Specialty finance company Great Elm Capital Group Inc. has filed a shelf registration statement for the sale of up to $100 million in securities that it may offer from time to time.
The filing covers shares of common and preferred stock, warrants, subscription rights, units or debt securities.
The company intends to use the net proceeds for general corporate purposes, which may include repayment, repurchase or redemption of debt, acquisitions, additions to working capital, capital expenditure and investments in its subsidiaries.