STOCK TITAN
  1. Home
  2. News
  3. SVVC

FIRSTHAND TEC VAL FUND - $SVVC STOCK NEWS

Welcome to our dedicated page for FIRSTHAND TEC VAL FUND news (Ticker: $SVVC), a resource for investors and traders seeking the latest updates and insights on FIRSTHAND TEC VAL FUND stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FIRSTHAND TEC VAL FUND's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FIRSTHAND TEC VAL FUND's position in the market.

News
Firsthand Technology Value Fund Announces Fiscal Year Financial Results, NAV of $0.18 Per Share
Rhea-AI Summary
Firsthand Technology Value Fund, Inc. (SVVC) announces financial results for 2023, with net assets of $1.3 million, or $0.18 per share, a significant decrease from 2022. The portfolio includes public and private securities valued at $8.7 million. The Valuation Committee adjusted fair values of private companies, and the Fund entered into a fee waiver agreement with its investment adviser, waiving future management fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News
Firsthand Technology Value Fund Board Engages Ladenburg Thalmann & Co. Inc. to Explore Strategic Options to Increase Stockholder Value
Rhea-AI Summary
Firsthand Technology Value Fund, Inc. (SVVC) engages Ladenburg Thalmann & Co. Inc. to evaluate strategic options for increasing stockholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Firsthand Technology Value Fund Announces Third Quarter Financial Results, NAV of $0.10 Per Share
Rhea-AI Summary
Firsthand Technology Value Fund, Inc. (SVVC) Announces Financial Results, Reports Net Assets of $0.7 Million for Quarter Ended September 30, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News
Firsthand Technology Value Fund Announces Plan to Seek Stockholder Approval to Withdraw BDC Election and Pursue Liquidation
Rhea-AI Summary
Firsthand Technology Value Fund plans to withdraw its election to be regulated as a business development company and seek stockholder approval for a plan of liquidation. The Fund has suffered material setbacks on two of its largest holdings, leading to potential valuation write-downs that could reduce the asset value of the Fund. The Board and the Fund's investment adviser, Firsthand Capital Management, will take actions to maintain a positive net asset value per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Firsthand Technology Value Fund Announces Voluntary Delisting from Nasdaq Global Market
Rhea-AI Summary
Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) has decided to voluntarily delist its common stock from the Nasdaq Global Market and file a Form 25 with the SEC. The delisting is expected to be effective on or about October 26, 2023. The decision was made due to non-compliance with Nasdaq listing rules and to reduce operating costs and management time commitment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Firsthand Technology Value Fund Announces Second Quarter Financial Results, NAV of $1.61 Per Share
Rhea-AI Summary
Firsthand Technology Value Fund, Inc. (SVVC) announced its financial results for the quarter ended June 30, 2023. The Fund's net assets were $11.1 million, or $1.61 per share, a decrease from $25.9 million, or $3.75 per share as of March 31, 2023. The portfolio included public and private securities valued at $20.6 million, or $2.99 per share, with approximately $0.08 per share in cash and cash equivalents. The Valuation Committee reported a total investment gain of approximately $0.1 million, but after fees and expenses, a net investment loss of approximately $0.3 million. The Fund reported net realized and unrealized losses on investments of approximately $14.5 million for the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
earnings
News
Firsthand Technology Value Fund Announces First Quarter Financial Results, NAV of $3.75 Per Share
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
earnings
-
News
Firsthand Technology Value Fund Discloses Revised Preliminary NAV of $3.75 Per Share as of March 31, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Firsthand Technology Value Fund Discloses Preliminary NAV of $4.10 Per Share as of March 31, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Firsthand Technology Value Fund Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Stock SVVC logo
FIRSTHAND TEC VAL FUND

Nasdaq:SVVC

SVVC Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

SVVC Stock Data

1.61M
38.1%
0.27%
0.38%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
San Jose

About SVVC

firsthand technology value fund inc (svvc) is an investment management company based out of united states.