Welcome to our dedicated page for Firsthand Technology Value Fund news (Ticker: SVVC), a resource for investors and traders seeking the latest updates and insights on Firsthand Technology Value Fund stock.
Firsthand Technology Value Fund, Inc. (OTCQB: SVVC) is a publicly traded venture capital fund that invests in technology and cleantech companies, operating as a non-diversified, closed-end investment company that has elected to be treated as a business development company. The Fund regularly issues press releases detailing its financial results, portfolio valuation changes, and other significant developments, which form the core of the news flow associated with SVVC.
News about Firsthand Technology Value Fund frequently covers quarterly and annual financial results, including net asset value (NAV) per share, net assets, and the composition of its portfolio across equity and debt investments, cash and cash equivalents, and other assets. These updates often describe how the Valuation Committee, working with an independent valuation firm and following the Fund’s valuation procedures and ASC 820, has adjusted the fair values of private portfolio companies based on performance, recent transactions, and sector market multiples.
Investors following SVVC news can also see disclosures about fee waiver arrangements with its investment adviser, Firsthand Capital Management, Inc., and how these agreements affect reported management fees and net investment income or loss. In addition, the Fund has announced strategic reviews, such as the engagement of Ladenburg Thalmann & Co. Inc. to evaluate strategic options aimed at increasing stockholder value.
This news page aggregates such announcements, giving readers a centralized view of the Fund’s periodic financial reporting, valuation changes, portfolio developments, and Board-level decisions. For those tracking a venture capital-style fund focused on technology and cleantech companies, SVVC news provides insight into how its portfolio and capital structure evolve over time.
Firsthand Technology Value Fund (OTCQB: SVVC) reported results for the quarter ended September 30, 2025: net assets $296,547 or $0.04 per share, down from approximately $0.7 million or $0.11 per share as of June 30, 2025. As of 9/30/25 the portfolio included public and private securities valued at $256,934 (≈$0.04 per share) and cash and cash equivalents of $59,009 (≈$0.01 per share).
For Q3 2025 the Fund reported total investment income $2,314, a net investment loss of $430,629, and net realized and unrealized losses of $20,083. Total assets were $811,382, total liabilities $514,835, with 6,893,056 shares outstanding.
Firsthand Technology Value Fund (OTCQB: SVVC), a venture capital fund focused on technology and cleantech investments, reported its Q2 2025 financial results. The Fund's net assets decreased to $0.7 million ($0.11 per share) as of June 30, 2025, compared to $0.8 million ($0.12 per share) in the previous quarter.
The Fund's portfolio consisted of $0.22 million in equity/debt investments, $0.51 million in cash/cash equivalents, and $0.44 million in other assets. For Q2 2025, the Fund reported total investment income of $171,000, a net investment loss of $63,000, and net realized and unrealized losses of $27,000.
Firsthand Technology Value Fund (OTCQB: SVVC) has released its financial results for the fiscal year ended December 31, 2024. The Fund's net assets decreased to $1.1 million ($0.15 per share) from $1.5 million ($0.22 per share) in September 2024.
The Fund's portfolio, valued at approximately $1.1 million, includes public and private securities, with $0.11 per share in cash and cash equivalents. For 2024, SVVC reported total investment income of $110 thousand and net investment income of $2.0 million, benefiting from waived management fees. However, the Fund experienced net realized and unrealized losses of approximately $2.1 million.
The Valuation Committee, comprising two independent directors, adjusted private company valuations considering multiple factors, including portfolio company performance, recent transactions, and market multiple changes within sectors.
Firsthand Technology Value Fund (OTCQB: SVVC) reported its Q3 2024 financial results. The Fund's net assets increased to $1.5 million ($0.22 per share) as of September 30, 2024, compared to $1.0 million ($0.15 per share) on June 30, 2024. The portfolio included securities valued at $1.4 million ($0.21 per share), including $0.15 per share in cash. The Fund reported total investment income of $36 thousand, a net investment loss of $0.4 million, and net realized and unrealized gains of $0.9 million for the quarter.
Firsthand Technology Value Fund (OTCQB: SVVC) reported its Q2 2024 financial results. The Fund's net assets increased to $1.0 million ($0.15 per share) as of June 30, 2024, compared to $0.2 million ($0.02 per share) on March 31, 2024. The portfolio, valued at $5.7 million ($0.82 per share), includes public and private securities.
Key financial highlights:
- Total investment income: $30,000
- Net investment loss: $0.2 million
- Net realized and unrealized gains: $1.0 million
The Fund's Valuation Committee adjusted fair values of private companies in the portfolio, considering various factors including company performance and market multiples.
Firsthand Technology Value Fund (OTCQB: SVVC) announced its Q1 2024 financial results. The net asset value (NAV) per share fell to $0.02 from $0.18 at the end of 2023. Total net assets decreased to $0.2 million from $1.3 million, significantly impacted by a $3 million write-down in Revasum, Inc. (ASX: RVS) shares, which were suspended from trading. The fund's portfolio, including public and private securities, was valued at $4.7 million. Investment income totaled $32 thousand, with net investment income of $2.8 million after expenses and a fee waiver agreement with Firsthand Capital Management, which waived $3 million in fees. However, net realized and unrealized losses on investments amounted to $3.9 million. The fund continues to work with portfolio companies to enhance performance and find exit opportunities.
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