Great Elm Capital Corp. Announces Second Quarter 2024 Financial Results
Great Elm Capital Corp. - Closed End Fund (GECC)
Last great elm capital corp. - closed end fund earnings: 11/14 06:00 am
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US:NASDAQ Investor Relations:
greatelmcc.com/investor-relations
Company Research
Source: GlobeNewswire
PALM BEACH GARDENS, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter and Other Recent Highlights: In June 2024, the Company raised $12 million of equity at Net Asset Value from Prosper Peak Holdings, LLC (“PPH”), supported by a $3 million investment by Great Elm Group, Inc. (“GEG”) in PPH.In April 2024, the Company issued $34.5 million of 8.50% notes due 2029 (the “GECCI Notes”) to further bolster liquidity and provide balance sheet flexibility. In July, the Company issued $22 million of additional GECCI Notes in a registered direct offering to an institutional investor. Net investment income (“NII”) for the quarter ended June 30, 2024 was $3.1 million, or $0.32 per share, as compared to $3.2 million, or $0.37 per share, for the quarter ended March 31, 2024.Net assets were $126.
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GECC
News
- Great Elm Capital Corp. Prices Public Offering of $36,000,000 of 8.125% Notes Due 2029GlobeNewswire
- Great Elm Capital Corp. Announces Conditional Redemption of 6.75% Notes due 2025GlobeNewswire
- Great Elm Capital Corp. Announces Public Offering of Unsecured Notes [Yahoo! Finance]Yahoo! Finance
- Great Elm Capital Corp. Announces Public Offering of Unsecured NotesGlobeNewswire
- Great Elm Capital Corp. Announces Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
GECC
Earnings
- 8/1/24 - Miss
GECC
Sec Filings
- 9/13/24 - Form 424B1
- 9/13/24 - Form 8-K
- 9/13/24 - Form 497
- GECC's page on the SEC website