Annual report [Section 13 and 15(d), not S-K Item 405]

Schedule Of Consolidated Changes In Investments At Cost And Realized Gain

v3.25.0.1
Schedule Of Consolidated Changes In Investments At Cost And Realized Gain
12 Months Ended
Dec. 31, 2024
Schedule of Investments [Abstract]  
Schedule Of Consolidated Changes In Investments At Cost And Realized Gain

RAND CAPITAL CORPORATION AND SUBSIDIARY

SCHEDULE OF CONSOLIDATED CHANGES IN INVESTMENTS AT

COST AND REALIZED GAIN

For the Year Ended December 31, 2024

 

 

 

Cost
Increase (Decrease)

 

 

Realized
Gain (Loss)

 

New investments:

 

 

 

 

 

 

 Mattison Avenue Holdings LLC

 

$

5,500,000

 

 

$

—

 

 Mountain Regional Equipment Solutions

 

 

3,204,545

 

 

 

—

 

 Mobile RN Holdings LLC

 

 

2,875,000

 

 

 

—

 

 Seybert’s Billiards Corporation

 

 

1,800,000

 

 

 

—

 

 ITA Acquisition, LLC

 

 

458,333

 

 

 

—

 

 BMP Food Service Supply Holdco, LLC

 

 

107,619

 

 

 

—

 

Total of new investments

 

 

13,945,497

 

 

 

—

 

Other changes to investments:

 

 

 

 

 

 

 Caitec, Inc. interest conversion

 

 

590,424

 

 

 

—

 

 ITA Acquisition, LLC interest conversion

 

 

457,837

 

 

 

—

 

 Filterworks Acquisition USA, LLC interest conversion

 

 

253,952

 

 

 

—

 

 BMP Food Service Supply Holdco, LLC interest conversion

 

 

177,911

 

 

 

—

 

 Seybert’s Billiards Corporation OID amortization and interest conversion

 

 

128,257

 

 

 

—

 

 Highland All About People Holdings, Inc. interest conversion

 

 

125,904

 

 

 

—

 

 Mattison Avenue Holdings, LLC interest conversion

 

 

72,902

 

 

 

—

 

 Pressure Pro, Inc. OID amortization and interest conversion

 

 

66,721

 

 

 

—

 

 FCM Industries Holdco LLC interest conversion

 

 

46,681

 

 

 

—

 

 Inter-National Electronic Alloys LLC interest conversion

 

 

33,995

 

 

 

—

 

 HDI Acquisition LLC interest conversion

 

 

21,519

 

 

 

—

 

 GoNoodle, Inc. interest conversion

 

 

14,314

 

 

 

—

 

 Mountain Regional Equipment Solutions OID amortization

 

 

12,000

 

 

 

—

 

 Mobile RN Holdings LLC interest conversion

 

 

6,319

 

 

 

—

 

Total of other changes to investments

 

 

2,008,736

 

 

 

—

 

Investments repaid, sold or liquidated:

 

 

 

 

 

 

Tilson Technology Management, Inc. asset sale

 

 

—

 

 

 

397,264

 

DSD Operating, LLC escrow receipt

 

 

—

 

 

 

23,699

 

BMP Food Service Supply Holdco, LLC debt repayment

 

 

(34,838

)

 

 

—

 

ACV Auctions, Inc. stock sold

 

 

(53,094

)

 

 

3,450,092

 

Filterworks Acquisition USA, LLC debt repayment

 

 

(206,250

)

 

 

—

 

Ares Capital Corporation stock sold

 

 

(267,140

)

 

 

176,794

 

Barings BDC, Inc. stock sold

 

 

(333,352

)

 

 

59,282

 

Mezmeriz, Inc. liquidated

 

 

(742,850

)

 

 

(742,850

)

FS KKR Capital Corp. stock sold

 

 

(755,058

)

 

 

190,072

 

PennantPark Investment Corporation stock sold

 

 

(892,212

)

 

 

484,834

 

Carlyle Secured Lending Inc. stock sold

 

 

(899,749

)

 

 

598,371

 

Knoa Software, Inc. liquidated

 

 

(1,229,155

)

 

 

(1,229,155

)

Pressure Pro, Inc. debt repayment

 

 

(1,427,452

)

 

 

—

 

Mattison Avenue Holdings LLC loan repayment

 

 

(1,894,470

)

 

 

—

 

Nailbiter, Inc. debt repayment

 

 

(2,250,000

)

 

 

—

 

SciAps, Inc. debt repayment and equity sale

 

 

(5,213,984

)

 

 

7,716,461

 

Total of investments repaid, sold, liquidated or converted

 

 

(16,199,604

)

 

 

11,124,864

 

Net change in investments, at cost and total realized gain

 

$

(245,371

)

 

$

11,124,864