---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-016617"
form_type: "8-K"
ticker: "SVVC"
cik: "0001495584"
company_name: "Firsthand Technology Value Fund, Inc."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:43:20.228771+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Firsthand Technology Value Fund Q1 NAV drops to $0.02/share on $3M Revasum write-down

## Summary
- Net assets fell to $0.2M ($0.02/share) from $1.3M ($0.18/share) at Dec 31, 2023.
- Revasum shares suspended from ASX; fair value write-down of nearly $3M drove NAV decline.
- Adviser waived $3.0M in accrued management fees (added to prior $2.5M waiver) effective March 31.
- Net investment income of $2.8M (after fee waiver); net realized/unrealized losses of $3.9M for Q1.
- Portfolio valued at $4.7M ($0.68/share) including cash of $0.01/share.

## SEC filing metadata
- accession: 0001437749-24-016617
- form_type: 8-K
- ticker: SVVC
- cik: 0001495584
- company_name: Firsthand Technology Value Fund, Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495584/000143774924016617/0001437749-24-016617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495584/000143774924016617/sccv20240423_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-016617
- JSON: https://secwatch.observer/filing/0001437749-24-016617.json
- Plain text: https://secwatch.observer/filing/0001437749-24-016617.txt

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