Rand Capital Corp Files 8-K

TL;DR

Rand Capital filed an 8-K on Dec 5, 2024. Check for updates.

AI Summary

Rand Capital Corporation filed an 8-K on December 5, 2024, reporting an "Other Events" and "Financial Statements and Exhibits" filing. The company, incorporated in New York with its principal executive offices in Buffalo, NY, is subject to the 1934 Act and has SEC file number 814-00235. No specific financial details or events were detailed in the provided text, beyond the filing type and date.

Why It Matters

This filing indicates Rand Capital Corporation has submitted a regulatory report to the SEC, which may contain important updates or financial information for investors.

Risk Assessment

Risk Level: low — The filing is a standard procedural report without immediate disclosed financial impact or significant corporate changes.

Key Numbers

• 814-00235 — SEC File Number (Identifies the company's filings with the SEC.)
• 16-0961359 — I.R.S. Employer Identification Number (Company's tax identification number.)

Key Players & Entities

• RAND CAPITAL CORP (company) — Registrant
• December 5, 2024 (date) — Filing Date
• New York (location) — State of Incorporation
• Buffalo, NY (location) — Principal Executive Offices
• 1934 Act (legal_document) — SEC Act

FAQ

From the Filing

0001493152-24-048884.txt : 20241205 0001493152-24-048884.hdr.sgml : 20241205 20241205163029 ACCESSION NUMBER: 0001493152-24-048884 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20241205 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241205 DATE AS OF CHANGE: 20241205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAND CAPITAL CORP CENTRAL INDEX KEY: 0000081955 ORGANIZATION NAME: IRS NUMBER: 160961359 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 814-00235 FILM NUMBER: 241529504 BUSINESS ADDRESS: STREET 1: 1405 RAND BUILDING CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 7168530802 MAIL ADDRESS: STREET 1: 1405 RAND BUILDING CITY: BUFFALO STATE: NY ZIP: 14203 8-K 1 form8-k.htm false 0000081955 0000081955 2024-12-05 2024-12-05 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of report (Date of earliest event reported): December 5, 2024   RAND CAPITAL CORPORATION (Exact Name of Registrant as Specified in Its Charter)   New York   814-00235   16-0961359 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification Number)   1405 Rand Building , Buffalo , NY 14203 (Address of Principal Executive Offices) (Zip Code)   (716) 853-0802 (Registrant’s Telephone Number, Including Area Code)   Not Applicable (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)         ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)         ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))         ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.10 par value   RAND   Nasdaq Capital Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐             Item 8.01. Other Events.   On December 5, 2024, the Board of Directors of Rand Capital Corporation (the “Company”) declared a dividend on the Company’s outstanding shares of common stock in the amount of $4.20 per share payable on January 24, 2025 to shareholders of record as of the close of business on December 16, 2024. The dividend will be paid in cash or shares of the Company’s common stock at the election of each shareholder, although the total amount of cash to be distributed to all shareholders for the dividend will be limited to 20% of the aggregate amount of the total dividend to be paid (the “Cash Limitation”). The remaining portion of the dividend will be paid in the form of