FULL Full Circle Capital Corp. (MM)

Item 5.07    Submission of Matters to a Vote of Security Holders

On October 31, 2016, Full Circle Capital Corporation (the “Company”) held a special meeting of stockholders (the “Special Meeting”) at which holders of the Company’s common stock, par value $0.01 (the “Common Stock”), approved the merger (the “Merger”) of the Company with and into Great Elm Capital Corp. (“GECC”), pursuant to the agreement and plan of merger, dated June 23, 2016, between the Company and GECC.

At the Special Meeting, o f the 22,472,243 shares of common stock outstanding and entitled to vote, 14,402,067 votes were represented at the meeting, or approximately 64.08% of the total outstanding, which was sufficient to constitute a quorum.

The final vote tally, as certified by Broadridge Financial Solutions, Inc., the inspector for the Special Meeting, indicates that the proposal to approve the Merger was approved by the holders of a majority of all of the outstanding shares of the Common Stock entitled to vote.

The final voting results on the proposal to approve the Merger were as follows:

In addition to soliciting proxies to vote to approve the Merger, the Company solicited proxies to vote for the adjournment of the Special Meeting, if necessary or appropriate, to allow time to solicit additional proxies if there were insufficient votes at the time of the Special Meeting to approve the Merger. Because there were sufficient votes to approve the Merger at the Special Meeting, it was not necessary to seek an adjournment or postponement of the Special Meeting and, accordingly, the adjournment proposal was not submitted to the Company’s stockholders.