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Stock impact report

Firsthand Technology Value Fund Discloses Preliminary NAV of $11.58 Per Share as of March 31, 2020

FIRSTHAND TEC VAL FUND (SVVC) 
US:NASDAQ Investor Relations: firsthandtvf.com
Company Research Source: GlobeNewswire
SAN JOSE, Calif., April 28, 2020 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (NASDAQ: 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. Pivotal Systems Corp. (ASX: PVS) provides monitoring and process control technologies for the semiconductor manufacturing industry. 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.IntraOp Medical Corp. is the manufacturer of the Mobetron, a medical device that is used to deliver intra-operative radiation to cancer patients. As of March 31, 2020, the Fund’s investment in Intra Show less Read more
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