RAND CAPITAL CORP reported first quarter ended March 31, 2026 results: revenue $1.2 million, net income $545,000, or $0.18 per share, EPS $0.18 per share.
“--- 14 Lafayette Square, Suite 1405 ● Buffalo, New York 14203 FOR IMMEDIATE RELEASE Rand Capital Reports First Quarter Fiscal Year 2026 Results ● Total investment income was $1.2 million compared with $2.0 million in the prior-year period, primarily reflecting lower interest and fee income and the impact of non-accruals ● Net asset value (NAV) per share was”
Auditor Changes
RAND CAPITAL CORP engaged Withum Smith+Brown, PC as its auditor.
“the Audit Committee and the Board each approved the engagement of Withum as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, effective immediately”
Auditor Changes
RAND CAPITAL CORP dismissed Freed Maxick, P.C. as its auditor.
“(a) Replacement of Previous Independent Registered Public Accounting Firm On September 11, 2025, the Audit Committee (the “Audit Committee”) of the Board of Directors (the “Board”) of Rand Capital Corporation (the “Company”) and the Board each approved the replacement of Freed Maxick, P.C. (“FM”) as the Company’s independent registered public accounting firm, due to the acquisition of certain assets of FM by Withum Smith+Brown,”
Earnings Releases
RAND CAPITAL CORP reported the first quarter ended March 31, 2024 results: revenue $2.1 million, net income $840,000, or $0.33 per share, EPS $0.33 per share.
“Total Investment Income for First Quarter 2024 ● Strategy focused on expanding portfolio composition with new debt investments drives total investment income growth of 12% to $2.1 million for the first quarter of 2024 ● Investment portfolio comprised of 70% interest yielding debt instruments at quarter-end compared with 64% at the end of 2023, improving”
Shareholder Votes
RAND CAPITAL CORP shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-05-07 meeting.
“Proposal 2 – RATIFICATION OF APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM In accordance with the results below, the selection of Freed Maxick CPAs, P.C. as the Company’s independent registered public accounting firm for the year ending December 31, 2024 was ratified. Votes For Votes Against Abstentions Broker Non-Votes 2,384,885 13,856 3,592 –”
Shareholder Votes
RAND CAPITAL CORP shareholders approved Election of Directors at the 2024-05-07 meeting.
“Proposal 1 – ELECTION OF DIRECTORS In accordance with the results below, each nominee listed below was re-elected to serve as a director.”
Earnings Releases
RAND CAPITAL CORP reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue Total investment income of $7.3 million increased $1.6 million, or 27%, from the prior year, net income Net investment income per share was $1.15 for 2023 compared with $1.72 per share in the prior year, EPS $0.37 per share.
“filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 NEWS RELEASE 14 Lafayette Square, Suite 1405 ● Buffalo, New York 14203 FOR IMMEDIATE RELEASE Rand Capital Reports 27% Increase in Total Investment Income for 2023 ● Portfolio expansion centered on debt investments drives total investment income growth of 11% to $1.9 million for the fourth”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.