other material
confidence high
sentiment neutral
materiality 0.60
Firsthand Technology Value Fund launches strategic review with Ladenburg Thalmann
Firsthand Technology Value Fund, Inc.
- Board engaged Ladenburg Thalmann to evaluate strategic options, including merger, sale, or restructuring.
- No assurance that review will result in any transaction; no further updates until a course is approved.
- Ladenburg serves as exclusive financial advisor for up to 12 months; fee structure for transactions with certain acquirers.
- Fund is a publicly-traded venture capital fund (OTCQB: SVVC) focused on technology and cleantech.