Great Elm Capital Corp (GECC) Odd-Lot Tender Offer

  • Company: Great Elm Capital Corp.
  • Ticker: GECC
  • Market Cap: ~$150mm
  • Size of Action: up to $10mm
  • Type of Transaction: Tender Offer with Odd-Lot provision
  • Current Price: $11.40
  • Tender Price: $11.50 to $12.17
  • Potential Gain (%): 1-7%
  • Expiration: May 5th 5pm
  • Tender Limit (Shares): 99
  • Max Investment ($): $1,130
  • Max Gain ($): ~$75
  • Link: Press Release
  • Summary: Great Elm Capital is offering to buy up to $10mm of its shares between $11.50 to $12.17.
  • Odd Lot Provision:  ... tendering stockholders whose shares are tendered at or below the purchase price owning fewer than 100 shares, or “odd lot” holders, will have their shares purchased without proration...
  • All information contained on or available through this Web Site (“the Content”) is for general information purposes only and does not constitute any investment advice.
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