- Great Elm Group, Inc. (GEG) completed a private placement on August 27, 2025, with Woodstead Value Fund, L.P., which purchased **4.0 million shares** of GEG common stock at **$2.25 per share**, generating **$9.0 million** in gross proceeds.  **[1831096_0000950103-25-010788_dp233519_8k.htm:1]** **[1831096_0000950103-25-010788_dp233519_ex9901.htm:1]** 
- As part of the transaction, GEG also issued Woodstead warrants for an additional **2.0 million shares** of common stock, with exercise prices of **$3.50** and **$5.00** per share, both with a ten-year term.  **[1831096_0000950103-25-010788_dp233519_8k.htm:1]** **[1831096_0000950103-25-010788_dp233519_ex9901.htm:1]** 
- Separately, Great Elm Capital Corp. (GECC), a company managed by a GEG subsidiary, sold **1.3 million shares** of its common stock to an affiliate of Booker Smith for **$15.0 million** in gross proceeds, strengthening GECC's balance sheet and providing capital for new investments.  **[1831096_0000950103-25-010788_dp233519_ex9901.htm:1]** 
- **Booker Smith** was elected to GEG's Board of Directors, effective August 27, 2025, bringing extensive experience in corporate credit and real estate investing.  **[1831096_0000950103-25-010788_dp233519_ex9901.htm:1]** **[1831096_0000950103-25-010788_dp233519_8k.htm:4]** 
- GEG is scheduled to release its Fiscal 2025 earnings after market close on **September 2, 2025**, followed by a conference call on **September 3, 2025**.  **[1831096_0000950103-25-010788_dp233519_ex9901.htm:0]** **[1831096_0000950103-25-010788_dp233519_ex9901.htm:1]**

Great Elm Group (GEG)