secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Group, Inc. (GEG)
CIK:        0001831096
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001193125-26-208889
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Q3 net loss $13.5M; repurchases 1.4M shares, increases buyback to $40M
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- Net loss of $13.5M vs $4.5M prior year; revenue $3.4M up 7%.
- Fee-paying AUM $528M (-7% YoY); total AUM $744M (-3%).
- Unrealized losses of $9.8M driven by GECC share price volatility.
- Repurchased 1.4M shares at avg $2.04; board increased buyback authorization to $40M.
- CoreWeave investment: cumulative distributions $6.8M exceeding $5M cost; remaining value ~$7.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831096/000119312526208889/0001193125-26-208889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831096/000119312526208889/geg-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-208889

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