Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) Files An 8-K Other Events
Item 8.01. Other Events
On December 17, 2019, Firsthand Technology Value Fund, Inc. issued a press release announcing its top portfolio holdings at the end of November 2019. The top holdings include Pivotal Systems, Revasum, IntraOp Medical, Wrightspeed and Hera Systems. The press release also announced that, as of November 30, 2019, the Fund’s top holdings constituted 84.5% of the Fund’s estimated total investments.
Item 9.01. Financial Statements and Exhibits
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| (b) | Pro forma financial information: |
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| (c) | Shell company transactions: |
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| (d) | Exhibits |
99.1 Press Release dated December 17, 2019.
Firsthand Technology Value Fund, Inc. Exhibit
EX-99.1 2 fp0048732_ex991.htm News Release Firsthand Technology Value Fund Discloses Top Portfolio Holdings San Jose,…
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About Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC)
Firsthand Technology Value Fund, Inc. is an externally managed, closed-end, non-diversified management investment company. The Fund’s investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. It invests approximately 80% of its total assets for investment purposes in technology companies. It invests approximately 70% of its assets in privately held companies and public companies. It may invest approximately 30% of the portfolio in opportunistic investments. Its portfolio comprises equity and equity derivative securities of technology and cleantech companies. Its principal focus is to invest in illiquid private technology and cleantech companies and it may also invest in micro-cap publicly traded companies. It invests in industries, such as advanced materials, cloud computing, biofuels and fuel cells, among others. Firsthand Capital Management, Inc. is the Fund’s investment advisor.