Business Context and Reporting Period
This Form 8-K filing by Great Elm Capital Corp. reports a corporate governance event dated February 4, 2019. The company is incorporated in Maryland and operates as a closed-end management investment company.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the resignation of John J. Woods, who served as Chief Financial Officer and Treasurer. Mr. Woods notified the company of his intention to resign to pursue another opportunity at a privately held company. The filing explicitly states that the resignation is not the result of any disagreement with the Company, its independent auditors, or any member of management.
Outlook and Management Commentary
Mr. Woods will continue to serve in his current capacity for a transitional period to assist with the filing of the Company's Form 10-K for the fiscal year ended December 31, 2018, and to transfer responsibilities to other finance department members. The Company has initiated a search to identify his successor. No specific financial guidance or risk factors related to operations were disclosed in this document.
Investor Verification Points
- Confirm the timeline for the appointment of a new Chief Financial Officer.
- Review the upcoming Form 10-K for the fiscal year ended December 31, 2018, for financial performance details.
- Monitor future filings for any updates regarding the transition of financial reporting responsibilities.