Great Elm Group Amends 13D Filing for Great Elm Capital Corp.
Ticker: GEGGL · Form: SC 13D/A · Filed: Jun 24, 2024 · CIK: 1831096
| Field | Detail |
|---|---|
| Company | Great Elm Group, INC. (GEGGL) |
| Form Type | SC 13D/A |
| Filed Date | Jun 24, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
Related Tickers: GECC
TL;DR
GEG just updated its 13D on GECC - ownership changes incoming.
AI Summary
Great Elm Group, Inc. filed an amendment (No. 10) to its Schedule 13D/A on June 24, 2024, regarding its holdings in Great Elm Capital Corp. The filing indicates changes in beneficial ownership as of June 21, 2024. Jason W. Reese is listed as the authorized contact for Great Elm Group, Inc.
Why It Matters
This amendment signals potential shifts in the ownership structure or strategy of Great Elm Capital Corp., which could impact its stock price and corporate governance.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's intentions or holdings, which can lead to increased volatility.
Key Players & Entities
- Great Elm Group, Inc. (company) — Filing person
- Great Elm Capital Corp. (company) — Subject company
- Jason W. Reese (person) — Authorized contact for filing person
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
The filing is an amendment (No. 10) to a Schedule 13D/A, indicating changes, but the specific details of the ownership percentage changes are not provided in the header information.
What is the CUSIP number for Great Elm Capital Corp. common stock?
The CUSIP number for Great Elm Capital Corp. common stock is 390320703.
Who is authorized to receive notices for Great Elm Group, Inc. regarding this filing?
Jason W. Reese, located at 3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL 33410, is authorized to receive notices.
On what date did the event requiring this filing occur?
The date of the event which requires filing of this statement is June 21, 2024.
What is the primary business of Great Elm Group, Inc. according to the filing?
Great Elm Group, Inc. is listed under Standard Industrial Classification 7372, which is SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 821 words · 3 min read · ~3 pages · Grade level 10.2 · Accepted 2024-06-24 20:06:14
Key Financial Figures
- $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
- $0 — 9,888 shares of common stock, par value $0.01, outstanding, which includes 997,506
Filing Documents
- ef20031616_sc13da.htm (SC 13D/A) — 40KB
- 0001140361-24-031157.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 10,449,888 shares of Common Stock outstanding. The aggregate number of shares of Common Stock outstanding includes (i) 9,452,382, 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 March 31, 2024, filed May 2, 2024, and (ii) 997,506 shares of Common Stock issued to PPH as reported on the Issuer's Current Report on Form 8-K, filed on June 24, 2024. As of June 21, 2024, the Reporting Person may be deemed to beneficially own 1,516,932 shares of Common Stock, which represents approximately 14.5% 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 1,607,087 shares of Common Stock, which represents approximately 15.4% 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: June 24, 2024 By: /s/ Keri A. Davis Name: Keri A. Davis Title: Chief Financial Officer & Chief Accounting Officer