Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) Files An 8-K Other Events
Item 8.01. Other Events
press release announcing its top portfolio holdings at the end of
March 2017. The top holdings include IntraOp Medical, Pivotal
Systems, Turn, QMAT and Wrightspeed. The press release also
announced that, as of March 31, 2017, the Funds top holdings
constituted 63% of the Funds estimated net assets.
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99.1
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Press Release dated April 18, 2017.
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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. Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) Recent Trading Information
Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) closed its last trading session 00.00 at 8.14 with 22,906 shares trading hands.
