Highest-materiality recent filing
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 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.
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.
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 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 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.
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.
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.
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.
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.
Max materiality 0.85 · Median 0.65 · Most common event debt