Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly-traded venture capital fund that invests in technology and cleantech companies, announced today the commencement of a “modified Dutch auction” tender offer (the “Tender Offer”) to purchase up to $4 million of its common stock at a price per share not less than $6.00 and not greater than $8.00 per share, in $0.10 increments. The Tender Offer will commence today and will expire at 5:00 P.M. Eastern Standard Time on January 30, 2020, or on such later date to which the offer is extended. The Fund and Mr. Kevin Landis, the Chairman of the Board of Directors and Chief Executive Officer of the Fund (“Mr. Landis”), will purchase up to $4 million of the Fund’s outstanding common shares for cash.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its top five holdings as of April 30, 2020, were Pivotal Systems, IntraOp Medical, Wrightspeed, Revasum, and SVXR. Revasum, Inc. (ASX:RVS) is a provider of chemical-mechanical planarization (CMP) and grinding tools to the semiconductor industry.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of September 30, 2019, was $21.16. The Fund further announced that its top five holdings as of September 30, 2019, were Pivotal Systems, Revasum, IntraOp Medical, Wrightspeed, and Hera Systems.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of March 31, 2020, was $11.58. The Fund further announced that its top five holdings as of March 31, 2020, were Pivotal Systems, IntraOp Medical, Wrightspeed, Revasum, and SVXR. As of March 31, 2020, the Fund’s investment in Pivotal consisted of 45,090,506 shares of restricted and unrestricted common stock and common stock equivalents and represented approximately 31.1% of the Fund’s preliminary net assets.
SAN JOSE, Calif., March 16, 2020 -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and.
SAN JOSE, Calif., Nov. 08, 2019 -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of December 31, 2019, was $17.70. The Fund further announced that its top five holdings as of December 31, 2019, were Pivotal Systems, Revasum, IntraOp Medical, Wrightspeed, and Hera Systems.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly-traded venture capital fund that invests in technology and cleantech companies, announced today the final results of its “modified Dutch auction” tender offer (the “Tender Offer”). The Fund’s Tender Offer expired at 5:00 P.M., Eastern Standard Time, on February 14, 2020. The Tender Offer was made pursuant to an Offer to Purchase dated December 17, 2019 and the related Letter of Transmittal, by which up to $4 million of the Fund’s common stock would be purchased at a price per share not less than $6.00 and not greater than $8.00 per share, in $0.10 increments.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly-traded venture capital fund that invests in technology and cleantech companies, announced today preliminary results from its “modified Dutch auction” tender offer (the “Tender Offer”). The Fund’s Tender Offer expired at 5:00 P.M., Eastern Standard Time, on February 14, 2020. The Tender Offer was made pursuant to an Offer to Purchase dated December 17, 2019 and the related Letter of Transmittal, by which up to $4 million of the Fund’s common stock would be purchased at a price per share not less than $6.00 and not greater than $8.00 per share, in $0.10 increments.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly-traded venture capital fund that invests in technology and cleantech companies, announced today that it has extended the expiration date of its previously announced “modified Dutch auction” tender offer (the “Tender Offer”) to purchase up to $4 million of its common stock at a price per share not less than $6.00 and not greater than $8.00 per share, in $0.10 increments. The Tender Offer was previously scheduled to expire at 5:00 P.M. Eastern Standard Time on January 30, 2020, and will instead expire at 5:00 P.M. Eastern Standard Time on February 14, 2020, or on such later date to which the Tender Offer is further extended. The Tender Offer is being extended to provide shareholders with sufficient time to consider additional disclosures that were made by the Fund today, and those that may be made by the Fund prior to the expiration of the Tender Offer.
SAN JOSE, Calif., Aug. 09, 2019 -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly-traded venture capital fund, announced today that it has postponed its 2020 Annual Meeting of Stockholders (the “Annual Meeting”), which was scheduled to be held at 2:00 p.m., Pacific Time, on Wednesday, May 13, 2020. Santa Clara County, California, in conjunction with other local counties, recently extended its COVID-19-related shelter-in-place order, which restricts non-essential business operations, through May 31, 2020.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its top five holdings as of January 31, 2020, were Pivotal Systems, Revasum, IntraOp Medical, Wrightspeed, and Hera Systems.
Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of June 30, 2019, was $21.93. The Fund further announced that its top five holdings as of June 30, 2019, were Revasum, Pivotal Systems, IntraOp Medical, Wrightspeed, and Hera Systems.
SAN JOSE, Calif., May 11, 2020 -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and.