Rand Capital Changes Venue for Annual Meeting of Shareholders to Virtual Only Participation
April 06 2021 - 10:33AM
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
Thursday, April 22, 2021 at 10:30 a.m. Eastern Time to virtual only
participation.
Shareholders as of the close of business on March 5, 2021, which
is the record date for the Annual Meeting, can attend the meeting
virtually via www.virtualshareholdermeeting.com/RAND2021.
Shareholders are encouraged to go to the website link 15 minutes
prior to the start of the Annual Meeting to register. 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 (“RCM”). Additional information can be found at the
Company’s website where it regularly posts information:
https://www.randcapital.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20210406005350/en/
Company: Allen F. ("Pete")
Grum President and CEO Phone: 716.853.0802 Email:
pgrum@randcapital.com
Investors: Deborah K.
Pawlowski Kei Advisors LLC Phone: 716.843.3908 Email:
dpawlowski@keiadvisors.com
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