Rand Capital Corporation has announced a change in its independent registered public accounting firm. Effective September 11, 2025, the company's Audit Committee and Board of Directors approved the replacement of Freed Maxick, P.C. with Withum Smith+Brown, PC. This decision follows the acquisition of certain assets of Freed Maxick by Withum. The audit reports from Freed Maxick for the fiscal years ending December 31, 2023, and 2024 were unqualified and contained no adverse opinions or disclaimers. Rand Capital confirmed that there were no disagreements or reportable events with Freed Maxick during this period. Withum will now handle the audits for the fiscal year ending December 31, 2025.
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