STOCK TITAN

Great Elm Capital. Corp. - $GECC STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Great Elm Capital.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Great Elm Capital.'s position in the market.

Rhea-AI Summary
Great Elm Capital Corp. (GECC) will release its financial results for the third quarter ended September 30, 2023 on November 2, 2023. A conference call to discuss these results will be held at 8:30 a.m. ET. Participant dial-in numbers are (877) 407-0789 for the United States and (201) 689-8562 for international callers. The passcode for the call is 'GECC'. A slide presentation will be available on the company's Investor Relations website after the earnings release. The call and presentation will also be webcasted via the Investor Relations section of GECC's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
-
Rhea-AI Summary
Great Elm Capital Corp. (GECC) has priced its underwritten public offering of $40 million aggregate principal amount of 8.75% notes due 2028. The offering will result in net proceeds of approximately $38.2 million for the company. The notes can be redeemed in whole or in part starting from September 30, 2025. The underwriters have a 30-day option to purchase an additional $6 million aggregate principal amount of notes. The transaction is subject to customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Great Elm Capital Corp. (GECC) has announced the commencement of an underwritten public offering of unsecured notes due 2028. The Notes are expected to be listed on The Nasdaq Global Market under the trading symbol 'GECCZ.' The Company plans to use the net proceeds from the offering to redeem its outstanding 6.50% notes due 2024, and for general corporate purposes. Ladenburg Thalmann, Janney Montgomery Scott, and Oppenheimer are acting as joint book-running managers for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.33%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
Great Elm Capital. Corp.

Nasdaq:GECC

GECC Rankings

GECC Stock Data

96.51M
9.45M
37.39%
22%
0.16%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
WALTHAM

About GECC

great elm capital corp. (nasdaq: gecc, “gecc”) is an externally managed, specialty finance company focused on investing in the debt instruments of middle market companies. gecc has elected to be regulated as a business development company (“bdc”) under the investment company act of 1940, as amended. gecc is managed by great elm capital management (“gecm”). gecm’s investment team has deployed more than $17 billion into more than 550 issuers across 20+ jurisdictions over the team’s 14 year history under mast capital management, llc. now led by peter a. reed, gecc’s chief executive officer, gecm’s investment team has more than 100 years of aggregate experience financing and investing in leveraged middle market companies. investment objective: gecc’s investment objective is to generate both current income and capital appreciation, while seeking to protect against risk of permanent capital loss. gecc will invest predominantly in the debt securities of middle market companies, which gecm def