Great Elm Capital

Great Elm Capital Corp. is an externally managed non-diversified closed-end management investment company. Its objective is to generate risk-adjusted returns through both current income and capital appreciation. The fund invests primarily in the debt of private middle-market companies with enterprise values typically between $100 million and $2 billion and a focus on special situations and catalyst-driven opportunities. The company was founded on April 25, 2016 and is headquartered in Waltham, MA.

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Great Elm Capital (GECC) reports strong Q1 performance and strategic growth outlook

GECC's Q1 2024 performance reflects a robust financial position, income generation capabilities, and strategic diversification initiatives.
While facing challenges related to illiquid investments and deal originations, GECC remains focused on prudent investment decisions and growth opportunities.
The company's emphasis on credit quality, income generation, and strategic investments positions it well to navigate market challenges and capitalize on emerging opportunities.

Great Elm Capital Corp reports mixed Q2 performance and growth opportunities

Great Elm Capital Corp's Q2 2024 performance reflects a mix of successes and challenges in its financial operations.
The company's strategic strengths lie in its focus on high-return investments and prudent financial management.
While facing operational and debt-related challenges, GECC has opportunities to optimize its capital structure and drive growth.
Investors can benefit from the company's commitment to shareholder returns and potential for enhanced profitability.

Great Elm Capital (GECC) reports record Q3 performance and strategic growth initiatives

Great Elm Capital (GECC) delivered exceptional performance in Q3 2024, achieving record investment income and strengthening its portfolio composition.
Despite facing potential challenges in sustaining high performance, GECC's strategic initiatives and financial flexibility position it well for future growth.
By capitalizing on opportunities for further issuances and optimizing its capital structure, GECC can continue to drive value for investors and enhance portfolio returns.

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After driving the organization's operations and dramatically contributing to its growth and profitability as a unique specialty finance company for over 18 years, Harvey will now serve as Vice Chairman Emeritus while he focuses on family and life pursuits. After driving the organization's operations and dramatically contributing to its growth and profitability as a unique specialty finance company for over 18 years, Harvey will now serve as Vice Chairman Emeritus while he focuses on family and life pursuits.

Lenders Funding Announces Retirement of Chief Operating Officer and Chief Credit Officer, Harvey Friedman and Appointment of John Benkovich

Great Elm Capital Corporation (NASDAQ:GECC ) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET Company Participants Garrett Edson - Investor Relations Matt Kaplan - Chief Executive Officer Keri Davis - Chief Financial Officer Conference Call Participants Operator Greetings and welcome to the Great Elm Capital Corp. Second Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Great Elm Capital Corporation (GECC) CEO Matt Kaplan on Q2 2022 Results - Earnings Call Transcript

Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today

Great Elm Capital Corp. Announces Second Quarter 2022 Financial Results

Conference Call Scheduled for Thursday, August 4, 2022 at 11:00 a.m. ET Conference Call Scheduled for Thursday, August 4, 2022 at 11:00 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2022 Earnings Release and Conference Call

The heavy selling pressure might have exhausted for Great Elm Capital (GECC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down 13.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Great Elm Capital (GECC)

Down 13.6% in 4 Weeks, Here's Why Great Elm Capital (GECC) Looks Ripe for a Turnaround

WALTHAM, Mass., May 17, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the terms of its previously announced non-transferable subscription rights offering to purchase shares of its common stock.

Great Elm Capital Corp. Announces Launch of Non-Transferable Rights Offering

Great Elm Capital Corp (NASDAQ:GECC ) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants Garrett Edson - ICR Matt Kaplan - CEO Keri Davis - CFO Conference Call Participants Brian Alexitch - Greenwich Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Great Elm Capital Corp. First Quarter 2022 Financial Results Conference Call.

Great Elm Capital Corp (GECC) CEO Matt Kaplan on Q1 2022 Results - Earnings Call Transcript

Company to Host Quarterly Conference Call and Webcast at 11:30 AM ET Today Company to Host Quarterly Conference Call and Webcast at 11:30 AM ET Today

Great Elm Capital Corp. Announces First Quarter 2022 Financial Results

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WALTHAM, Mass., March 15, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC”) (NASDAQ: GECC), today announced that Chad Perry has been appointed to its Board of Directors. Mr. Perry's appointment, along with recent additions Matthew Drapkin and Richard Cohen, represent the Board's focused efforts to enhance its leadership to support GECC's growth objectives.

Great Elm Capital Corp. Announces New Board Member

Great Elm Capital Corp (GECC) CEO Matt Kaplan on Q4 2021 Results - Earnings Call Transcript

WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC”) (NASDAQ: GECC), a business development company, today announced that it has launched Great Elm Utica, LLC (“GEU”), a joint venture between GECC and Utica Leaseco, LLC (“Utica”), to co-invest in proprietary equipment financing transactions sourced by Utica.

Great Elm Capital Corp. Continues Specialty Finance Expansion, Launches a Joint Venture With Utica Leaseco, LLC

WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“GECC”) (NASDAQ: GECC) announced today that its Board of Directors has approved a non-transferable rights offering to purchase shares of GECC's common stock and has filed a registration statement with the Securities and Exchange Commission (“SEC”) related to the proposed rights offering.

Great Elm Capital Corp. Announces Approval Of $50 Million Rights Offering

New members will enhance board's focus on portfolio performance and value for shareholders New members will enhance board's focus on portfolio performance and value for shareholders

Great Elm Capital Corp. Announces New Board Leadership

WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced that Peter Reed has resigned as Chief Executive Officer and stepped down from its board of the directors (the “Board”). The Board has unanimously appointed Matt Kaplan as CEO effective immediately.

Great Elm Capital Corp. Announces CEO Transition

Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today

Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2021 Financial Results

Great Elm Capital (GECC) Loses 16.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Conference Call Scheduled for Friday, March 4, 2022, at 11:00 a.m. ET Conference Call Scheduled for Friday, March 4, 2022, at 11:00 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

WALTHAM, Mass., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that it has acquired a majority equity interest in Sterling Commercial Credit, LLC (“Sterling”) a leading asset-based lender.

Great Elm Capital Corp. Expands Its Specialty Finance Footprint With the Purchase of a Majority Equity Interest in Sterling Commercial Credit

WALTHAM, Mass., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“GECC” or the “Company”) (NASDAQ: GECC), a business development company, announced today that its Board of Directors has approved a 6-for-1 reverse stock split of the Company's outstanding common stock. As a result of the reverse stock split, every six shares of the Company's issued and outstanding common stock will be converted into one share of issued and outstanding common stock. No fractional shares will be issued as a result of the reverse stock split. Any fractional shares to be received as a result of the reverse stock split will be redeemed for cash at the closing market price on the business day immediately prior to the effective date of the reverse stock split. The reverse stock split is expected to be effective for trading purposes on February 28, 2022.

Great Elm Capital Corp. Announces Reverse Stock Split

WALTHAM, Mass., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its fourth quarter 2021 distribution of $0.10 per share in cash is payable on December 30, 2021 to stockholders of record as of December 15, 2021.

Great Elm Capital Corp. Announces Record and Payment Dates for Fourth Quarter 2021 Quarterly Cash Distribution of $0.10 Per Share

WALTHAM, Mass., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Great Elm Specialty Finance, a newly formed, wholly owned subsidiary of Great Elm Capital Corp. (“GECC,” “we,” “us,” or “our”) (NASDAQ: GECC), a business development company, today announced a new leadership appointment intended to foster the company's private direct lending solutions to middle market borrowers primarily across the US. Michael P. Keller, a seasoned professional with significant experience in direct lending, will head its specialty finance efforts with particular focus on asset-based lending, asset backed lending, cash flow, and subordinated debt investing.

Great Elm Capital Corp. Appoints Michael P. Keller as President of its Specialty Finance Business

Great Elm Capital Corp (GECC) CEO Peter Reed on Q3 2021 Results - Earnings Call Transcript

News for Great Elm Capital ETF (GECC)