Great Elm Cap Corp

The company today announced it issued approximately 1.0 million shares of the Company’s common stock at a current net asset value of $12.03 per share, for an aggregate gross purchase price of $12 million, to Prosper Peak Holdings, LLC (“PPH”).

Great Elm Group, Inc. (“GEG”), the parent of the Company’s investment manager, made a $3 million investment in PPH, further aligning it with shareholders. As of 2024-06-21, fund’s market price was $10.08 and NAV was $12.57.

2024-06-24T00:00:00-04:00June 24th, 2024|

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