other material
confidence high
sentiment neutral
materiality 0.55
Great Elm Capital Corp. files $100M ATM equity distribution agreement with Lucid Capital Markets
Great Elm Capital Corp.
- Entered agreement to sell up to $100M of common stock in at-the-market offerings.
- Agent Lucid Capital Markets will receive up to 2.0% commission on gross sales price.
- Sales price per share will not be less than net asset value (NAV) per share at time of sale.
- Adviser may contribute proceeds to ensure no sales below NAV per share.
- Prospectus supplement filed with SEC on May 6, 2025.