Great Elm Capital Corp. Announces Approval Of $50 Million Rights Offering

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WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“GECC”) (NASDAQ: GECC) announced today that its Board of Directors has approved a non-transferable rights offering to purchase shares of GECC’s common stock and has filed a registration statement with the Securities and Exchange Commission (“SEC”) related to the proposed rights offering. The proposed $50 million rights offering consists of non-transferable rights issued to all existing stockholders to purchase common sto