Firsthand Technology Value Fund Q2 NAV falls 57% to $1.61 per share; net loss $14.8M

Firsthand Technology Value Fund, Inc.

Net assets $11.1M ($1.61/share) vs $25.9M ($3.75/share) at Mar 31, 2023.
Net realized and unrealized losses on investments of $14.5M for Q2.
Portfolio fair value $20.6M, including $20.05M in equity/debt investments.
Net investment loss of $0.3M after fees; total investment gain $0.1M before expenses.
Cash and equivalents $0.57M ($0.08 per share); total liabilities $9.84M.

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