![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, September 14, 2020 7:37:50 AM
In light of the recent share price drop, it seems people are unloading there shares due to the upcoming dilution.
It appears to me that the intended use of the new capital as stated in the prospectus and the announcement makes sense in the long term.
"The Company intends to use the net proceeds from the offering primarily to (i) make opportunistic investments, in accordance with its investment objectives and policies, in assets that the Company’s external investment manager, Great Elm Capital Management, Inc., believes have become undervalued due to the current extreme market volatility, and on more attractive terms than the Company would otherwise be able to obtain under typical, less volatile market conditions and (ii) support its existing portfolio companies through the COVID-19 pandemic."
Are most of you invested here for the short term and will be hurt by the dilution or am I missing something?
Recent GECC News
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 08/16/2024 12:01:28 AM
- Form N-2 - Registration statement for closed-end investment companies • Edgar (US Regulatory) • 08/01/2024 08:28:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:10:40 PM
- Great Elm Capital Corp. Announces Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/01/2024 08:05:00 PM
- Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2024 Earnings Release and Conference Call • GlobeNewswire Inc. • 07/30/2024 06:00:00 PM
- Form 40-17G - Fidelity Bond [Rule 17G-1(g)] • Edgar (US Regulatory) • 07/19/2024 09:11:47 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 07/12/2024 04:15:08 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 07/11/2024 08:52:59 PM
- Great Elm Capital Corp. (“GECC”) Issues $22 Million of Additional GECCI Notes • GlobeNewswire Inc. • 07/09/2024 08:05:00 PM
- Great Elm Capital Corp. (“GECC”) Raises $12 Million of Equity at Net Asset Value • GlobeNewswire Inc. • 06/24/2024 11:30:00 AM
- Great Elm Capital Corp. Announces First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/02/2024 08:05:00 PM
- Great Elm Capital Corp. (“GECC”) Schedules First Quarter 2024 Earnings Release and Conference Call • GlobeNewswire Inc. • 04/30/2024 08:00:00 PM
- Great Elm Capital Corp. Prices Public Offering of $30,000,000 of 8.50% Notes Due 2029 • GlobeNewswire Inc. • 04/09/2024 09:48:50 PM
- Great Elm Capital Corp. Announces Public Offering of Unsecured Notes • GlobeNewswire Inc. • 04/09/2024 12:30:34 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/09/2024 01:28:57 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 02:30:06 AM
- Form 40-APP/A - Application for exemption and other relief filed under the Investment Company Act of 1940: [Amend] • Edgar (US Regulatory) • 03/07/2024 10:25:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 01:14:33 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 01:57:27 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 02:19:12 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 02:15:47 AM
- Form N-2 - Registration statement for closed-end investment companies • Edgar (US Regulatory) • 02/29/2024 10:29:29 PM
- Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2023 Financial Results • GlobeNewswire Inc. • 02/29/2024 12:40:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 12:25:30 PM
HealthLynked Corp. Announces Second Quarter and First Half 2024 Results: Continued Cost Reductions Set the Stage for Strategic Shift to App-Based Technology Services • HLYK • Aug 16, 2024 8:00 AM
PickleJar Announces Official Name Change and New Ticker Symbol • NREG • Aug 15, 2024 2:23 PM
VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months • VAYK • Aug 15, 2024 9:07 AM
Swifty Global Reports Strong Q2 Performance and Prepares for Major Exchange Uplisting • DRCR • Aug 15, 2024 9:04 AM
Mayback's Global Entertainment Signs Global Distribution Agreement with Children's Media Studio • AHRO • Aug 15, 2024 8:45 AM
POET Technologies Reports Second Quarter 2024 Financial Results • POET • Aug 15, 2024 8:04 AM