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Stock impact report

Firsthand Technology Value Fund Announces Fiscal Year Financial Results, NAV of $0.18 Per Share

Firsthand Technology Value Fund, Inc. (SVVC) 
US:NASDAQ Investor Relations: firsthandtvf.com
Company Research Source: GlobeNewswire
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 cash equivalents. Portfolio Summary (as of 12/31/23) InvestmentFair Value1,Fair Value per Share1,2Equity/Debt Investments$8.66 million$1.26Cash/Cash Equivalents$0.07 million$0.01Other Assets$0.07 million$0.01Total Assets$8.81 million$1.28Total Liabilities$7.55 million$1.10Net Assets$1.26 million Show less Read more
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