Tag: Corporate Governance
Great Elm simplifies structure
March 22, 2021HME News Staff
WALTHAM, Mass. – Great Elm Group, which has operating companies in DME, has reached an agreement with MAST Capital Management that results in a simplified capital structure and cleaner corporate governance. GEG will issue $2.24 million of 5% Convertible Senior PIK Notes due 2030 to MAST in exchange for all outstanding obligations under the $3.1 million Senior Secured Note issued by GECC GP to MAST, all common stock in GP held...
Capital, Corporate Governance, Great Elm, MAST Capital Management
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