secwatch.observer — SEC 8-K summary
======================================

Issuer:     RAND CAPITAL CORP (RAND)
CIK:        0000081955
Form:       8-K
Filed at:   2021-12-30T23:59:59+00:00
Accession:  0001493152-21-032896
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.01, 2.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Rand Capital merges wholly owned subs; Sub Inc. withdraws BDC election and deregisters
--------------------------------------------------------------------------------

- Merger of Rand Capital Sub, Inc. into Rand Capital Sub LLC effective Dec 30, 2021.
- Sub Inc. withdrew its election as a business development company on Dec 30, 2021.
- Parent filed Form 15 to deregister Sub Inc. common stock and suspend reporting obligations.
- All 1,145 shares of Sub Inc. common stock cancelled for no consideration.
- Merger treated as complete liquidation under IRC Sections 332 and 337.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81955/000149315221032896/0001493152-21-032896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81955/000149315221032896/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-032896

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer