Rand Capital Increases Net Asset Value to $4.47, One New Investment in Crashmob, Inc., Two Follow-On Investments, Sale of QuaDPharma and Continued Stock Repurchase Plan

Rand Capital Increases Net Asset Value to $4.47, One New Investment in Crashmob, Inc., Two Follow-On Investments, Sale of QuaDPharma and Continued Stock Repurchase Plan

BUFFALO, NY — (Marketwired) — 11/03/14 — Rand Capital Corporation ("Rand") (NASDAQ: RAND)Rand Capital Corporation ("Rand") (NASDAQ: RAND) announced September 30, 2014 net asset value of $28.6 million, or $4.47 per share, representing a $.04 increase per share from June 30, 2014, and a $.57 per share increase from September 30, 2013.Portfolio activity during the third quarter of 2014 included:(Boston, MA) () – $250,000 equity investment. developed an app dedicated to crow

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