SAN JOSE, Calif., May 21, 2021 (GLOBE NEWSWIRE) - Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the "Asset"), a traded on an open market investment reserve that puts resources into innovation and cleantech organizations, uncovered today that its main five possessions as of April 30, 2021, were IntraOp Medical, Wrightspeed, Pivotal Systems, Revasum, and Hera Systems.
The Fund likewise declared that as of April 30, 2021, the assessed absolute investments* of the Fund were around $118 million, or $17.15 per share, including money and money reciprocals of roughly $0.95 per share. As of that date, the Fund's main five possessions established 87.0% of the Fund's assessed absolute investments.* Complete budget summaries and an itemized timetable of ventures as of June 30, 2021, will be accessible in the Fund's quarterly report recording on Form 10-Q in August 2021.
*Total speculations are assessed as of April 30, 2021, and address the worth of the Fund's all out ventures as of March 31, 2021, or more the assessed net change in hidden appreciation/devaluation and genuine acknowledged increases/misfortunes on traded on an open market and private protections since March 31, 2021. For the motivations behind computing the level of assessed all out ventures addressed by every speculation, the worth of each holding is controlled by either: (1) the price tag, (2) the market an incentive for public protections, less any limits taken because of limitations on the stock, or (3) the March 31, 2021, reasonable worth of every security, as decided under strategies endorsed by our Board of Directors. The assessed absolute speculations figure doesn't reflect net resource esteem on the grounds that genuine and assessed liabilities, (for example, assessed charge liabilities and execution expenses, accumulated merchant administration expenses and different liabilities) are not deducted.
About Firsthand Technology Value Fund
Firsthand Technology Value Fund, Inc. is a traded on an open market funding reserve that puts resources into innovation and cleantech organizations. More data about the Fund and its property can be found online at www.firsthandtvf.com.
The Fund is a non-enhanced, shut end venture organization that chosen to be treated as a business advancement organization under the Investment Company Act of 1940. The Fund's venture objective is to look for long haul development of capital. Under typical conditions, the Fund will contribute in any event 80% of its absolute resources for speculation purposes in innovation and cleantech organizations. An interest in the Fund implies significant dangers, some of which are featured underneath. Dissimilar to most business advancement organizations, the Fund is burdened as a partnership instead of a Regulated Investment Company under government charge laws, in view of the sythesis of its resources. Kindly see the Fund's public filings for more data about charges, costs and hazard. Past speculation results don't give any confirmations about future results.