AG真人官方

Great Elm Group Announces Strategic Investments, New Board Member, and Timing of Fiscal 2025 Earnings Release

鈥撀燱oodstead Purchases 4.0 Million Shares of Great Elm Group鈥檚 Common Stock 鈥�

鈥撀燗n Affiliate of Booker Smith Purchases 1.3 Million Shares of Great Elm Capital Corp.鈥檚 Common Stock聽鈥�

鈥撀燙ompany to Release Fiscal 2025 Earnings after Market Close on September 2, 2025, and聽Host Conference Call at 8:30 a.m. ET on September 3, 2025聽鈥�

Transaction Highlights:

• Woodstead Value Fund, L.P. (鈥淲oodstead鈥�) purchased 4.0 million shares of newly issued common stock of Great Elm Group, Inc. (鈥淕EG鈥�) at a price of $2.25 per share for gross proceeds of $9.0 million.
• Separately, Great Elm Capital Corp. (鈥淕ECC鈥�) sold 1.3 million newly-issued shares of its common stock to an affiliate of Booker Smith, representing 9.9% of GECC鈥檚 outstanding common stock, at $11.65 per share for gross proceeds of $15.0 million.
• Booker Smith appointed to the GEG Board, bringing deep credit and real estate expertise.
  

PALM BEACH GARDENS, Fla., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (鈥渨e,鈥� 鈥渦s,鈥� 鈥渙ur,鈥� 鈥淕EG鈥� or 鈥淕reat Elm,鈥�) (NASDAQ: GEG), a publicly traded alternative asset manager, today announced a strategic investment from Woodstead, an institutional investor with deep credit and real estate expertise.

Under the terms of the transaction, Woodstead is purchasing 4.0 million shares of GEG鈥檚 common stock at a price of $2.25 per share for gross proceeds of $9.0 million. Woodstead will also hold 10-year warrants for an additional 1.0 million shares of GEG common stock struck at $3.50 and 1.0 million shares of GEG common stock struck at $5.00, further aligning Woodstead with GEG鈥檚 shareholders.

As part of the transaction, Booker Smith has joined GEG鈥檚 Board of Directors. Mr. Smith brings years of extensive experience across corporate credit and real estate investing, directly supporting GEG鈥檚 key verticals. His background and skills will contribute to advancing Great Elm鈥檚 strategic priorities, while his addition reflects the deep partnership formed through this investment.

鈥淭hese transactions represent a significant milestone for Great Elm,鈥� said Jason Reese, Chief Executive Officer of Great Elm. 鈥淏ooker鈥檚 expertise across our core verticals, coupled with the capital commitment from Woodstead, provides meaningful resources to grow our assets under management, enhance profitability, and further align our investor base with long-term shareholder value creation.鈥�

鈥淚 am excited to join the Great Elm board and partner with management to build upon the Company鈥檚 momentum,鈥� said Booker Smith. 鈥淕EG鈥檚 differentiated alternative asset platform and strategic vision position the firm to continue scaling across both credit and real estate.鈥�

Strategic and Financial Impact For GEG

The transaction provides new growth capital to GEG, which will be used to pursue its objectives of expanding assets under management and enhancing profitability. The warrants provide long-term alignment between Woodstead and all GEG shareholders, reinforcing a shared commitment to value creation.

Strategic and Financial Impact For GECC

Separately, Great Elm Capital Corp. (鈥淕ECC鈥�), a business development company managed by Great Elm Capital Management, LLC (鈥淕ECM鈥�), a subsidiary of GEG, issued approximately 1.3 million shares of its common stock to Poor Richard LLC, an affiliate of Booker Smith. This capital strengthens GECC鈥檚 balance sheet and provides additional capital to be leveraged for new investments. The transaction is a testament to the significant turnaround at GECC that began in March 2022 and reflects investor confidence in the platform. Once deployed, this capital is expected to generate incremental management fees for GEG.

Fiscal 2025 Earnings and Strategic Investment Conference Call & Webcast Information

奥丑别苍:听Wednesday, September 3, 2025, 8:30 a.m. Eastern Time (ET)

Call: All interested parties are invited to participate in the conference call by dialing +1 (877) 407-0752; international callers should dial +1 (201) 389-0912. Participants should enter the Conference ID 13750803 if asked.

Webcast: The conference call will be webcast simultaneously and can be accessed聽. A copy of the slide presentation accompanying the conference call, can be found聽.

About Great Elm Group, Inc.

Great Elm Group, Inc. (NASDAQ: GEG) is an alternative asset manager focused on building a scalable and diversified portfolio of long-duration and permanent capital vehicles across credit, real estate, specialty finance, and other alternative strategies. GEG鈥檚 subsidiaries manage Great Elm Capital Corp. (NASDAQ: GECC), a publicly-traded business development company, as well as Monomoy Properties REIT, LLC, an industrial outdoor storage (鈥淚OS鈥�)-focused real estate investment trust along with its growing real estate services platform. Learn more at .

Cautionary Statement Regarding Forward-Looking Statements

Statements in this press release that are 鈥渇orward-looking鈥� statements, including statements regarding expected benefits from the transaction, growth, profitability, acquisition opportunities involve risks and uncertainties that may individually or collectively impact the matters described herein. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made and represent GEG鈥檚 assumptions and expectations in light of currently available information. These statements involve risks, variables and uncertainties, and GEG鈥檚 actual performance results may differ from those projected, and any such differences may be material. For information on certain factors that could cause actual events or results to differ materially from GEG鈥檚 expectations, please see GEG鈥檚 filings with the Securities and Exchange Commission (鈥淪EC鈥�), including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Additional information relating to GEG鈥檚 financial position and results of operations is also contained in GEG鈥檚 annual and quarterly reports filed with the SEC and available for download at its website聽聽or at the SEC website聽.

This press release does not constitute an offer of any securities for sale.

Media & Investor Contact:
Investor Relations

Source: Great Elm Group, Inc.