---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-028169"
form_type: "8-K"
ticker: "RAND"
cik: "0000081955"
company_name: "RAND CAPITAL CORP"
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T09:37:05.157901+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rand Capital subsidiary surrenders SBIC license, changes name to Rand Capital Sub, Inc.

## Summary
- Wholly owned subsidiary Rand Capital SBIC, Inc. surrendered its SBIC license to the SBA effective Nov 8, 2021.
- Filed restated certificate of incorporation changing name to Rand Capital Sub, Inc. and removing SBIC references on Nov 10, 2021.
- Amended and restated bylaws to conform to new name and remove SBIC references; approved by board and sole shareholder Oct 29, 2021.
- SBA acceptance of license surrender received Nov 8, 2021, triggering effectiveness of corporate changes.

## SEC filing metadata
- accession: 0001493152-21-028169
- form_type: 8-K
- ticker: RAND
- cik: 0000081955
- company_name: RAND CAPITAL CORP
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81955/000149315221028169/0001493152-21-028169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81955/000149315221028169/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-028169
- JSON: https://secwatch.observer/filing/0001493152-21-028169.json
- Plain text: https://secwatch.observer/filing/0001493152-21-028169.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.