Firsthand Technology Value Fund Announces Fiscal Year Financial Results, NAV of $0.18 Per Share
During the fourth quarter of 2023, the Valuation Committee, which was composed of two directors, adjusted the fair values of the private companies in our portfolio.
- During the fourth quarter of 2023, the Valuation Committee, which was composed of two directors, adjusted the fair values of the private companies in our portfolio.
- Effective September 30, 2023, the Fund has entered into a fee waiver agreement with its investment adviser, Firsthand Capital Management, Inc. (“FCM”).
- For the year ended December 31, 2023, the Fund reported a total investment income of approximately $0.1 million.
- After fees and expenses, including the aforementioned fee waiver, the Fund reported net investment income of approximately $1.1 million.