LLC Great Elm Strategic Partnership I Sells Shares of GECC $GECC
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LLC Great Elm Strategic Partnership I, insider at Great Elm Capital Corp. ($GECC), sold 180,000 shares at an average price of $5.45, for a total transaction of $981,000. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Great Elm Capital Corp. Stock Down 11.1%
Shares of Great Elm Capital Corp. ($GECC) traded around $5.45 on Wednesday, down 11.1% for the day.
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About Great Elm Capital Corp.
Great Elm Capital Corp. is a business development company which specializes in loan and mezzanine, middle market investments. It invests in the debt instruments of middle market companies. The fund invests in income-generating debt and equity investments, with an emphasis on specialty finance companies. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
