Great Elm Group Amends Schedule 13D Filing
Ticker: GECCI · Form: SC 13D/A · Filed: Dec 13, 2024 · CIK: 1675033
| Field | Detail |
|---|---|
| Company | Great Elm Capital Corp. (GECCI) |
| Form Type | SC 13D/A |
| Filed Date | Dec 13, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: schedule-13d, amendment, ownership-filing
TL;DR
GEG amended its 13D on GECC, change of event date to Dec 11.
AI Summary
Great Elm Group, Inc. filed an amendment (No. 12) to its Schedule 13D on December 13, 2024, regarding its holdings in Great Elm Capital Corp. The filing indicates a change in the date of the event requiring this statement to December 11, 2024. Jason W. Reese is listed as the authorized contact for Great Elm Group, Inc.
Why It Matters
This amendment to a Schedule 13D filing signals a potential shift in the ownership or control of Great Elm Capital Corp. by Great Elm Group, Inc., which could impact the company's stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant stake-building or changes in control, which can lead to increased volatility and strategic shifts for the subject company.
Key Players & Entities
- Great Elm Group, Inc. (company) — Filing person
- Great Elm Capital Corp. (company) — Subject company
- Jason W. Reese (person) — Authorized contact
FAQ
What is the specific nature of the change that triggered Amendment No. 12 to the Schedule 13D filing?
The filing states that the 'Date of Event Which Requires Filing of This Statement' is December 11, 2024, indicating a change occurred on this date that necessitates the amendment.
Who is the authorized person to receive notices and communications for this filing?
Jason W. Reese, associated with Great Elm Group, Inc., is the authorized person.
What is the CUSIP number for Great Elm Capital Corp.'s common stock?
The CUSIP number for Great Elm Capital Corp. Common Stock, par value $0.01 per share, is 390320703.
What is the business address and phone number provided for Great Elm Group, Inc.?
The business address is 3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL 33410, and the business phone number is (617) 375-3006.
What is the filing date of this Schedule 13D/A amendment?
This Schedule 13D/A filing was made as of December 13, 2024.
Filing Stats: 865 words · 3 min read · ~3 pages · Grade level 10.4 · Accepted 2024-12-13 16:41:14
Key Financial Figures
- $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
- $0 — 4,415 shares of common stock, par value $0.01, outstanding, which includes 10,449,
Filing Documents
- ef20039957_sc13da.htm (SC 13D/A) — 41KB
- 0001140361-24-049530.txt ( ) — 42KB
of the Schedule 13D is hereby amended and supplemented by adding the following
Item 5 of the Schedule 13D is hereby amended and supplemented by adding the following: (a) and (b) The aggregate percentage of Common Stock reported to be owned by the Reporting Person is based on 11,544,415 shares of Common Stock outstanding. The aggregate number of shares of Common Stock outstanding includes (i) 10,449,888 shares, which is the number of shares of Common Stock outstanding as reported on the Issuer's Quarterly Report on Form 10-Q for the Quarterly Period Ended September 30, 2024, filed October 31, 2024, and (ii) 1,094,527 shares of Common Stock issued to SGP as reported on the Issuer's Current Report on Form 8-K, filed on December 12, 2024. As of December 13, 2024, the Reporting Person may be deemed to beneficially own 1,440,722 shares of Common Stock, which represents approximately 12.5% of the issued and outstanding shares of Common Stock. To the Reporting Person's knowledge, the directors and executive officers of the Reporting Person beneficially own in the aggregate 1,446,996 shares of Common Stock, which represents approximately 12.5% of the issued and outstanding shares of Common Stock. Page 4 of 4
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: December 13, 2024 By: /s/ Keri A. Davis Name: Keri A. Davis Title: Chief Financial Officer & Chief Accounting Officer