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Great Elm Capital Completes Over-Allotment Option Sale

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Great Elm Capital Completes Over-Allotment Option Sale

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Great Elm Capital ( (GECC) ) has issued an update.

On September 4, 2025, Great Elm Capital Corp. entered into an Underwriting Agreement with Lucid Capital Markets for the sale of $50,000,000 in 7.75% notes due 2030, with an additional $7,500,000 available through an over-allotment option. The initial closing occurred on September 11, 2025, and the over-allotment option was fully exercised on October 1, 2025, resulting in net proceeds of approximately $7.3 million, with the closing of these additional notes on October 2, 2025.

The most recent analyst rating on (GECC) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Great Elm Capital stock, see the GECC Stock Forecast page.

Spark’s Take on GECC Stock

According to Spark, TipRanks’ AI Analyst, GECC is a Neutral.

Great Elm Capital Corporation’s overall stock score reflects a blend of both strengths and challenges. Strong operational efficiency and a high dividend yield are counterbalanced by financial instability and liquidity concerns. Technical indicators and a positive earnings call sentiment offer some optimism, but the high P/E ratio and cash flow issues weigh on the score.

To see Spark’s full report on GECC stock, click here.

More about Great Elm Capital

Great Elm Capital Corp. operates in the financial services industry, focusing on investment management and providing capital solutions.

Average Trading Volume: 97,262

Technical Sentiment Signal: Sell

Current Market Cap: $103.3M

For an in-depth examination of GECC stock, go to TipRanks’ Overview page.

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