SCHEDULE 13D/A

GREAT ELM CAP CORP

Common Stock, $0.01 Par Value · CUSIP: 390320703

Event date: 2025-01-13

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• Northern Right Capital Management, L.P.Reported CIK 0001346543

  Shares: 798,471 · Class: 6.9%

• Northern Right Capital (QP), L.P.Reported CIK 0001451722

  Shares: 352,189 · Class: 3.1%

• Northern Right Long Only Master Fund LPReported CIK 0002052537

  Shares: 77,142 · Class: 0.7%

• Northern Right Fund GP LLC

  Shares: 77,142 · Class: 0.7%

• BC Advisors, LLCReported CIK 0001349003

  Shares: 798,471 · Class: 6.9%

• Matthew A. DrapkinReported CIK 0001458693

  Shares: 874,187 · Class: 7.6%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.