Great Elm Capital Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Great Elm Capital Corp. on December 16, 2024. The filing reports corporate actions taken by the Board of Directors regarding shareholder distributions.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The primary financial data disclosed relates to declared distributions:
- Special Cash Distribution: $0.05 per share of common stock.
- Quarterly Cash Distribution (Q1 2025): $0.37 per share of common stock.
Material Changes
The filing announces the declaration of a special distribution and the approval of the upcoming quarterly distribution. No material changes to the company's financial position or operations are detailed in this specific report.
Guidance, Outlook, and Management Commentary
The Board of Directors has approved the following distribution schedule:
- Special Distribution: Payable on January 15, 2025, to stockholders of record as of December 31, 2024.
- First Quarter 2025 Distribution: Payable on March 31, 2025, to stockholders of record as of March 17, 2025.
A press release regarding these distributions is filed as Exhibit 99.1. The filing text does not provide specific guidance on future earnings, risks, or contingencies beyond the distribution announcements.
Investor Verification Checklist
- Verify the record date of December 31, 2024, to confirm eligibility for the $0.05 special distribution.
- Confirm the record date of March 17, 2025, for the $0.37 Q1 2025 distribution.
- Review the attached press release (Exhibit 99.1) for additional context on the rationale for the special distribution.
- Check subsequent filings for the company's full financial results, as this 8-K does not contain revenue or earnings data.