---
schema_version: "secwatch.filing_event.v1"
accession: "0001567619-22-009547"
form_type: "8-K"
ticker: "GEG"
cik: "0001831096"
company_name: "Great Elm Group, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:58:46.670452+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Great Elm Group acquires Monomoy REIT management agreements for $10M; AUM doubles to $572M

## Summary
- Upfront purchase price of $10M paid with $2.5M in GEG stock, $1.25M in GECC stock, and $6.3M promissory note at 6.5% interest.
- GEG committed to invest $15M into Monomoy REIT, intends additional $15M over next 12 months.
- ICAM may receive two earnout payments of up to $1M each based on FY2023 and FY2024 financial metrics.
- Transaction approved by disinterested directors; Jason Reese (GEG Executive Chairman) is co-founder/CEO of ICAM, creating related-party status.
- AUM increases from $224M to $572M; Monomoy REIT holds 108 net-leased industrial properties valued at $348M (as of March 31, 2022).

## SEC filing metadata
- accession: 0001567619-22-009547
- form_type: 8-K
- ticker: GEG
- cik: 0001831096
- company_name: Great Elm Group, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831096/000156761922009547/0001567619-22-009547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831096/000156761922009547/brhc10037148_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001567619-22-009547
- JSON: https://secwatch.observer/filing/0001567619-22-009547.json
- Plain text: https://secwatch.observer/filing/0001567619-22-009547.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.