---
schema_version: "secwatch.filing_event.v1"
accession: "0001398344-23-008614"
form_type: "8-K"
ticker: "SVVC"
cik: "0001495584"
company_name: "Firsthand Technology Value Fund, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:57:39.994426+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Firsthand Technology Value Fund receives Nasdaq deficiency notice for bid price below $1 for 30 days

## Summary
- Received Nasdaq deficiency notice on April 27, 2023 for closing bid price below $1.00 for 30 consecutive business days.
- Has until October 24, 2023 (180 days) to regain compliance by closing at $1.00 for 10 consecutive days.
- May implement a reverse stock split if needed; stock continues to trade under symbol SVVC.
- Business operations unaffected by the notification letter.

## SEC filing metadata
- accession: 0001398344-23-008614
- form_type: 8-K
- ticker: SVVC
- cik: 0001495584
- company_name: Firsthand Technology Value Fund, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495584/000139834423008614/0001398344-23-008614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495584/000139834423008614/fp0083414-1_8kixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001398344-23-008614
- JSON: https://secwatch.observer/filing/0001398344-23-008614.json
- Plain text: https://secwatch.observer/filing/0001398344-23-008614.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.