Great Elm Capital Corp. Reports on Financial Obligations
Ticker: GECCI · Form: 8-K · Filed: Sep 19, 2024 · CIK: 1675033
| Field | Detail |
|---|---|
| Company | Great Elm Capital Corp. (GECCI) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $36,000,000 million, $5,400,000 million, $34.4 million, $39.6 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, filing, financial-obligation
Related Tickers: GECC
TL;DR
GECC filed an 8-K on 9/19/24 regarding new financial obligations.
AI Summary
On September 19, 2024, Great Elm Capital Corp. entered into a material definitive agreement related to its financial obligations. The company is filing an 8-K to report on the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. This filing also includes financial statements and exhibits.
Why It Matters
This filing indicates a significant event concerning Great Elm Capital Corp.'s financial structure, potentially impacting its debt and obligations.
Risk Assessment
Risk Level: medium — The filing concerns material definitive agreements and financial obligations, which can carry inherent risks related to debt and financial commitments.
Key Players & Entities
- Great Elm Capital Corp. (company) — Registrant
- September 19, 2024 (date) — Date of earliest event reported
FAQ
What specific material definitive agreement did Great Elm Capital Corp. enter into?
The filing does not specify the exact nature of the material definitive agreement but indicates it relates to the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
What is the significance of the "Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement" item?
This item signifies that the company has undertaken new financial commitments, either directly as debt or through contingent liabilities, which are important for investors to understand.
When was this 8-K filing made?
The filing was made on September 19, 2024.
What other information is included in this filing besides the material agreement?
The filing also includes financial statements and exhibits.
What is the company's central index key?
The company's central index key is 0001675033.
Filing Stats: 1,045 words · 4 min read · ~3 pages · Grade level 10.4 · Accepted 2024-09-19 16:39:02
Key Financial Figures
- $0.01 — ange on which registered Common stock, $0.01 par value GECC Nasdaq Global Market
- $36,000,000 million — re relates to the Company's issuance of $36,000,000 million aggregate principal amount of 8.125% no
- $5,400,000 million — e date hereof, plus up to an additional $5,400,000 million aggregate principal amount of Notes tha
- $34.4 million — ayable by the Company, of approximately $34.4 million (or approximately $39.6 million if the
- $39.6 million — imately $34.4 million (or approximately $39.6 million if the underwriters exercise their over
Filing Documents
- d843404d8k.htm (8-K) — 37KB
- d843404dex41.htm (EX-4.1) — 60KB
- 0001193125-24-222145.txt ( ) — 288KB
- ck0001675033-20240920.xsd (EX-101.SCH) — 6KB
- ck0001675033-20240920_cal.xml (EX-101.CAL) — 1KB
- ck0001675033-20240920_def.xml (EX-101.DEF) — 15KB
- ck0001675033-20240920_lab.xml (EX-101.LAB) — 22KB
- ck0001675033-20240920_pre.xml (EX-101.PRE) — 15KB
- d843404d8k_htm.xml (XML) — 9KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 4.1 Seventh Supplemental Indenture, dated as of September 19, 2024, between Great Elm Capital Corp. and Equiniti Trust Company, LLC, as Trustee. 4.2 Form of Global Note representing the Company's 8.125% Notes due 2029 (included in Exhibit 4.1). 104 The cover page of this Current Report on Form 8-K, formatted as inline XBRL.
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 under sign ed hereunto d uly aut horized. GREAT ELM CAPITAL CORP. Date: September 19, 2024 By: /s/ Keri A. Davis Name: Keri A. Davis Title: Chief Financial Officer