Rand Capital(RAND) - 2024 Q1 - Quarterly Results

Exhibit 99.1 NEWS RELEASE 14 Lafayette Square, Suite 1405 ● Buffalo, New York 14203 FOR IMMEDIATE RELEASE Rand Capital Reports 12% Increase in Total Investment Income for First Quarter 2024 BUFFALO, NY, May 13, 2024 – Rand Capital Corporation (Nasdaq: RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced its results for the first quarter ended March 31, 2024. Portfolio and Investment Activity As of March 31, 2024, Rand's ...