{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-026712","form_type":"8-K","ticker":"RAND","cik":"0000081955","company_name":"RAND CAPITAL CORP","filed_at":"2023-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.724926+00:00","generated_at":"2026-06-12T06:43:35.927434+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rand Capital Q2 total investment income rises 34% to $1.8M; NAV per share $23.79","bullets":["Net investment income $493K ($0.19/sh); adjusted NII $0.38/sh vs $0.29 prior year.","Portfolio fair value $66.8M (+9% from Dec 2022); debt yield 13.5%; 29 portfolio companies.","Received $6.8M proceeds from DSD sale with $2.5M gain; sold 125K ACV Auctions shares for $1.7M gain.","Cash $8.4M, up from $1.4M at year-end; paid down $3M on $10.7M credit facility in July.","Declared Q3 dividend $0.25/sh payable Sept 14, 2023 to holders of record Aug 31."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-026712","json":"https://secwatch.observer/filing/0001493152-23-026712.json","markdown":"https://secwatch.observer/filing/0001493152-23-026712.md","text":"https://secwatch.observer/filing/0001493152-23-026712.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81955/000149315223026712/0001493152-23-026712-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81955/000149315223026712/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T06:43:35.927434+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cf289af53821bab27999a6e5f79e02222f4108a9","claim":"RAND CAPITAL CORP reported the second quarter ended June 30, 2023 results: revenue $1.8 million, net income $493,000, or $0.19 per share, EPS $0.19 per share.","evidence_excerpt":"• Buffalo, New York 14203 FOR IMMEDIATE RELEASE Rand Capital Reports 34% Increase in Total Investment Income for Second Quarter 2023 ● Total investment income increased 34% to $1.8 million for the quarter compared with the second quarter last year driven by strong growth in interest and fee income ● Net asset value per share (“NAV”) was $23.79 at June 30, 2023,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/81955/000149315223026712/0001493152-23-026712-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$1.8 million"},{"label":"Net income","value":"$493,000, or $0.19 per share"},{"label":"EPS","value":"$0.19 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}