Great Elm Capital Corp. ("GECC") Raises $13.2 Million of Equity at Net Asset Value
Investment Announcement: Great Elm Capital Corp. issued approximately 1.1 million shares at a net asset value of $12.06 per share, raising $13.2 million from Summit Grove Partners, LLC, while Great Elm Group, Inc. invested $3.3 million in SGP to align interests with shareholders.
Growth and Strategy: GECC's CEO highlighted that nearly $50 million of equity has been raised year-to-date, significantly increasing the company's gross net asset value since management changes in March 2022, as they continue to expand their portfolio and credit platform.
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Janney Montgomery Scott Keeps Neutral Rating on Great Elm Capital, Reduces Price Target to $10
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Great Elm Capital Corp. (GECC) Announces Date for Third Quarter 2025 Earnings Release and Conference Call
Financial Results Announcement: Great Elm Capital Corp. will release its third-quarter financial results for the period ending September 30, 2025, on November 4, 2025, after market close.
Conference Call Details: A conference call to discuss the financial results is scheduled for November 5, 2025, at 8:30 a.m. ET, with dial-in numbers provided for both U.S. and international participants.
Accessing the Call: Participants are encouraged to join the call five minutes early and use the passcode "GECC." A slide presentation will be available on the company's website after the earnings release.
Company Overview: Great Elm Capital Corp. is a business development company focused on generating income and capital appreciation through investments in debt and equity securities, particularly in specialty finance and CLOs.
