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Great Elm Capital Corp. announced its first quarter 2024 financial results, with NII of $3.2 million, NAV at $118.8 million, and asset coverage ratio at 180.2%. They raised $24 million in equity, issued $34.5 million in notes, and approved a $0.35 dividend per share. GECC aims to cover the dividend with NII and deploy capital for new investments.
Great Elm Capital Corp. (GECC) has scheduled its First Quarter 2024 Earnings Release and Conference Call for May 2, 2024, at 5:00 p.m. ET. The financial results for the quarter ended March 31, 2024, will be discussed during the call. Participants can access the call using the provided dial-in numbers and passcode, with a slide presentation available on the company's website. The call will also be webcasted.