Welcome to our dedicated page for Firsthand Technology Value Fund SEC filings (Ticker: SVVC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Firsthand Technology Value Fund filings document material-event reporting tied to the fund's financial-result announcements. Its 8-K disclosure records the issuance of a press release as an exhibit for quarterly results and frames the issuer as a publicly traded venture capital fund investing in technology and cleantech companies. Filed financial materials center on NAV, net assets, portfolio values for public and private securities, cash and equivalents, valuation procedures for private holdings, and governance by the Valuation Committee.
Firsthand Technology Value Fund (SVVC) filed its Q3 2025 report, showing a sharp decline in assets. Net assets were $296,547 and net asset value (NAV) per share was $0.04 as of September 30, 2025, with 6,893,056 shares outstanding. Based on NAV, total return for the period was (73.33)%.
Operations were pressured by expenses far exceeding income. For the nine months, investment income was $179,140 while total net expenses were $786,161, leading to a net investment loss of $607,021 and a net decrease in net assets from operations of $764,132. The portfolio’s market value was $256,934, with Level 3 and restricted securities comprising 66.7% of net assets.
Holdings were highly concentrated: UCT Coatings common stock was valued at $171,528 (57.8% of net assets) and EQX Capital Series A preferred at $23,173 (7.8%). The Fidelity Treasury money market position was $59,009 (19.9%). Many legacy investments, including certain equity and preferred positions, were marked near or at zero.
Amendment No. 13 to a Schedule 13D reports that Star Equity Fund, LP and affiliated reporting persons own 2,029,829 shares of Firsthand Technology Value Fund, Inc. (SVVC), representing approximately 29.4% of the 6,893,056 shares outstanding as of June 30, 2025. The filing lists the reporting group: Star Equity Fund, Star Equity Fund GP, Star Investment Management, Star Operating Companies, Star Value, Hudson Global, and Jeffrey E. Eberwein, and confirms each has sole voting and dispositive power over the 2,029,829 shares. No transactions in the past 60 days are reported. The reporting persons executed a Joint Filing Agreement on August 22, 2025 and attached it as Exhibit 99.9.