sixth Supplemental Indenture relates to the Company’s issuance of $30.0 million aggregate principal amount of 8.50% notes due 2029 (the “Notes”) on the date hereof, plus up to an additional $4.5 million aggregate principal amount of Notes that may be issued","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1675033/000113322824003850/0001133228-24-003850-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$30.0 million aggregate principal amount"},{"label":"Rate","value":"8.50% per year"},{"label":"Maturity","value":"mature on April 30, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8b2c386bdbf40266c653894b9a6d337eb427b2c8","claim":"Great Elm Capital Corp. entered into Sixth Supplemental Indenture with Equiniti Trust Company, LLC valued at $30,000,000 (effective 2024-04-17).","evidence_excerpt":"On April 17, 2024, Great Elm Capital Corp. (the “Company”) and Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company, LLC), as trustee (the “Trustee”), entered into a sixth supplemental indenture (the “Sixth Supplemental Indenture”) to the indenture, dated September 18, 2017, between the Company and the Trustee (as supplemented by the Sixth Supplemental Indenture, the “Indenture”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1675033/000113322824003850/0001133228-24-003850-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Equiniti Trust Company, LLC"},{"label":"Value","value":"$30,000,000"},{"label":"Effective","value":"2024-04-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}