Great Elm Capital Corp.

# Great Elm Capital Corp.

Incorporated in Maryland and headquartered in Palm Beach Gardens, Florida, Great Elm Capital Corp. operates as a business development company specializing in debt and mezzanine investments in middle market companies. The company focuses on providing loan and debt instruments to businesses with annual revenues between $3 million and $75 million, typically deploying capital in individual investments ranging from $3 million to $10 million.

The company targets investments across several sectors, including media, commercial services and supplies, healthcare, telecommunication services, and communications equipment. Its investment approach emphasizes debt financing and mezzanine capital structures, which occupy a position between senior secured debt and equity in a company's capital hierarchy. The company generates revenue primarily through interest income on loans, fees associated with origination and management of debt investments, and potential equity upside from mezzanine positions.

Great Elm Capital Corp. trades on the Nasdaq under the ticker GECC. As a business development company, it operates under the regulatory framework established by the Investment Company Act of 1940, which requires distributions to shareholders of substantially all taxable income. Specific operational metrics including employee count, total assets under management, and portfolio composition details vary by reporting period and are disclosed through periodic regulatory filings.