Great Elm Capital reports Q4 NII 43c vs. 40c last year

We capped 2023 with another quarter of strong NII that exceeded our quarterly dividend, and finished with the highest cash income year in the Companys history. Our NAV also continued to grow as we harvested lower-yielding investments and reinvested the capital into higher-yielding, higher-quality investments, said Matt Kaplan, GECCs Chief Executive Officer. Additionally, 2024 is off to a great start as we recently raised $24 million of equity at net asset value from a special purchase vehicle, further enhancing alignment between the Companys investment manager and shareholders. This transaction is validation of our successful transformation and significant progress over the last two years, enabling us to further advance our growth strategy and execute on our robust investment pipeline.