secwatch.observer — SEC 8-K summary
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Issuer:     RAND CAPITAL CORP (RAND)
CIK:        0000081955
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001493152-21-027106
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Rand Capital subsidiary repays $11.2M SBA debentures, surrenders SBIC license
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- Wholly-owned subsidiary Rand Capital SBIC Inc. repaid all SBA-guaranteed debentures plus accrued interest totaling $11.2M on Nov 2, 2021.
- Company notified SBA of intention to surrender its SBIC license, ceasing SBIC operations.
- Repayment and license surrender terminate access to an additional $3M in SBA-guaranteed debentures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81955/000149315221027106/0001493152-21-027106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81955/000149315221027106/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-027106

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