Item 2.02 Results of Operations and Financial Condition.
On May 5, 2022, Great Elm Group, Inc., which is the parent company of Great Elm
Capital Management, Inc. (“GECM”), the investment manager for Great Elm Capital
Corp. (the “Company”), and which currently holds approximately 21.5% of the
Company’s outstanding common stock, issued its earnings press release and
related investor presentation that included information indicating:
Management fees due from the Company of $0.8 million for the three months ended
March 31, 2022;
Administration fees due from the Company of $0.2 million for the three months
ended March 31, 2022; and
GECM has agreed to waive incentive fees earned and accrued through March 31,
The foregoing information is being furnished and shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise subject to the liabilities of that section, nor
shall such information be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, except as expressly
set forth by specific reference in such filing.
Item 7.01 Regulation FD Disclosure.
See “Item 2.02 Results of Operations and Financial Condition” above.
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