Great Elm Group, Inc. Schedule 13D Filing by Woodstead Value Fund, L.P. and Randall Smith

On August 27, 2025, Great Elm Group, Inc. entered into a Securities Purchase Agreement with Woodstead Value Fund, L.P. (WVF), resulting in WVF purchasing 4,000,000 shares of Common Stock at $2.25 per share. Additionally, WVF received Series A and Series B Warrants to purchase 1,000,000 shares each, exercisable at $3.50 and $5.00 per share, respectively. The transactions closed on August 27, 2025, and WVF used its working capital for the purchase. Concurrently, WVF designated a new director to Great Elm's board. The Reporting Persons, WVF and Randall Smith, collectively own 14.4% of the outstanding Common Stock. The shares were acquired for investment purposes, and the Reporting Persons may acquire or dispose of shares based on market conditions and other factors. The filing also includes details on the terms of the Warrants and the rights associated with them.