Great Elm Group Announces Strategic Investments and Earnings Release

Great Elm Group announces strategic investments and a new board member. Woodstead Value Fund invests $9.0 million in GEG through share purchase and receives 10-year warrants. Great Elm Capital Corp. raises $15.0 million via share sale to Booker Smith's affiliate. Booker Smith joins GEG's board, bringing expertise in credit and real estate investing. GEG's Fiscal 2025 earnings release is scheduled for September 2, 2025, with a conference call on September 3, 2025.

Great Elm Group, Inc. (NASDAQ: GEG), a publicly traded alternative asset manager, has announced significant strategic investments and a notable addition to its board of directors. The company has secured $9.0 million through a share purchase by Woodstead Value Fund, an institutional investor with deep credit and real estate expertise. Additionally, Great Elm Capital Corp. (GECC), a subsidiary of GEG, has raised $15.0 million via a share sale to an affiliate of Booker Smith, a newly appointed director of GEG. The investments and board change are part of the company's ongoing efforts to expand assets under management and enhance profitability.

Woodstead Value Fund Investment

Woodstead Value Fund has purchased 4.0 million shares of GEG's common stock at $2.25 per share, raising $9.0 million. As part of the transaction, Woodstead will hold 10-year warrants for an additional 2.0 million shares, with strike prices of $3.50 and $5.00. This investment provides GEG with new growth capital and aligns Woodstead with the company's shareholders through the warrants [1].

Great Elm Capital Corp. Share Sale

Great Elm Capital Corp. (GECC), a business development company managed by Great Elm Capital Management, LLC, has issued approximately 1.3 million shares of its common stock to Poor Richard LLC, an affiliate of Booker Smith. The transaction generated $15.0 million in proceeds, strengthening GECC's balance sheet and providing additional capital for new investments [2].

Booker Smith Joins the Board

Booker Smith, with extensive experience in corporate credit and real estate investing, has joined GEG's Board of Directors. His expertise will support the company's key verticals and contribute to advancing its strategic priorities. Smith's addition reflects the deep partnership formed through the investment transactions [1].

Fiscal 2025 Earnings

Great Elm Group will release its Fiscal 2025 earnings after market close on September 2, 2025, with a conference call scheduled for September 3, 2025, at 8:30 a.m. ET. Investors are invited to participate in the conference call by dialing +1 (877) 407-0752 or +1 (201) 389-0912, using the Conference ID 13750803 if asked. A webcast of the conference call will also be available [1].

References

[1] https://www.stocktitan.net/news/GEG/great-elm-group-announces-strategic-investments-new-board-member-and-6r89c91vw8op.html
[2] https://finance.yahoo.com/news/great-elm-capital-corp-gecc-200500019.html