---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-035242"
form_type: "8-K"
ticker: "SVVC"
cik: "0001495584"
company_name: "Firsthand Technology Value Fund, Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:50:06.490641+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 Q3 NAV drops to $0.04 from $0.11; net investment loss $430,629

## Summary
- Net assets fell to $296,547 ($0.04/share) as of Sept 30, 2025, from ~$0.7M ($0.11/share) at June 30, 2025.
- Portfolio fair value $256,934; cash and equivalents $59,009; total assets $811,382 vs liabilities $514,835.
- Q3 total investment income $2,314; net investment loss $430,629; net realized/unrealized losses $20,083.
- Valuation Committee adjusted private company fair values based on independent valuation and market multiples.

## SEC filing metadata
- accession: 0001437749-25-035242
- form_type: 8-K
- ticker: SVVC
- cik: 0001495584
- company_name: Firsthand Technology Value Fund, Inc.
- filed_at: 2025-11-14T23:59:59+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/1495584/000143774925035242/0001437749-25-035242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495584/000143774925035242/sccv20251113_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-035242
- JSON: https://secwatch.observer/filing/0001437749-25-035242.json
- Plain text: https://secwatch.observer/filing/0001437749-25-035242.txt

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