Great Elm Capital Corp. Signs Material Definitive Agreement
Ticker: GECCI · Form: 8-K · Filed: Aug 22, 2024 · CIK: 1675033
| Field | Detail |
|---|---|
| Company | Great Elm Capital Corp. (GECCI) |
| Form Type | 8-K |
| Filed Date | Aug 22, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, filing
Related Tickers: GECC
TL;DR
GECC signed a big deal on 8/20, filing shows.
AI Summary
Great Elm Capital Corp. (GECC) entered into a material definitive agreement on August 20, 2024. The filing also includes financial statements and exhibits related to this agreement. Specific details of the agreement and its financial implications are not fully disclosed in the provided text.
Why It Matters
This filing indicates a significant new agreement for Great Elm Capital Corp., which could impact its financial performance and strategic direction.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which inherently carries some level of risk and uncertainty until further details are disclosed.
Key Players & Entities
- Great Elm Capital Corp. (company) — Registrant
- August 20, 2024 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of Incorporation
- 3801 PGA Boulevard (address) — Business and Mail Address
FAQ
What type of material definitive agreement did Great Elm Capital Corp. enter into?
The filing states that Great Elm Capital Corp. entered into a "Material Definitive Agreement" on August 20, 2024, but the specific nature of the agreement is not detailed in the provided text.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is August 20, 2024.
In which state is Great Elm Capital Corp. incorporated?
Great Elm Capital Corp. is incorporated in Maryland.
What are the business and mailing addresses for Great Elm Capital Corp.?
The business and mailing addresses for Great Elm Capital Corp. are 3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL 33410.
What is the SEC file number for Great Elm Capital Corp.?
The SEC file number for Great Elm Capital Corp. is 814-01211.
Filing Stats: 603 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-08-22 16:33:40
Key Financial Figures
- $0.01 — nge on which registered Common stock, $0.01 par value GECC Nasdaq Global Market
Filing Documents
- gecc-efp9668_8k.htm (8-K) — 34KB
- gecc-efp9668_ex101.htm (EX-10.1) — 279KB
- 0001133228-24-007954.txt ( ) — 604KB
- gecc-20240820.xsd (EX-101.SCH) — 4KB
- gecc-20240820_def.xml (EX-101.DEF) — 27KB
- gecc-20240820_lab.xml (EX-101.LAB) — 37KB
- gecc-20240820_pre.xml (EX-101.PRE) — 26KB
- gecc-efp9668_8k_htm.xml (XML) — 8KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On August 20, 2024, Great Elm Capital Corp. (the "Company"), Green SPE, LLC ("Green"), Crown LB, LLC ("Crown") and CLO Formation JV, LLC (the "JV") entered into a Second Amended and Restated Limited Liability Company Agreement (the "LLC Agreement") of the JV, pursuant to which the Company owns 71.25% of the membership interests in the JV, Green owns 23.75% of the membership interests in the JV and Crown owns 5.0% of the membership interests in the JV. The JV was formed to make investments in collateralized loan obligation entities and related warehouse facilities. The foregoing description of the terms of the LLC Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the LLC Agreement. The LLC Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1*# Second Amended and Restated Limited Liability Company Agreement of CLO Formation JV, LLC dated as of August 20, 2024 104 The cover page of this Current Report on Form 8-K, formatted as inline XBRL. * Certain portions of this exhibit were redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. # Certain schedules and exhibits to this agreement have been omitted in accordance with Item 601(a)(5) of Regulation S-K.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GREAT ELM CAPITAL CORP. Date: August 22, 2024 By: /s/ Keri A. Davis Name: Keri A. Davis Title: Chief Financial Officer