Brief: Rand Capital Announces Preliminary Results Of Special Meeting With Shareholders Supporting All Proposals

Rand Capital

22/05/2019 22:19

May 22 (Reuters) - Rand Capital Corp  RAND.O :
    * RAND CAPITAL ANNOUNCES PRELIMINARY RESULTS OF SPECIAL
MEETING
WITH SHAREHOLDERS SUPPORTING ALL PROPOSALS
    * RAND CAPITAL CORP - APPROVED COMPANY'S ENTRY INTO AN
INVESTMENT
ADVISORY AGREEMENT AND RESULTING EXTERNALIZATION OF MANAGEMENT
    * RAND CAPITAL - APPROVED ISSUANCE & SALE OF ABOUT 8.3
MILLION
SHARES TO EAST AT A PRICE PER SHARE OF $3.00 FOR TOTAL
CONSIDERATION OF $25 MILLION

Source text for Eikon:  ID:nBw5nqxfha 
Further company coverage:  RAND.O 

 ((Reuters.Briefs@thomsonreuters.com;))