Northern Right Capital Management, L.P. - 04 Mar 2026 SCHEDULE 13G/A Report for Great Elm Capital Corp. Common Stock, $0.01 Par Value (the "Common Stock") (GECC)

Filing Manager: Northern Right Capital Management, L.P.
Reporting Manager: Drapkin Matthew A
Security: Great Elm Capital Corp. Common Stock, $0.01 Par Value (the "Common Stock")
Symbol: GECC
Shares outstanding: 14,109,742 shares
Disclosed Ownership: 874,804 shares
Ownership: 6.2%
Form type: SCHEDULE 13G/A
Filing time: 05 Mar 2026, 16:45:07 UTC
Date of event: 04 Mar 2026
Previous filing: 06 Nov 2025
SEC: View on sec.gov

Reporting Managers (6)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title
Northern Right Capital Management, L.P.	5.7%	798,471	369,140	429,331	/s/ Matthew A. Drapkin	Matthew A. Drapkin, Managing Member of BC Advisors, LLC, the general partner of Northern Right Capital Management, L.P.
Northern Right Capital (QP), L.P.	2.2%	313,094	313,094	0	/s/ Matthew A. Drapkin	Matthew A. Drapkin, Man. Mem. of BC Advisors, LLC, gen. part. of Northern Right Capital Mgmt, L.P. the gen. part. of Northern Right Capital (QP), L.P.
Northern Right Long Only Master Fund LP	0.8%	116,237	0	116,237	/s/ Matthew A. Drapkin	Matthew A. Drapkin, Managing Member of Northern Right Fund GP LLC, the general partner of Northern Right Long Only Master Fund LP
Northern Right Fund GP LLC	0.8%	116,237	0	116,237	/s/ Matthew A. Drapkin	Matthew A. Drapkin, Managing Member
BC Advisors LLC	5.7%	798,471	0	798,471	/s/ Matthew A. Drapkin	Matthew A. Drapkin, Managing Member
Drapkin Matthew A	6.2%	874,804	76,333	798,471	/s/ Matthew A. Drapkin	Matthew A. Drapkin