---
schema_version: "secwatch.filing_event.v1"
accession: "0001398344-23-013901"
form_type: "8-K"
ticker: "SVVC"
cik: "0001495584"
company_name: "Firsthand Technology Value Fund, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:53:47.737346+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Firsthand Technology Value Fund receives Nasdaq deficiency notice; 180-day grace period to regain compliance

## Summary
- On July 28, 2023, Nasdaq notified Firsthand that its market value of publicly held shares fell below $5,000,000.
- The Fund has 180 calendar days (until January 24, 2024) to regain compliance by closing at least $5M for 10 consecutive days.
- Failure to regain compliance within the grace period is expected to result in Nasdaq delisting notice.
- The deficiency is under Nasdaq Listing Rule 5450(b)(1)(C) for continued listing on the Nasdaq Global Market.

## SEC filing metadata
- accession: 0001398344-23-013901
- form_type: 8-K
- ticker: SVVC
- cik: 0001495584
- company_name: Firsthand Technology Value Fund, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495584/000139834423013901/0001398344-23-013901-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495584/000139834423013901/fp0084675-1_8kixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001398344-23-013901
- JSON: https://secwatch.observer/filing/0001398344-23-013901.json
- Plain text: https://secwatch.observer/filing/0001398344-23-013901.txt

## Key facts
- Listing & Compliance Notices
  Firsthand Technology Value Fund, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(1)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(1)(C)
  source text: July 28, 2023, Firsthand Technology Value Fund, Inc. (the “Fund”) received a letter (the “Notice”) from the Nasdaq Stock Market (“Nasdaq”) indicating that, based on the Fund’s market value of publicly held shares for the last 31 consecutive business days, the Fund no longer meets the requirement to maintain a minimum market value of publicly held shares of $5,000,000, as set forth in Nasdaq Listing Rule 5450(b)(1)(C). The Notice provides the Fund with a grace period of 180 calendar days, or until January 24, 2024, to regain compliance with the listing rule. If at any time during this grace per
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495584/000139834423013901/0001398344-23-013901-index.htm

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