secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Capital Corp. (GECC)
CIK:        0001675033
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001193125-26-085720
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Capital reports Q4 NII of $0.31/share, appoints Jason Reese as Executive Chairman
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- Net investment income of $0.31 per share in Q4 2025, up >50% from $0.20 in Q3 2025.
- GAAP NAV fell to $8.07 per share from $10.01; pro forma NAV $8.23 after incentive fee waiver of $2.3M.
- Board declared $0.30/share Q1 2026 dividend, annualized yield of 19.2% on $6.26 closing price.
- Jason Reese appointed Executive Chairman, succeeding Matthew Drapkin; Drapkin continues as GEG Vice Chairman.
- Called $20M of GECCO notes for redemption on Mar 31, 2026; $10M common stock repurchase authorized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675033/000119312526085720/0001193125-26-085720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675033/000119312526085720/gecc-20260302.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-085720

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