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Security Profile
- Security Type
- Common Stock
- CUSIP
- 39037G109
- Market Cap
- Micro Cap
Business: Great Elm Group, Inc., is a publicly-traded holding company. Over the next five years, Great Elm intends to build a diversified investment company comprised of the following three business lines: investment management, financial products and merchant banking.
Notes: December 29, 2020 -- Great Elm Capital Group, Inc. (NASDAQ: GEC, “Great Elm”) announced today a financing transaction with J.P. Morgan Broker-Dealer Holdings Inc. (“JPM”). As a part of this transaction, Great Elm will create a new parent company, Great Elm Group (NASDAQ: GEG), and formally change its name and ticker symbol.
Existing GEC stockholders will have their shares of GEC exchanged in a 1:1 ratio for shares of GEG. GEC shares are expected to cease trading on the NASDAQ as of the close of the stock market on December 28, 2020. Shares of GEG are expected to begin trading prior to the opening of the stock market on December 29, 2020. As a result of this transaction, GEG will own 100% of the capital stock of GEC, which will be renamed Forest Investments, Inc (“Forest”). <p>
Company Contact
- CEO
- Jason Reese
- CFO
- Keri Davis
- Headquarters
- 3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL 33410
- Phone
- 617-375-3006
- Investor Relations
- 617-375-3006 · geginvestorrelations@greatelmcap.com