Northern Right Capital Management, L.P. - 13 Jan 2025 SCHEDULE 13D/A Report for Great Elm Capital Corp. Common Stock, $0.01 Par Value (GECC)

Reporting Managers (6)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
Northern Right Capital Management, L.P.	6.9%	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.	0001346543
Northern Right Capital (QP), L.P.	3.1%	352,189	352,189	0	/s/ Matthew A. Drapkin	Managing Member of BC Advisors, LLC, the gen. part. of Northern Right Capital Management, L.P. the gen. part. of Northern Right Capital (QP), L.P.	0001451722
Northern Right Long Only Master Fund LP	0.7%	77,142	77,142	0	/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	0002052537
Northern Right Fund GP LLC	0.7%	77,142	0	77,142	/s/ Matthew A. Drapkin	Matthew A. Drapkin, Managing Member
BC Advisors, LLC	6.9%	798,471	0	798,471	/s/ Matthew A. Drapkin	Matthew A. Drapkin, Managing Member	0001349003
Matthew A. Drapkin	7.6%	874,187	75,716	798,471	/s/ Matthew A. Drapkin	Matthew A. Drapkin	0001458693