secwatch.observer — SEC 8-K summary
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Issuer:     RAND CAPITAL CORP (RAND)
CIK:        0000081955
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001493152-23-015861
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rand Capital Q1 total investment income up 65% to $1.85M; dividend raised 25% to $0.25/share
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- Total investment income $1.85M, up 65% YoY; adjusted NII per share $0.39 vs $0.21.
- NAV per share $23.00, up 3% from Dec 31, 2022; portfolio fair value $68.2M (+11%).
- Quarterly dividend increased 25% to $0.25/share; payable June 14, 2023.
- Board renewed $1.5M share repurchase program through April 19, 2024.
- Invested $5.6M in new/follow-on investments; cash $1.8M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81955/000149315223015861/0001493152-23-015861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81955/000149315223015861/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-015861

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