Business Context and Reporting Period
This Form 8-K filing by Great Elm Capital Corp. (GECC) covers the event date of December 19, 2019, with the report filed on December 20, 2019. The Company is a Maryland corporation with principal executive offices in Waltham, MA, and its securities trade on the Nasdaq Global Market.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is a special distribution of $0.05 per share.
Material Changes
The primary material event reported is the declaration of a special distribution by the Board of Directors. No other material changes to operations or financial condition are detailed in this specific filing.
Guidance, Outlook, and Management Commentary
Management announced a special distribution of $0.05 per share to stockholders of record on December 27, 2019, payable on January 27, 2020. The filing incorporates a press release by reference but does not contain forward-looking guidance, risk factors, or commentary on contingencies within the text provided.
Investor Verification Checklist
- Verify the record date of December 27, 2019, to confirm eligibility for the $0.05 special distribution.
- Confirm the payment date of January 27, 2020, for the distribution.
- Review the attached Exhibit 99.1 (Press Release) for additional context on the source of funds for the distribution.
- Check subsequent filings for the impact of this distribution on the Company's liquidity and capital structure.