{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-009642","form_type":"8-K","ticker":"RAND","cik":"0000081955","company_name":"RAND CAPITAL CORP","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.432294+00:00","generated_at":"2026-05-25T02:28:38.313836+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 reports 17% investment income growth in 2024; NAV up 7% to $25.31","bullets":["Total investment income rose 17% to $8.6M for full year 2024, driven by debt portfolio expansion.","Net investment income per share $1.33 in 2024 vs $1.15 in 2023; adjusted NII per share $1.72 vs $1.46.","Debt investments now 75% of portfolio (up from 64% in 2023); weighted average yield 13.8%.","2024 total dividends of $5.03/share, including $3.36 stock dividend; regular quarterly cash raised 16%.","Bank debt reduced to $600k on $25M facility; $2.9M new investment in Mobile IV Nurses."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-009642","json":"https://secwatch.observer/filing/0001493152-25-009642.json","markdown":"https://secwatch.observer/filing/0001493152-25-009642.md","text":"https://secwatch.observer/filing/0001493152-25-009642.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81955/000149315225009642/0001493152-25-009642-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81955/000149315225009642/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T02:28:38.313836+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}