March 1, 2024

Great Elm Group, Inc. (“GEG”) Invests $6 Million to Support a $24 million Equity Raise for Great Elm Capital Corp. (“GECC”) at Net Asset Value

https://www.globenewswire.com/news-release/2024/02/08/2826485/0/en/Great-Elm-Group-Inc-GEG-Invests-6-Million-to-Support-a-24-million-Equity-Raise-for-Great-Elm-Capital-Corp-GECC-at-Net-Asset-Value.html

PALM BEACH GARDENS, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (the “Company” or “GEG”), (NASDAQ: GEG), an alternative asset manager, today announced it has invested $6 million in a special purpose vehicle which acquired $24 million of common stock in GECC at net asset value (“NAV”).

Read more at globenewswire.com

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