Highest-materiality recent filing
Great Elm Capital Corp. Q2 2026 NII $0.32/sh, NAV $7.95, declares $0.25 dividend
NII of $0.32 per share for Q2 2026; total investment income $10.9M, up from $9.5M QoQ.
Great Elm Capital Corp. to redeem $6.5M of 8.50% Notes due 2029 on Aug 19, 2026
Company exercises option to redeem $6,500,000 aggregate principal of 8.50% Notes due 2029 (CUSIP 390320885).
Great Elm Capital extends credit facility maturity to June 2029; pays $350K extension fee
Sixth Amendment with City National Bank extends Revolving Maturity Date to June 8, 2029 (or March 31, 2029 if 8.50% notes not refinanced).
Directors Kuperschmid and Cohen reelected at Great Elm Capital Corp. annual meeting
Mark Kuperschmid reelected with 6,104,023 votes for, 1,162,844 withheld.
GECC posts Q1 NII $0.36/shr, appoints Jason Reese CEO, waives incentive fees
Q1 NII $5.0M ($0.36/shr) vs $4.4M ($0.31/shr) QoQ; total investment income $9.5M, down from $12.6M.
Great Elm Capital Corp. to redeem all 5.875% Notes due 2026 on May 27, 2026
Redemption of all outstanding 5.875% Notes (CUSIP 390320604, NASDAQ: GECCO) on May 27, 2026.
Great Elm Capital Corp. to redeem $20M of 5.875% Notes due 2026 on March 31, 2026
Company exercises option to redeem $20M aggregate principal of its 5.875% Notes due 2026 (GECCO) at 100% of par.
Great Elm Capital reports Q4 NII of $0.31/share, appoints Jason Reese as Executive Chairman
Net investment income of $0.31 per share in Q4 2025, up >50% from $0.20 in Q3 2025.
GECC Q3 NAV per share $10.01, NII $0.20; maintains $0.37 dividend, $10M buyback
Q3 NAV per share $10.01 vs $12.10 in Q2, drop driven by First Brands bankruptcy unrealized losses of ~$24.4M.
Great Elm Capital Corp. updates on First Brands bankruptcy; expects ~$1.15-$1.25/sh NAV hit
First Brands (auto parts) bankruptcy: GECC places $9.3M First Lien and $16.2M Second Lien loans on non-accrual; direct NAV impact ~$16.5M, or $1.15-$1.25/sh.
Underwriters exercise over-allotment for $7.5M of Great Elm Capital's 7.75% Notes due 2030
Underwriters exercised over-allotment in full for $7.5M of 7.75% Notes due 2030 on Oct 1, 2025.
Great Elm Capital Corp. issues $50M of 7.75% Notes due 2030
Issued $50M aggregate principal of 7.75% Notes due 2030; underwriters have option for additional $7.5M until Oct 4, 2025.
Great Elm Capital Corp. announces $50M offering of 7.75% notes due 2030
Offering of $50M aggregate principal amount of 7.75% notes due 2030, plus $7.5M overallotment option.
Redeems $30M aggregate principal of 8.75% Notes due 2028 (CUSIP 390320 802) on Sept 30, 2025 at 100% of par plus accrued interest.
Great Elm Capital Corp. raises $15M equity via 1.29M share issuance to affiliate of Booker Smith
Issued 1.29M shares at $11.65/share for gross proceeds of $15.0M to an affiliate of newly appointed director Booker Smith.
Great Elm upsizes revolver to $50M, cuts rate to SOFR+2.50%
Revolving facility increased from $25M to $50M, with option to raise to $90M.
Great Elm Capital reports record Q2 TII $14.3M; NII $0.51/sh, NAV $12.10
Record total investment income $14.3M; NII $5.9M ($0.51/sh), up from $0.40/sh in Q1 2025.
Great Elm Capital Corp. stockholders elect Chad Perry as director, ratify Deloitte as auditor
Director Chad Perry elected with 7,225,709 votes for, 678,522 withheld; broker non-votes 2,067,510.
Great Elm Capital Corp. files $100M ATM equity distribution agreement with Lucid Capital Markets
Entered agreement to sell up to $100M of common stock in at-the-market offerings.
Great Elm Capital Corp posts record Q1 TII of $12.5M; NII $0.40/share, dividend raised to $0.37
Total investment income record $12.5M ($1.08/share); NII $4.6M ($0.40/share) vs $2.1M ($0.20) in Q4 2024.
GECC Q4 NII down to $0.20/share; Board raises dividend 5.7% to $0.37
Q4 NII $2.1M ($0.20/sh) vs $4.1M ($0.39/sh) in Q3; pressured by lower CLO JV distributions and financing costs.
Special cash distribution of $0.05 per common share payable Jan 15, 2025 to holders of record Dec 31, 2024.
Great Elm Capital raises $13.2M in private placement at NAV; GEG invests $3.3M in purchaser
Issued 1,094,527 common shares at $12.06 NAV per share to Summit Grove Partners for $13.2M.
Great Elm Capital Q3 NII $0.39/share exceeds $0.35 dividend; record total investment income $11.7M
Q3 2024 NII $4.1M ($0.39/share), up from $3.1M ($0.32/share) in Q2 2024.
Great Elm Capital Corp. issues $36M of 8.125% notes due 2029 to refinance 2025 notes
Issued $36M aggregate principal of 8.125% notes due 2029; underwriters can purchase up to $5.4M more.
Conditional redemption of all outstanding 6.75% Notes due 2025 at 100% of principal plus accrued interest.
Great Elm Capital Corp. amends CLO JV agreement, admits Crown LB as 5% member
JV formed to invest in CLO entities and warehouse facilities; GECC owns 71.25%, Green 23.75%, Crown 5.0%.
GECC Q2 NII $0.32 vs $0.37 Q1; NAV $12.06; illiquid asset write-downs $0.39/sh
Net investment income $3.1M ($0.32/sh) vs $3.2M ($0.37/sh) Q1; GAAP EPS ($0.14).
Great Elm Capital issues $22M additional 8.50% notes due 2029 in registered direct offering
GECC issued $22M additional aggregate principal of 8.50% Notes due 2029 (GECCI) to an institutional investor.
Great Elm Capital Corp. Raises $12M Equity at Net Asset Value from Prosper Peak Holdings
Issued 997,506 shares of common stock at net asset value of $12.03 per share for aggregate proceeds of approximately $12 million.
Great Elm Capital Corp. reports annual meeting voting results; directors elected
Matthew A. Drapkin elected with 5,677,486 votes for, 381,662 withheld.
GECC Q1 NII $0.37/share covers $0.35 dividend; NAV falls to $12.57 on $0.55 write-downs
NII per share $0.37 vs $0.43 in Q4 2023; EPS ($0.05) due to unrealized losses.
Great Elm Capital Corp. forms CLO investment JV with Green SPE, LLC
GECC owns 75% of CLO Formation JV; Green SPE, LLC owns 25%.
Great Elm Capital Corp. issues $30M of 8.50% notes due 2029; net proceeds ~$28.6M
Issued $30M aggregate principal of 8.50% unsecured notes due April 30, 2029; up to $4.5M over-allotment option until May 9, 2024.
Great Elm Capital Q4 NII $0.43/share; raised $24M equity at NAV; dividend $0.35
Q4 NII $3.3M ($0.43/sh) vs $3.1M ($0.40) in Q3; full-year NII $12.5M ($1.65) exceeded $1.50 dividends.
Great Elm Capital raises $24M equity at NAV; Q4 NAV $12.99/share, NII $0.43; declares $0.35 dividend
Issued 1,850,424 shares at $12.97 NAV/share for $24M gross in private placement; $6M from Great Elm Group.
Great Elm Capital Corp. declares $0.10 special cash distribution payable Jan 12, 2024
Special distribution of $0.10 per common share declared on December 12, 2023.
Great Elm Capital Corp. extends revolver to 2027, cuts rate by 50 bps
Amended $25M revolving credit facility; maturity extended from May 2024 to May 2027 with springing maturity tied to note refinancings.
Great Elm Capital Corp Q3 NII $0.40/share, NAV rises to $12.88, dividend $0.35
NII $3.1M ($0.40/share) vs $0.44 prior; NII covered dividend for third straight quarter.
Great Elm Capital Corp. issues $40M of 8.75% notes due 2028 to refinance existing debt
Issued $40M aggregate principal of 8.75% notes due 2028 (up to $46M with over-allotment).
Redeems all outstanding 6.50% Notes due 2024 on Sept 7, 2023, at 100% of principal plus accrued interest.
Great Elm Capital Corp. Q2 NII up 19% to $0.44/share, covers dividend; NAV grows to $12.21
Net investment income of $3.4M ($0.44/share), second consecutive quarter covering $0.35 dividend.
Stockholders elected Mark Kuperschmid with 4,291,928 votes for and 279,697 withheld; Richard Cohen with 4,285,234 for and 286,391 withheld.
Great Elm Capital Corp Q1 NII grows 26% to $2.8M; NAV per share recovers to $11.88
Net investment income $2.8M ($0.37/share), up 26% from $2.3M ($0.30) in Q4 2022.
Great Elm Capital Corp. sets 2023 Annual Meeting for June 1
Annual Stockholders' Meeting scheduled for June 1, 2023.
Great Elm Capital Q4 2022 NII $0.30/share, NAV $11.16, declares $0.35 dividend
NII $2.3M ($0.30/share) more than doubled from Q3 2022 ($0.14) on higher-yielding floating-rate investments.
Great Elm Capital Corp. launches healthcare finance venture with Berkadia as minority partner
Launched Great Elm Healthcare Finance, LLC with Berkadia Commercial Mortgage as strategic minority partner.
Great Elm Capital Corp Q3 2022 NII $0.14/sh; NAV $12.56; declares $0.45 dividend
Net investment income $1.1M ($0.14/sh) vs. $0.23/sh in Q2; costs tied to healthcare platform formation.
Great Elm Capital Corp. Q2 NII $0.23/sh, NAV drops to $12.84; declares $0.45 dividend
NII per share $0.23 vs $1.31 in Q1; EPS ($0.87) on realized/unrealized losses of ($5.7M).
Shareholders approve IMA amendment resetting $163.2M loss carryforward for incentive fee calc
Stockholders approved amendment to Investment Management Agreement to eliminate $163.2M of realized/unrealized losses from capital gains incentive fee calculation.
Upon Mr. Reese's assumption of this role, Matt Kaplan, who was appointed President and Chief Executive Officer of the Company effective March 4, 2022, concluded his service as the Company's President and Chief Executive Officer.
On May 1, 2026, the Company's board of directors appointed Jason W. Reese to serve as the Company’s Chief Executive Officer effective immediately following the filing of the Company’s Form 10-Q for the period ended March 31, 2026.
On March 15, 2022, the Board of Directors (the “Board”) of Great Elm Capital Corp. (the “Company”) appointed Chad Perry as a Class III Director to fill a vacancy on the Board.
the Board also appointed Richard Cohen as a Class I director
On March 2, 2022, Peter Reed notified the Company that he would resign from his position as the Company’s Chief Executive Officer and President and as Chairman of the Board
each of Randall Revell Horsey and Michael Speller notified the Company that they would resign from the Board
On March 4, 2022, the Board appointed Matt Kaplan, age 35, as the Company’s Chief Executive Officer and President.
each of Randall Revell Horsey and Michael Speller notified the Company that they would resign from the Board
Max materiality 0.85 · Median 0.65 · Most common event earnings