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Stock impact report

Rand Capital Mourns the Passing of Chairman of the Board Reginald B. Newman II

Rand Capital Corporation - Closed End Fund (RAND) 
US:NASDAQ Investor Relations: ir.randcapital.com
Company Research Source: Business Wire
BUFFALO, N.Y.--(BUSINESS WIRE)-- Rand Capital Corporation (NASDAQ:RAND) (“Rand”), a venture capital company which invests in growth businesses with unique product, service or technology concepts, announced today with great sorrow that Reginald B. Newman II, Chairman of the Board, passed away unexpectedly on April 6, 2018. Allen F. (“Pete”) Grum, President and Chief Executive Officer of Rand Capital, commented, “We are deeply saddened by Reg’s sudden passing. We will miss his leadership and wish we could have expressed our appreciation one more time. On behalf of the Board of Directors and team at Rand Capital, I offer our sincere condolences to his family.” Mr. Newman became a Director of Rand in 1987 and was named Chairman of the Board in 1996. He was the Chairman of Prior Aviation Service, Inc., the Fixed-Base Operator (FBO) at Buffalo Niagara International Airport, Buffalo, NY. Mr. Newman Show less Read more
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