Rand Capital Continues Portfolio Transition with Successful Exit of Position in Centivo

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Sep 23, 2021

Rand+Capital+Corporation (Nasdaq: RAND) (“Rand”), a business development company (“BDC”), announced today that it sold all of its equity holdings in Centivo Corporation for gross proceeds of approximately $2.4 million. Centivo was held at a fair value of $1.4 million and represented 2.4% of Rand’s net assets, each at June 30, 2021.