secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Group, Inc. (GEG)
CIK:        0001831096
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001193125-26-037631
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Q2 net loss $16.5M; revenue down, unrealized losses $14.4M
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- Net loss of $16.5M vs net income of $1.4M a year ago; revenue fell to $3.0M from $3.5M.
- Unrealized loss of $14.4M on GECC stock, SPVs, and CoreWeave; realized gain of $2.3M.
- Fee-paying AUM grew 4% YoY to $561M; total AUM $740M.
- Repurchased ~1.1M shares (over 3% outstanding) at avg $2.47; $12.3M remaining under $25M buyback.
- CoreWeave investment has distributed $5.8M, exceeding $5M original cost; private credit fund orderly wind-down.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831096/000119312526037631/0001193125-26-037631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831096/000119312526037631/geg-20260204.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-037631

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer