Rand Capital(RAND) - 2025 Q2 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE Rand Capital Reports Second Quarter 2025 Results BUFFALO, NY, August 4, 2025 – 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 second quarter ended June 30, 2025. "We delivered net investment income growth in the second quarter, primarily benefiting from a non-cash capital gains incentive fee reversal tied to the write-down of o ...