Welcome to our dedicated page for Great Elm Capital news (Ticker: GECC), a resource for investors and traders seeking the latest updates and insights on Great Elm Capital stock.
Great Elm Capital Corp. (GECC) is an externally managed business development company that regularly reports on its investment activity, portfolio performance, and capital structure through earnings releases and SEC filings. As a BDC focused on debt and income-generating equity securities, including specialty finance businesses and CLOs, GECC generates a steady stream of company-specific news relevant to investors who follow corporate credit and income-focused strategies.
News about GECC often centers on its quarterly financial results, where the company discloses total investment income, net investment income, net asset value per share, and details on portfolio deployment and monetizations. These updates also describe the composition of its portfolio across corporate credit, specialty finance, CLO investments, and equity holdings, as well as the weighted average yield and mix of floating versus fixed rate instruments in its debt portfolio.
Another recurring theme in GECC’s news flow is capital markets and balance sheet activity. The company issues press releases on offerings of senior notes, amendments to its revolving credit facility with City National Bank, equity raises through private placements and at-the-market programs, and actions such as share repurchase authorizations. GECC also announces Board decisions on quarterly cash distributions to common shareholders, including the per-share amount and related dates.
Investors can also find event-driven updates, such as GECC’s detailed communication regarding its investments in First Brands Group, LLC following that company’s bankruptcy filing, and preliminary estimates of the impact on net asset value and investment income. Earnings call announcements, including dates, times, and access details for webcasts and slide presentations, provide additional context for those seeking deeper insight into management’s commentary. This news page aggregates these items so readers can track GECC’s financial results, portfolio developments, and financing decisions over time.
Great Elm Capital Corp (NASDAQ: GECC) reported third quarter 2025 results on Nov 4, 2025: NAV fell to $10.01 per share from $12.10 at June 30, driven primarily by losses on First Brands. Total investment income was $10.6M; net investment income was $2.4M (or $0.20 per share) versus $5.9M ($0.51) in Q2. Net realized and unrealized losses were $24.4M for the quarter.
The company raised approximately $27M of equity, refinanced higher-cost notes (issuing $50M of 7.75% GECCG notes), doubled the revolver to $50M and cut its rate by 0.50%. The Board declared a $0.37 quarterly dividend and authorized a $10M share repurchase program. GECC will host a conference call on Nov 5, 2025, 8:30 AM ET.
Great Elm Capital Corp (NASDAQ: GECC) will release third quarter financial results for the period ended September 30, 2025 after market close on Tuesday, November 4, 2025.
The Company will discuss results on a conference call on Wednesday, November 5, 2025 at 8:30 a.m. ET. Participants should dial in about five minutes early and provide passcode “GECC”. Dial-in numbers: US (844) 825-9789, International (412) 317-5180.
An accompanying slide presentation in PDF will be posted in the Events and Presentations section of Great Elm Capital Corp’s website and the call will be simultaneously webcast via the same section.
Great Elm Capital (NASDAQ: GECC) provided an update on its exposure to First Brands after First Brands filed for bankruptcy at end of September 2025. GECC placed its First and Second Lien Term Loans on non-accrual and reported fair values as of Sept 30, 2025: remaining First Lien fair value ~$1.7M (35.2% of $4.8M principal) and Second Lien fair value ~$0.9M (5.5% of $16.2M principal).
GECC estimates a direct net asset value impact of approximately $16.5M and a preliminary NAV per-share hit of about $1.15–$1.25, plus an estimated CLO-related impact of $0.25 per share. GECC also raised ~$27M equity in Q3, issued $50M 7.75% notes (with $7.5M over-allotment), redeemed $40M 8.75% notes, and reports >$20M deployable cash and $50M undrawn revolver.
Great Elm Capital Corp. (NASDAQ: GECC) has priced a public offering of $50.0 million of 7.75% notes due 2030. The notes will generate net proceeds of approximately $48.1 million after expenses and will mature on December 31, 2030.
The notes, trading under symbol GECCG, can be redeemed after December 31, 2027. Underwriters have a 30-day option to purchase up to $7.5 million additional notes. The company plans to use proceeds to redeem outstanding 8.75% notes due 2028, with remaining funds potentially used to repurchase other outstanding notes, repay revolving credit facility, or for general corporate purposes.
The offering, led by Lucid Capital Markets and Piper Sandler as joint book-running managers, is expected to close around September 11, 2025.Great Elm Capital Corp. (NASDAQ: GECC) has announced a public offering of unsecured notes due 2030. The notes will be listed on The Nasdaq Global Market under the symbol "GECCG" within 30 days of issuance. The interest rate and terms will be determined through negotiations with underwriters.
The company plans to use the proceeds primarily to redeem all outstanding 8.75% notes due 2028. Additional proceeds may be used to repurchase other outstanding notes (5.875% due 2026, 8.50% due 2029, and 8.125% due 2029), repay revolving credit facility borrowings, or for general corporate purposes including investments.
Lucid Capital Markets, LLC and Piper Sandler & Co. are serving as joint book-running managers, with Clear Street LLC, InspereX LLC, and Janney Montgomery Scott LLC as co-managers.
Great Elm Capital Corp. (NASDAQ: GECC) has successfully raised $15.0 million through an equity offering of approximately 1.3 million shares at $11.65 per share. The shares, representing 9.9% of GECC's outstanding common stock, were issued to an affiliate of Booker Smith, a newly appointed director of Great Elm Group with expertise in corporate credit and real estate investing.
This equity raise is part of GECC's broader capital strategy, having secured nearly $30 million in equity at net asset value over the past 12 months. The additional capital will support the company's investment strategy focused on debt instruments, income-producing equity, and specialty finance businesses, while strengthening its balance sheet and operational scale.
Great Elm Capital Corp. (NASDAQ: GECC), a business development company, has successfully amended its revolving credit facility with City National Bank. The amendment includes two key improvements: doubling the borrowing capacity from $25.0 million to $50.0 million (with potential increase to $90.0 million), and reducing the interest rate from SOFR plus 3.00% to SOFR plus 2.50%.
CEO Matt Kaplan highlighted that this enhancement reflects the company's growing capital base and strong operational performance since establishing the initial facility in 2021. The improved terms are expected to reduce borrowing costs and provide greater flexibility for funding investment opportunities.
[ "Doubled borrowing capacity from $25M to $50M with potential increase to $90M", "Reduced interest rate by 50 basis points to SOFR + 2.50%", "Demonstrates strong operational performance and growing capital base", "Enhanced flexibility for funding investment opportunities" ]Great Elm Capital Corp. (NASDAQ: GECC) reported strong Q2 2025 financial results, achieving record total investment income of $14.3 million. Net investment income reached $5.9 million ($0.51 per share), up from $4.6 million ($0.40 per share) in Q1 2025.
The company's net asset value increased to $12.10 per share from $11.46, primarily driven by unrealized gains on CoreWeave investment and NII exceeding quarterly distribution by 38%. The Board approved a $0.37 quarterly dividend, representing a 13.5% annualized yield. GECC's portfolio totaled $335.1 million in investments, with a 12.5% weighted average yield on debt portfolio.
The company maintained strong asset coverage at 169.5% and received $4.3 million in cash distributions from its CLO JV.Great Elm Capital Corp. (NASDAQ: GECC), a business development company, has scheduled its second quarter 2025 earnings release and conference call. The company will release financial results for Q2 ended June 30, 2025, after market close on Monday, August 4, 2025.
A conference call to discuss the results will be held on Tuesday, August 5, 2025, at 8:30 a.m. ET. Participants can join via phone using U.S. dial-in (877) 407-0789 or international dial-in (201) 689-8562 with passcode "GECC". The call will include an accompanying slide presentation available through GECC's website, and a simultaneous webcast will be accessible via the company's "Events and Presentations" section.
Great Elm Capital Corp. (NASDAQ: GECC) reported strong Q1 2025 financial results, achieving record total investment income of $12.5 million. The company increased its quarterly distribution by 5.7% to $0.37 per share, representing a 14.7% annualized yield. Net investment income (NII) reached $4.6 million ($0.40 per share), up from $2.1 million in Q4 2024.
The CLO JV contributed significantly, providing $3.8 million in cash distributions during Q1 2025. Net assets were $132.3 million ($11.46 per share) as of March 31, 2025, down from $136.1 million in Q4 2024. The company's portfolio included $341.9 million in total investments, with 62.4% in corporate credit debt investments. The weighted average current yield on the debt portfolio was 12.3%, with 73% in floating rate instruments.
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