Rand Capital Changes Venue for Annual Meeting of Shareholders to Virtual Only Participation
April 14 2020 - 8:30AM
Business Wire
Rand Capital Corporation (Nasdaq:RAND) (“Rand” or “Rand Capital”
or the “Company”), a business development company, today announced
that due to the ongoing impact of the COVID-19 virus, it is
converting its Annual Meeting of Shareholders to be held on
Wednesday, April 22, 2020 at 10:30 a.m. Eastern Time to virtual
only participation.
Shareholders as of the close of business on March 6, 2020, which
is the record date for the Annual Meeting, can attend the meeting
virtually via http://www.viewproxy.com/rand/2020. Shareholders are
encouraged to go to the website link and register ahead of the
Annual Meeting. Whether or not a shareholder plans to attend the
Annual Meeting by virtual means, Rand urges its shareholders to
vote and submit their proxy in advance of the Annual Meeting by one
of the methods described in the proxy statement.
ABOUT RAND CAPITAL Rand Capital (Nasdaq:RAND) is an
externally-managed Business Development Company (BDC) with a
wholly-owned subsidiary licensed by the U.S. Small Business
Administration (SBA) as a Small Business Investment Company (SBIC).
The Company’s investment objective is to maximize total return to
its shareholders with current income and capital appreciation by
focusing its debt and related equity investments in privately-held,
lower middle market companies with committed and experienced
managements in a broad variety of industries. Rand invests in early
to later stage businesses that have sustainable, differentiated and
market-proven products, revenue of more than $2 million and a path
to free cash flow or up to $5 million in EBITDA. The Company’s
investment activities are managed by its external investment
adviser, Rand Capital Management LLC. Additional information can be
found at the Company’s website where it regularly posts
information: https://www.randcapital.com/.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200414005245/en/
Company: Allen F. ("Pete")
Grum President and CEO 716.853.0802 pgrum@randcapital.com
Investors: Deborah K.
Pawlowski / Karen L. Howard Kei Advisors LLC 716.843.3908 /
716.843.3942 dpawlowski@keiadvisors.com /
khoward@keiadvisors.com
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