SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Full Circle Capital Corporation Buyout

Rigrodsky & Long, P.A.:

• Do you own shares of Full Circle Capital Corporation (NASDAQ GM: FULL)?
• Did you purchase any of your shares prior to June 24, 2016?
• Do you think the proposed buyout value is too low?
• Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Full Circle Capital Corporation (“Full Circle” or the “Company”) (NASDAQ GM: FULL) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Great Elm Capital Corp., a company formed by Great Elm Capital Group, Inc. (“GEC”, formerly Unwired Planet, Inc.) (NASDAQ GS: GEC) and funds managed by MAST Capital Management, LLC (“MAST Capital”, collectively with GEC, the “Consortium”).

Click here to learn more: http://rigrodskylong.com/investigations/full-circle-capital-corporation-full.

Under the terms of the agreement, Full Circle stockholders are expected to own approximately 38% of the combined Great Elm Capital Corp., based on a pro-forma net asset value in excess of $190 million as of March 31, 2016.

The investigation concerns whether Full Circle’s board of directors failed to adequately shop the Company and obtain the best possible value for Full Circle shareholders before entering into an agreement with the Consortium.

On July 28, 2016, Sims Capital Management LLC (“SCM”), owners of approximately 4.9% of Full Circle’s outstanding shares, filed a Schedule 13D with the United States Securities and Exchange Commission. In its filing, SCM indicated that it had sent three letters to Full Circle’s Board of Directors raising various issues with respect to: (i) the convoluted structure and complexity of the Proposed Merger, and (ii) raising specific issues with respect to the quality and pricing of certain of the MAST Capital assets proposed to be contributed to the Survivor in the Proposed Merger, particularly the securities of Avanti Communications PLC. In short, SCM believes that Full Circle shareholders will be better served by turning down the Proposed Merger, and then proceeding to liquidate the Company.

If you own the common stock of Full Circle and purchased your shares before June 24, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at [phone]; by e-mail to [e-mail], or at: http://rigrodskylong.com/investigations/full-circle-capital-corporation-full.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160729005616/en/

Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra888-969-4242302-295-5310Fax: [e-mail]://www.rigrodskylong.com