-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, A5uhyu0KXFY5BUa00r4YBahCEQDswFkkuD9oveWHoQZHrdc9yYCOHFKMWpbbCgt7 2avDUNJI2sIeDij3WHTqxw== 0000899797-02-000244.txt : 20021008 0000899797-02-000244.hdr.sgml : 20021008 20021008092326 ACCESSION NUMBER: 0000899797-02-000244 CONFORMED SUBMISSION TYPE: N-23C-1 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021002 FILED AS OF DATE: 20021008 EFFECTIVENESS DATE: 20021008 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAND CAPITAL CORP CENTRAL INDEX KEY: 0000081955 IRS NUMBER: 160961359 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-23C-1 SEC ACT: 1940 Act SEC FILE NUMBER: 817-00874 FILM NUMBER: 02783635 BUSINESS ADDRESS: STREET 1: 2200 RAND BUILDING CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 7168530802 MAIL ADDRESS: STREET 1: 2200 RAND BUILDING CITY: BUFFALO STATE: NY ZIP: 14203 N-23C-1 1 formn23c_1.htm N-23C-1 N-23C-1

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C.  20549

FORM N-23C-1

STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO PURCHASES OF ITS OWN
SECURITIES PURSUANT TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH

(See rules and instructions on back of this form.  If acknowledgment is desired, file this form with the Commission in triplicate.)

REPORT FOR CALENDAR MONTH ENDING SEPTEMBER  2002

                                             Rand Capital Corporation                                    
(Name of registered closed-end investment company)

 Date of
Each Transaction

Identification
of Security

Number of
Shares Purchased

Price
Per
Share

Approximate Asset
Value or Approximate
Asset Coverage Per Share
at Time of Purchase

 Name of Seller
or of
Seller's Broker

9/3/02

 Rand Common Stock

500

$1.16

$1.74

Open Market Purchase

9/12/02

 Rand Common Stock

500

$1.16

$1.74

Open Market Purchase

9/13/02

 Rand Common Stock

500

$1.06

$1.74

Open Market Purchase
9/24/02 Rand Common Stock 400 $1.00 $1.74 Open Market Purchase

REMARKS:  

RAND CAPITAL CORPORATION

           Name of Registrant
 
By:  /s/ Daniel P. Penberthy                  
Executive Vice President/CFO              
                     (Title)

Date of Statement:  October 2,  2002                       

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