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Total investment income was $2.0 million, a 3% decrease from the prior-year period, primarily due to the repayment of three debt instruments, partially offset by higher fee income Total expenses declined 36% year-over-year, reflecting lower interest expense from reduced debt levels and a capital gains incentive fee adjustment Net investment income grew 45% to $1.2 million, or $0.42 per share Net asset value per share ("NAV") was $21.99 compared with $25.31 at year-end 2024; reflecting the issuance of additional shares as part of the 2024 fourth quarter dividend Repaid revolver debt during the quarter; ended the first quarter of 2025 with over $22 million in available credit capacit
Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The cash dividend will be distributed on or about June 13, 2025, to shareholders of record as of May 30, 2025. Rand has approximately 3 million shares outstanding. Additional Information Regarding Dividend Distributions The amount and timing of dividend distributions, including future dividend distributions, are subject to the discretion of Rand's Board of Directors. When declaring distributions, Rand's Board of Directors reviews
Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its first quarter 2025 financial results before the opening of financial markets on Monday, May 5, 2025. The Company will also host a conference call and webcast to review its results that day. First Quarter 2025 Conference Call Monday, May 5, 2025 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Monday, May 19, 2025. To listen to the archived call, dial (412) 317-6671 and enter rep
Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced today that SciAps, Inc., a portfolio company in which Rand has an equity and debt investment, is to be acquired by Spectris plc (LSE: SXS) for consideration of up to $260 million comprised of up-front consideration of $200 million plus a deferred element of up to $60 million payable subject to SciAps attaining certain financial metrics. The transaction is subject to customary closing conditions and regulatory approvals, with completion expected to take place later this year. Daniel P. Penberthy, President and CEO of R
Allen F. "Pete" Grum to retire as President and CEO and become Vice Chair of Board of Directors Daniel P. Penberthy appointed President and CEO effective December 1, 2021 Margaret Brechtel promoted to Executive Vice President and CFO Robert M. Zak appointed Chair of the Board Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company, announced today that Allen F. "Pete" Grum, President and Chief Executive Officer of Rand, intends to retire effective December 1, 2021. Mr. Grum will remain as a member of the Board of Directors of the Company and has been appointed Vice Chair of the Board of Directors of the Company effective December 1, 2021. As
4 - RAND CAPITAL CORP (0000081955) (Issuer)
4 - RAND CAPITAL CORP (0000081955) (Issuer)
4 - RAND CAPITAL CORP (0000081955) (Issuer)
10-Q - RAND CAPITAL CORP (0000081955) (Filer)
8-K - RAND CAPITAL CORP (0000081955) (Filer)
8-K - RAND CAPITAL CORP (0000081955) (Filer)
Total investment income was $2.0 million, a 3% decrease from the prior-year period, primarily due to the repayment of three debt instruments, partially offset by higher fee income Total expenses declined 36% year-over-year, reflecting lower interest expense from reduced debt levels and a capital gains incentive fee adjustment Net investment income grew 45% to $1.2 million, or $0.42 per share Net asset value per share ("NAV") was $21.99 compared with $25.31 at year-end 2024; reflecting the issuance of additional shares as part of the 2024 fourth quarter dividend Repaid revolver debt during the quarter; ended the first quarter of 2025 with over $22 million in available credit capacit
Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The cash dividend will be distributed on or about June 13, 2025, to shareholders of record as of May 30, 2025. Rand has approximately 3 million shares outstanding. Additional Information Regarding Dividend Distributions The amount and timing of dividend distributions, including future dividend distributions, are subject to the discretion of Rand's Board of Directors. When declaring distributions, Rand's Board of Directors reviews
Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its first quarter 2025 financial results before the opening of financial markets on Monday, May 5, 2025. The Company will also host a conference call and webcast to review its results that day. First Quarter 2025 Conference Call Monday, May 5, 2025 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Monday, May 19, 2025. To listen to the archived call, dial (412) 317-6671 and enter rep
4 - RAND CAPITAL CORP (0000081955) (Issuer)
4 - RAND CAPITAL CORP (0000081955) (Issuer)
4 - RAND CAPITAL CORP (0000081955) (Issuer)