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Great Elm Capital Corp. Raises $15.0 Million of Equity

Summary by Citybiz
PALM BEACH GARDENS, Fla., Aug. 27, 2025 (GLOBE NEWSWIRE) — Great Elm Capital Corp., (NASDAQ: GECC), a business development company, has issued approximately 1.3 million shares, representing 9.9% of the Company’s outstanding common stock, at $11.65 per share for gross proceeds of $15.0 million to an affiliate of Booker Smith, a newly appointed director of Great Elm Group, Inc., with extensive experience in corporate credit and real estate investi…
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citybiz broke the news in on Thursday, August 28, 2025.
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