Great Elm Capital Corp. 8.75% Notes due 2028
GECCZ
NASDAQ Global Market25.12
USD
-0.06
- -
CIK
0001675033
ISIN
US3903208029
CUSIP
390320802
Return %
Stock
S&P500
1Y
-1.42
26.53
3Y
2.10
76.60
5Y
2.10
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Matt D. Kaplan
- Sector
- Financial Services
- Industry
- Investment - Banking & Investment Services
- Address
- 800 South Street Waltham MD United States of America 02453
- IPO Date
- Nov 4, 2016
- CIK
- 0001675033
- Website
- greatelmcc.com
- Similar Companies
- Business
- Great Elm Capital Corp. (Nasdaq: GECC), an externally managed business development company founded in 2016 and headquartered in Palm Beach Gardens, Florida, seeks to generate current income and capital appreciation through investments primarily in debt and income-generating equity securities of middle-market companies with enterprise values between $100 million and $2 billion, as well as specialty finance businesses; its core portfolio includes secured and senior secured loans, mezzanine debt, preferred equities, asset-based lending (ABL), factoring for small and medium businesses, early-stage business financing, and healthcare-focused secured lending in sectors such as skilled nursing, hospitals, medical centers, home care, and hospice. The company operates across the United States, targeting media, commercial services and supplies, healthcare, telecommunication services, communications equipment, and specialty finance industries, with over 99% of its investment portfolio allocated to performing, income-producing assets and a strategic emphasis on growing specialty finance exposures to approximately 50% through proprietary deal flow and partnerships like the November 2022 healthcare secured lending venture with Berkadia. Managed by Great Elm Capital Management, LLC, a subsidiary of Great Elm Group, Inc. (Nasdaq: GEG), it issued GECCZ 8.75% Notes due 2028 in August 2023 for $40 million to fund investments; recent developments include raising nearly $30 million in equity capital over the past year, highlighted by a $15 million common stock issuance to an affiliate of investor Booker Smith in August 2025 to bolster its balance sheet and support growth in debt instruments and specialty finance, alongside alignment with parent-led strategic initiatives such as the July 2025 partnership between Great Elm Group and Kennedy Lewis Investment Management providing up to $150 million in leverageable capital and an August 2025 $9 million investment from Woodstead Value Fund.