Firsthand Technology Value Fund Announces Fiscal Year Financial Results, NAV of $0.15 Per Share

SAN JOSE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (OTCQB:SVVC) (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the year ended December 31, 2024.

As of December 31, 2024, the Fund's net assets were approximately $1.1 million, or $0.15 per share, compared with net assets of approximately $1.5 million, or $0.22 per share as of September 30, 2024. As of December 31, 2024, the Fund's portfolio included public and private securities valued at approximately $1.1 million, or $0.15 per share, which includes approximately $0.11 per share in cash and cash equivalents.

Portfolio Summary (as of 12/31/24)

Investment

 

Fair Value1,

Fair Value per Share1,2

Equity/Debt Investments

$

0.32 million

 

$

0.05

Cash/Cash Equivalents

$

0.75 million

 

$

0.11

Other Assets

$

0.74 million

 

$

0.11