0000899243-22-029104.txt : 20220817
0000899243-22-029104.hdr.sgml : 20220817
20220817213751
ACCESSION NUMBER: 0000899243-22-029104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220815
FILED AS OF DATE: 20220817
DATE AS OF CHANGE: 20220817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Northern Right Capital Management, L.P.
CENTRAL INDEX KEY: 0001346543
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39832
FILM NUMBER: 221176194
BUSINESS ADDRESS:
STREET 1: 9 OLD KINGS HWY. S.
STREET 2: 4TH FLOOR
CITY: DARIEN
STATE: CT
ZIP: 06820
BUSINESS PHONE: (203) 951-6084
MAIL ADDRESS:
STREET 1: 9 OLD KINGS HWY. S.
STREET 2: 4TH FLOOR
CITY: DARIEN
STATE: CT
ZIP: 06820
FORMER NAME:
FORMER CONFORMED NAME: Becker Drapkin Management, L.P.
DATE OF NAME CHANGE: 20100824
FORMER NAME:
FORMER CONFORMED NAME: SRB Management, L.P.
DATE OF NAME CHANGE: 20051209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BC Advisors LLC
CENTRAL INDEX KEY: 0001349003
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39832
FILM NUMBER: 221176191
BUSINESS ADDRESS:
STREET 1: 500 CRESCENT COURT
STREET 2: SUITE 230
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: (214) 756-6016
MAIL ADDRESS:
STREET 1: 500 CRESCENT COURT
STREET 2: SUITE 230
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Northern Right Capital (QP), L.P.
CENTRAL INDEX KEY: 0001451722
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39832
FILM NUMBER: 221176192
BUSINESS ADDRESS:
STREET 1: 9 OLD KINGS HWY. S.
STREET 2: 4TH FLOOR
CITY: DARIEN
STATE: CT
ZIP: 06820
BUSINESS PHONE: (203) 951-5440
MAIL ADDRESS:
STREET 1: 9 OLD KINGS HWY. S.
STREET 2: 4TH FLOOR
CITY: DARIEN
STATE: CT
ZIP: 06820
FORMER NAME:
FORMER CONFORMED NAME: BECKER DRAPKIN PARTNERS (QP), L.P.
DATE OF NAME CHANGE: 20100820
FORMER NAME:
FORMER CONFORMED NAME: SRB GREENWAY OPPORTUNITY FUND (QP) LP
DATE OF NAME CHANGE: 20081209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NRC Partners I, LP
CENTRAL INDEX KEY: 0001763594
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39832
FILM NUMBER: 221176193
BUSINESS ADDRESS:
STREET 1: 9 OLD KINGS HIGHWAY SOUTH
STREET 2: 4TH FLOOR
CITY: DARIEN
STATE: CT
ZIP: 06820
BUSINESS PHONE: (203) 951-5440
MAIL ADDRESS:
STREET 1: 9 OLD KINGS HIGHWAY SOUTH
STREET 2: 4TH FLOOR
CITY: DARIEN
STATE: CT
ZIP: 06820
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Great Elm Group, Inc.
CENTRAL INDEX KEY: 0001831096
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 853622015
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 800 SOUTH STREET, SUITE 230
CITY: WALTHAM
STATE: MA
ZIP: 02453
BUSINESS PHONE: (617) 375-3006
MAIL ADDRESS:
STREET 1: 800 SOUTH STREET, SUITE 230
CITY: WALTHAM
STATE: MA
ZIP: 02453
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-08-15
0
0001831096
Great Elm Group, Inc.
GEG
0001346543
Northern Right Capital Management, L.P.
9 OLD KINGS HWY. S.
4TH FLOOR
DARIEN
CT
06820
0
0
1
1
Member of 13D 10% Group
0001763594
NRC Partners I, LP
C/O NORTHERN RIGHT CAPITAL MANAGEMENT,
L.P., 9 OLD KINGS HWY S., 4TH FLOOR
DARIEN
CT
06820
0
0
1
0
0001451722
Northern Right Capital (QP), L.P.
C/O NORTHERN RIGHT CAPITAL MANAGEMENT,
L.P., 9 OLD KINGS HWY S., 4TH FLOOR
DARIEN
CT
06820
0
0
1
0
0001349003
BC Advisors LLC
C/O NORTHERN RIGHT CAPITAL MANAGEMENT,
L.P., 9 OLD KINGS HWY S., 4TH FLOOR
DARIEN
CT
06820
0
0
1
0
Common Stock
2022-08-15
4
P
0
26150
2.0225
A
3315056
I
See Footnote
Common Stock
2022-08-16
4
P
0
15877
2.0228
A
3330933
I
See Footnote
Common Stock
2022-08-17
4
P
0
2027
2.05
A
3332960
I
See Footnote
Represents 8,496 shares of common stock of Great Elm Group, Inc. ("GEG") purchased by Northern Right Capital (QP), L.P. ("Northern Right QP"), 2,813 shares of common stock of GEG purchased by NRC Partners I, LP ("NRC Partners I") and 14,841 shares of common stock of GEG purchased by managed accounts (the "Managed Accounts") on behalf of investment advisory clients of Northern Right Capital Management, L.P. ("Northern Right Management"). Northern Right Management acts as the investment manager for the Managed Accounts.
Represents shares of common stock acquired in a transaction pursuant to the Rule 10b5-1 trading plan entered into by the Reporting Persons on June 16, 2022.
Represents 5,151 shares of common stock of GEG purchased by Northern Right QP, 1,710 shares of common stock of GEG purchased by NRC Partners I and 9,016 shares of common stock of GEG purchased by the Managed Accounts on behalf of investment advisory clients of Northern Right Management. Northern Right Management acts as the investment manager for the Managed Accounts.
Represents 660 shares of common stock of GEG purchased by Northern Right QP, 218 shares of common stock of GEG purchased by NRC Partners I and 1,149 shares of common stock of GEG purchased by the Managed Accounts on behalf of investment advisory clients of Northern Right Management. Northern Right Management acts as the investment manager for the Managed Accounts.
Northern Right QP beneficially owns and has the power to vote or to direct the vote of 1,492,712 shares of common stock of GEG. NRC Partners I beneficially owns and has the power to vote or to direct the vote of 116,704 shares of common stock of GEG. The Managed Accounts, on behalf of certain investment advisory clients of Northern Right Management, beneficially own 1,723,544 shares of common stock of GEG.
As general partner and investment manager of NRC Partners I and Northern Right QP, Northern Right Management may be deemed to be the beneficial owner of the securities held by NRC Partners I and Northern Right QP. As the investment manager of the Managed Accounts, Northern Right Management may also be deemed to be the beneficial owner of the securities held by such accounts. As the general partner of Northern Right Management, BC Advisors, LLC may be deemed to be the beneficial owner of the securities beneficially owned (or deemed beneficially owned) by Northern Right Management.
(continued from footnote 6) Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein that may be beneficially owned by any of the other Reporting Persons, in each case, except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The Reporting Persons are jointly filing this Form 4.
Northern Right Capital Management, L.P., By: BC Advisors, LLC, its general partner, By: /s/ Matthew A. Drapkin, Matthew A. Drapkin, Authorized Signatory
2022-08-17
NRC Partners I, LP, By: Northern Right Capital Management, L.P., its general partner, By: BC Advisors, LLC, its general partner, By: /s/ Matthew A. Drapkin, Matthew A. Drapkin, Authorized Signatory
2022-08-17
Northern Right Capital (QP), L.P., By: Northern Right Capital Management, L.P., its general partner, By: BC Advisors, LLC, its general partner, By: /s/ Matthew A. Drapkin, Matthew A. Drapkin, Authorized Signatory
2022-08-17
BC Advisors, LLC, By: /s/ Matthew A. Drapkin, Matthew A. Drapkin, Authorized Signatory
2022-08-17