<SEC-DOCUMENT>0000950103-25-014517.txt : 20251110
<SEC-HEADER>0000950103-25-014517.hdr.sgml : 20251110
<ACCEPTANCE-DATETIME>20251110163401
ACCESSION NUMBER:		0000950103-25-014517
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251110
DATE AS OF CHANGE:		20251110

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Great Elm Capital Corp.
		CENTRAL INDEX KEY:			0001675033
		ORGANIZATION NAME:           	
		EIN:				812621577
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-89698
		FILM NUMBER:		251466828

	BUSINESS ADDRESS:	
		STREET 1:		3801 PGA BOULEVARD
		STREET 2:		SUITE 603
		CITY:			PALM BEACH GARDENS
		STATE:			FL
		ZIP:			33410
		BUSINESS PHONE:		617-375-3006

	MAIL ADDRESS:	
		STREET 1:		3801 PGA BOULEVARD
		STREET 2:		SUITE 603
		CITY:			PALM BEACH GARDENS
		STATE:			FL
		ZIP:			33410

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Great Elm Strategic Partnership I, LLC
		CENTRAL INDEX KEY:			0002005039
		ORGANIZATION NAME:           	
		EIN:				000000000

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		800 SOUTH ST.
		STREET 2:		SUITE 230
		CITY:			WALTHAM
		STATE:			MA
		ZIP:			02453
		BUSINESS PHONE:		(617) 375-3006

	MAIL ADDRESS:	
		STREET 1:		800 SOUTH ST.
		STREET 2:		SUITE 230
		CITY:			WALTHAM
		STATE:			MA
		ZIP:			02453
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001140361-24-007489</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Great Elm Strategic Partnership I, LLC -->
          <cik>0002005039</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001675033</issuerCik>
        <issuerName>Great Elm Capital Corp.</issuerName>
        <issuerCusip>390320703</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>3801 PGA Boulevard</com:street1>
          <com:street2>Suite 603</com:street2>
          <com:city>Palm Beach Gardens</com:city>
          <com:stateOrCountry>FL</com:stateOrCountry>
          <com:zipCode>33410</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Great Elm Strategic Partnership I, LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1558260.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1558260.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1558260.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>11.13</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
      <comments>Note to Row 11: Based on 13,998,168 shares of common stock, par value $0.01, outstanding, as reported on the Issuer's (as defined below) Quarterly Report on Form 10-Q for the Quarterly Period ended September 30, 2025, filed November 4, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Great Elm Capital Corp.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL 33410.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Great Elm Strategic Partnership I, LLC.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>800 Boylston Street, Suite 603, Boston, MA 02199.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Delaware</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,558,260.</amountBeneficiallyOwned>
        <classPercent>11.13%.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>1,558,260</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>1,558,260</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Great Elm Strategic Partnership I, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Adam M. Kleinman</signature>
        <title>Adam M. Kleinman</title>
        <date>11/10/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
