Great Elm Capital Group Inc (GECC)

[Enterprising Investor]

Great Elm Capital Group Announces Effective Date of its Rights Offering (11/18/16)

Subject to the effectiveness of its registration statement, the registrant will restart its rights offering on Tuesday, November 22, 2016. The effective time of the rights offering will be the close of business on November 22, 2016 and the subscription price will be eighty percent of the volume weighted average trading price of the registrant’s common stock for the thirty consecutive trading days ending on and including November 22, 2016. A prospectus will be distributed to all holders of the registrant’s common stock as of the effective time of the close of business on November 22, 2016. The registrant reserves the right to terminate the rights offering in its sole discretion.

https://www.sec.gov/Archives/edgar/data/1082506/000119312516772413/d297391d8k.htm