Great Elm Capital Corp. (“GECC”) Raises $12 Million of Equity at Net Asset Value
Great Elm Capital Corp. - Closed End Fund (GECC)
Last great elm capital corp. - closed end fund earnings: 11/14 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
greatelmcc.com/investor-relations
Company Research
Source: GlobeNewswire
PALM BEACH GARDENS, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”), (NASDAQ: GECC), a business development company, today announced it issued approximately 1.0 million shares of the Company’s common stock at a current net asset value of $12.03 per share, for an aggregate gross purchase price of $12 million, to Prosper Peak Holdings, LLC (“PPH”). Great Elm Group, Inc. (“GEG”), the parent of the Company’s investment manager, made a $3 million investment in PPH, further aligning it with shareholders. “We have raised $38 million of non-dilutive equity year-to-date, bolstering our efforts to expand the platform,” said Matt Kaplan, GECC’s Chief Executive Officer. “Our gross net asset value by dollars has grown by nearly 80% since management and the board were refreshed in March 2022, benefiting our shareholders as we leverage our infrastructure and build out our portfolio verticals.” Jason Reese, GEG’s Chief Executive Officer, said, “GEG is co
Show less
Read more
Impact Snapshot
Event Time:
GECC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GECC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GECC alerts
High impacting Great Elm Capital Corp. - Closed End Fund news events
Weekly update
A roundup of the hottest topics
GECC
News
- Great Elm Capital Corp. Announces Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Great Elm Capital Corp. Announces Second Quarter 2024 Financial ResultsGlobeNewswire
- Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Great Elm Capital Corp. (“GECC”) Issues $22 Million of Additional GECCI NotesGlobeNewswire
GECC
Earnings
- 8/1/24 - Miss
GECC
Sec Filings
- 9/6/24 - Form APP
- 8/29/24 - Form 40-APP/A
- 8/22/24 - Form 8-K
- GECC's page on the SEC website