Firsthand Technology Value Fund, Inc. is a business development company specializes in investments in start-up, late, development stage, and PIPEs. It seeks to invest in pre-IPO companies. The fund also seeks to make investments in companies with operating histories that are unprofitable or marginally profitable, that have negative net worth, or that are involved in bankruptcy or reorganization proceedings. In addition, it also makes investments in connection with the acquisition or divestiture of companies or divisions of companies. The fund seeks to invest through direct investments in private companies, negotiations with selling shareholders, and in organized secondary marketplaces for private securities. It may also invest in micro-cap publicly traded companies and also make investments in securities of public companies. The fund seeks to invest in private technology, information technology, cleantech sector, and companies that possess patents and other defensible intellectual property rights with a focus on Internet, consumer electronics, computer hardware, computer software, social networking, computer peripherals, solar photovoltaic, energy efficiency, solid-state lighting, water purification, wind-generated electricity, fuel cells, bio-fuels, electronic components, semiconductors, telecommunications, and advanced materials. Cleantech companies include those engaged in the sale of goods and services designed to harness renewable energy and materials, eliminate emissions and waste, and reduce the use of natural resources. It invests primarily in equity securities of private companies in the United States. However the fund also invests in securities of public companies located outside of the United States. It seeks to invest between $1 million and $10 million each in its investee companies. The fund structures its equity investments as preferred stock, common stock, warrants, limited partnership interests, options, other beneficial ownership interests, convertible debt, short term debt investments, high-yield bonds, and distressed debt. It prefers to control, be represented on, or have observer rights on the board of directors of a portfolio company. The fund seeks to exit its investments through strategic acquisition by other industry participants, initial public offering of common stock, or other capital market transaction.
IPO Year:
Exchange: NASDAQ
Website: firsthandtvf.com
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40-17G - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
10-Q - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
8-K - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
10-Q - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
8-K - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
8-K - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
8-K - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
10-Q - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
10-K/A - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
10-K/A - Firsthand Technology Value Fund, Inc. (0001495584) (Filer)
SAN JOSE, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (OTCQB:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended September 30, 2024. As of September 30, 2024, the Fund's net assets were approximately $1.5 million, or $0.22 per share, compared with net assets of approximately $1.0 million, or $0.15 per share as of June 30, 2024. As of September 30, 2024, the Fund's portfolio included public and private securities valued at approximately $1.4 million, or $0.21 per share, which includes approximately $0.15 per share in cash and cash eq
SAN JOSE, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (OTCQB:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended June 30, 2024. As of June 30, 2024, the Fund's net assets were approximately $1.0 million, or $0.15 per share, compared with net assets of approximately $0.2 million, or $0.02 per share as of March 31, 2024. As of June 30, 2024, the Fund's portfolio included public and private securities valued at approximately $5.7 million, or $0.82 per share, which includes approximately $0.00 per share in cash and cash equivalents.
SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (OTCQB:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended March 31, 2024. As of March 31, 2024, the Fund's net assets were approximately $0.2 million, or $0.02 per share, compared with net assets of approximately $1.3 million, or $0.18 per share as of December 31, 2023. As of March 31, 2024, the Fund's portfolio included public and private securities valued at approximately $4.7 million, or $0.68 per share, which includes approximately $0.01 per share in cash and cash equivalents. P
SAN JOSE, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (OTCQB:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the fiscal year ended December 31, 2023. As of December 31, 2023, the Fund's net assets were approximately $1.3 million, or $0.18 per share, compared with net assets of approximately $30.6 million, or $4.44 per share as of December 31, 2022. As of December 31, 2023, the Fund's portfolio included public and private securities valued at approximately $8.7 million, or $1.27 per share, which includes approximately $0.01 per share in cash and ca
Firsthand Technology Value Fund, Inc. (OTCQB:SVVC) (the "Fund"), a publicly-traded venture capital fund that invests in technology and cleantech companies, today announced that its Board of Directors (the "Board") has engaged Ladenburg Thalmann & Co. Inc. ("Ladenburg") to evaluate strategic options for the Fund, with the goal of increasing stockholder value. There can be no assurance that this exploration of strategic alternatives will result in the Fund entering or completing any transaction. The Fund does not intend to make any further disclosures regarding the strategic review process unless and until a specific course of action is identified and approved. About Firsthand Technology Va
Firsthand Technology Value Fund, Inc. (OTCQB:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended September 30, 2023. As of September 30, 2023, the Fund's net assets were approximately $0.7 million, or $0.10 per share, compared with net assets of approximately $11.1 million, or $1.61 per share as of June 30, 2023. As of September 30, 2023, the Fund's portfolio included public and private securities valued at approximately $8.1 million, or $1.18 per share, which includes approximately $0.04 per share in cash and cash equivalents. Portfolio Summary (as of 9/30/23) Inve
Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) (the "Fund" or "Firsthand"), a publicly-traded venture capital fund that invests in technology and cleantech companies, today announced that its Board of Directors (the "Board") has approved a plan to seek stockholder approval to withdraw the Fund's election to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended. The Board will also be seeking stockholder approval on a plan of liquidation of the Fund. The Fund also announced today that it has suffered material setbacks on two of its largest holdings. The resulting valuation write-downs could reduce the asset value of the Fund to a l
Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) (the "Fund" or "Firsthand"), a publicly-traded venture capital fund that invests in technology and cleantech companies, today notified the Nasdaq Stock Market LLC ("Nasdaq") of the Fund's decision to voluntarily delist its common stock from the Nasdaq Global Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about October 16, 2023. As a result, the Fund expects the delisting of its common stock to become effective on or about October 26, 2023. As previously noted in the Fund's Current Report on Form 8-K filed with the SEC on May 3, 2023, and on the Fund's Current Report on Form 8-K
Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended June 30, 2023. As of June 30, 2023, the Fund's net assets were approximately $11.1 million, or $1.61 per share, compared with net assets of approximately $25.9 million, or $3.75 per share as of March 31, 2023. As of June 30, 2023, the Fund's portfolio included public and private securities valued at approximately $20.6 million, or $2.99 per share, which includes approximately $0.08 per share in cash and cash equivalents. Portfolio Summary (as of 6/30/23) Investment
Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended March 31, 2023. As of March 31, 2023, the Fund's net assets were approximately $25.9 million, or $3.75 per share, compared with net assets of approximately $30.6 million, or $4.44 per share as of December 31, 2022. As of March 31, 2023, the Fund's portfolio included public and private securities valued at approximately $35.4 million, or $5.13 per share, which includes approximately $0.12 per share in cash and cash equivalents. Portfolio Summary (as of 3/31/23) Investmen
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4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
4 - Firsthand Technology Value Fund, Inc. (0001495584) (Issuer)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)
SC 13D/A - Firsthand Technology Value Fund, Inc. (0001495584) (Subject)