---
schema_version: "secwatch.filing_event.v1"
accession: "0001398344-23-019845"
form_type: "8-K"
ticker: "SVVC"
cik: "0001495584"
company_name: "Firsthand Technology Value Fund, Inc."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:56:40.505451+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Firsthand Technology Value Fund delisted from Nasdaq; begins trading on OTCQB

## Summary
- Received Nasdaq notice July 28, 2023, for failing to maintain $5M minimum market value of publicly held shares.
- Fund decided it would be futile to attempt to regain compliance with Nasdaq listing requirements.
- Common stock stopped trading on Nasdaq on October 26, 2023, and began quoting on OTCQB same day.
- No assurance of continued compliance with OTCQB rules or that brokers will effect trades.

## SEC filing metadata
- accession: 0001398344-23-019845
- form_type: 8-K
- ticker: SVVC
- cik: 0001495584
- company_name: Firsthand Technology Value Fund, Inc.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495584/000139834423019845/0001398344-23-019845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495584/000139834423019845/fp0085775-1_8kixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001398344-23-019845
- JSON: https://secwatch.observer/filing/0001398344-23-019845.json
- Plain text: https://secwatch.observer/filing/0001398344-23-019845.txt

## Key facts
- Listing & Compliance Notices
  Firsthand Technology Value Fund, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(1)(C)).
  - Exchange: nasdaq
  - Notice: delisting 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 prior 31 consecutive business days, the Fund no longer met 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). After considering various alternatives, the Fund determined it would be futile to attempt to satisfy the listing requirements for Nasdaq. The Fund’s common stock stopped trading b
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495584/000139834423019845/0001398344-23-019845-index.htm

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