Great elm group, inc. (“geg”) invests $6 million to support a $24 million equity raise for great elm capital corp. (“gecc”) at net asset value

Palm beach gardens, fla., feb. 08, 2024 (globe newswire) -- great elm group, inc. (the “company” or “geg”), (nasdaq: geg), an alternative asset manager, today announced it has invested $6 million in a special purpose vehicle which acquired $24 million of common stock in gecc at net asset value (“nav”).

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