0001493152-24-013055.txt : 20240403 0001493152-24-013055.hdr.sgml : 20240403 20240403172916 ACCESSION NUMBER: 0001493152-24-013055 CONFORMED SUBMISSION TYPE: 40-17F2 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240403 DATE AS OF CHANGE: 20240403 EFFECTIVENESS DATE: 20240403 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DAXOR CORP CENTRAL INDEX KEY: 0000027367 ORGANIZATION NAME: IRS NUMBER: 132682108 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17F2 SEC ACT: 1940 Act SEC FILE NUMBER: 811-22684 FILM NUMBER: 24820274 BUSINESS ADDRESS: STREET 1: 350 FIFTH AVENUE STREET 2: SUITE 4740 CITY: NEW YORK STATE: NY ZIP: 10118 BUSINESS PHONE: 212-330-8500 MAIL ADDRESS: STREET 1: 350 5TH AVENUE STREET 2: SUITE 4740 CITY: NEW YORK STATE: NY ZIP: 10118 FORMER COMPANY: FORMER CONFORMED NAME: IDANT CORP DATE OF NAME CHANGE: 19730823 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAXOR CORP CENTRAL INDEX KEY: 0000027367 ORGANIZATION NAME: IRS NUMBER: 132682108 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17F2 BUSINESS ADDRESS: STREET 1: 350 FIFTH AVENUE STREET 2: SUITE 4740 CITY: NEW YORK STATE: NY ZIP: 10118 BUSINESS PHONE: 212-330-8500 MAIL ADDRESS: STREET 1: 350 5TH AVENUE STREET 2: SUITE 4740 CITY: NEW YORK STATE: NY ZIP: 10118 FORMER COMPANY: FORMER CONFORMED NAME: IDANT CORP DATE OF NAME CHANGE: 19730823 40-17F2 1 form40-17f2.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-17f-2

 

Certificate of Accounting of Securities and Similar

Investments in the Custody of

Management Investment Companies

 

Pursuant to Rule 17f-2 [17 CFR 270.17f-2]

 

1. Investment Company Act File Number: 811-22684   Date examination completed:
         
    December 31, 2023
2. State identification Number:
    AL   AK   AZ   AR   CA   CO
    CT   DE   DC   FL   GA   HI
    ID   IL   IN   IA   KS   KY
    LA   ME   MD   MA   MI   MN
    MS   MO   MT   NE   NV   NH
    NJ   NM   NY X   NC   ND   OH
    OK   OR   PA   RI   SC   SD
    TN   TX   UT   VT   VA   WA
    WV   WI   WY   PUERTO RICO        
   

Other

(specify):

 

                   
3. Exact name of investment company as specified in registration statement:
 
Daxor Corporation
 
4. Address of principal executive office (number, street, city, state, zip code):
 

109 Meco Lane, Oak Ridge, TN 37830

 

 

 

 

 
 

 

 

Management Statement Regarding Compliance with

Certain Provisions of the Investment Company Act of 1940

 

April 3, 2024

 

We, as members of management of Daxor Corporation, (the “Company”) are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, “Custody of Investments by Registered Management Investment Companies,” of the Investment Company Act of 1940. We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Company’s compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of December 31, 2023, and for the period from November 30, 2023 through December 31, 2023.

 

Based on this evaluation, we assert that the Company was in compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of December 31, 2023, and for the period from November 30, 2023 through December 31, 2023, with respect to securities reflected in the investment accounts of the Company.

 

Daxor Corporation  
   
/s/ Michael Feldschuh  
Michael Feldschuh  
President and Chief Executive Officer  
   
/s/ Robert J. Michel  
Robert J. Michel  
Chief Financial Officer  
Chief Compliance Officer  

 

 
 

 

REPORT OF INDEPENDENT PUBLIC ACCOUNTANT

 

To the Board of Directors and Shareholders

Daxor Corporation

 

We have examined management of Daxor Corporation (the “Company”) assertion, included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940, that the Company complied with the requirements of subsections (b) and (c) of Rule 17f-2, under the Investment Company Act of 1940 (the “Act”) (the “specified requirements”) as of December 31, 2023. Daxor Corporation’s management is responsible for its assertion. Our responsibility is to express an opinion on management’s assertion about the Company’s compliance with the specified requirements based on our examination.

 

Our examination was conducted in accordance with attestation standards established by the AICPA. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether management’s assertion about compliance with the specified requirements is fairly stated, in all material respects. An examination involves performing procedures to obtain evidence about whether management’s assertion is fairly stated in all material respects. The nature, timing, and extent of the procedures selected depend on our judgement, including an assessment of the risks of material misstatement of management’s assertion, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

 

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the engagement.

 

Included among our procedures were the following tests performed as of December 31, 2023, and with respect to the agreement of security purchases and sales, for the period from November 30, 2023 (the date of the last examination), through December 31, 2023:

 

  Confirmation of all securities held by custodians in book entry form including UBS Financial Services Inc. and Continental Stock Transfer & Trust
  Reconciliation of all such securities to the books and records of the Company and the custodians
  Agreement of all security purchases and all security sales or maturities since the last report from the books and records of the Company to custodian confirmations

 

Our examination does not provide a legal determination on the Company’s compliance with the specified requirements.

 

In our opinion, management’s assertion that Daxor Corporation complied with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of December 31, 2023, with respect to securities reflected in the investment account of the Company is fairly stated, in all material respects.

 

This report is intended solely for the information and use of management and the Board of Directors of Daxor Corporation and the Securities and Exchange Commission and is not intended to be, and should not be, used by anyone other than the specified parties.

 

/s/ Citrin Cooperman & Company, LLP

 

New York, New York

April 3, 2024

 

 

 

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