{"schema_version":"secwatch.filing_event.v1","accession":"0001133228-24-006505","form_type":"8-K","ticker":"GECC","cik":"0001675033","company_name":"Great Elm Capital Corp.","filed_at":"2024-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.060641+00:00","generated_at":"2026-05-31T22:09:59.728613+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Great Elm Capital issues $22M additional 8.50% notes due 2029 in registered direct offering","bullets":["GECC issued $22M additional aggregate principal of 8.50% Notes due 2029 (GECCI) to an institutional investor.","Notes mature April 30, 2029, bear 8.50% interest payable quarterly, and are unsecured obligations.","Net proceeds ~$21.4M; proceeds for general corporate purposes, may redeem/repurchase other notes or repay bank borrowings.","CEO Matt Kaplan: tack-on debt financing follows $12M equity raise at NAV, optimizes weighted average cost of capital.","Prior $34.5M of same notes outstanding; total now $56.5M in 8.50% Notes due 2029."],"urls":{"canonical":"https://secwatch.observer/filing/0001133228-24-006505","json":"https://secwatch.observer/filing/0001133228-24-006505.json","markdown":"https://secwatch.observer/filing/0001133228-24-006505.md","text":"https://secwatch.observer/filing/0001133228-24-006505.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1675033/000113322824006505/0001133228-24-006505-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1675033/000113322824006505/gecc-html8113_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T22:09:59.728613+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}