Great Elm Capital Corp.

Great Elm Capital Corp. announced its second quarter 2026 financial results, reporting Net Investment Income (NII) of $0.32 per share and a Net Asset Value (NAV) of $7.95 per share, representing a 3% quarter-over-quarter increase. The company's investment adviser waived $0.9 million in incentive fees for the quarter, contributing to NII covering the quarterly distribution. Strategic actions included extending the revolving credit facility maturity to 2029, calling $18.6 million in GECCO Notes, and subsequently retiring $6.5 million of GECCI Notes in July 2026. The Board also declared a $0.25 per share distribution for the third quarter.

Great Elm Capital Corp. announced its decision to partially redeem $6,500,000 aggregate principal amount of its 8.50% Notes due 2029. The redemption will take place on August 19, 2026, at 100% of the principal amount plus accrued and unpaid interest. This action is an exercise of the company's option to reduce its outstanding debt.

Great Elm Capital Corp. entered into the Sixth Amendment to its Loan, Guarantee and Security Agreement with City National Bank, extending the maturity date for borrowings under its Revolving Facility. The new maturity date is June 8, 2029, or March 31, 2029, if the company's 8.50% notes due 2029 are not refinanced by then. The company paid an extension fee of $350,000 for this amendment.

Great Elm Capital Corp. announced the appointment of Jason Reese as its new Chief Executive Officer, effective May 4, 2026. The company's investment adviser also waived all accrued incentive fees through Q2 2026, including $2.8 million through March 31, 2026. For Q1 2026, GECC reported Net Investment Income of $0.36 per share, an approximate 13% increase quarter-over-quarter, while NAV stood at $7.74 per share. The company also fully repaid $57.5 million of GECCO Notes, declared a $0.25 per share distribution for Q2 2026, and repurchased shares at a significant discount to NAV.

Great Elm Capital Corp. (GECC) announced it will release its financial results for the first quarter ended March 31, 2026, after the close of market trading on Monday, May 4, 2026. The company will host a conference call to discuss these results on Tuesday, May 5, 2026, at 8:30 a.m. ET. An accompanying slide presentation and webcast will be available on the company's website.

Great Elm Capital Corp. announced its decision to fully redeem its 5.875% Notes due 2026 (NASDAQ: GECCO) on May 27, 2026. The company will pay 100% of the principal amount, or $25.00 per note, along with accrued and unpaid interest of $0.228472 per note. Interest on the notes will cease to accrue after the redemption date.