Firsthand Technology Value Fund Q1 NAV falls to $12.68 from $13.75; reports $8.6M net losses

Firsthand Technology Value Fund, Inc.

Net assets $87.4M ($12.68/share) vs $94.8M ($13.75) as of Dec 31, 2021.
Net investment income of $1.2M on investment income of $1.9M for Q1 2022.
Net realized and unrealized losses on investments of $8.6M for the quarter.
Portfolio fair value $82.2M ($11.93/share), including public and private securities.
Valuation Committee adjusted private company fair values with independent valuation firm input.

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