Firsthand Technology Value Fund, Inc. — fact timeline

Firsthand Technology Value Fund, Inc.: The Board amended and restated the Bylaws to update the exclusive forum provisions so they apply to actions arising under federal law (effective 2023-12-20).

“On and effective December 20, 2023, the Board of Directors of Firsthand Technology Value Fund, Inc. (the “Company”) amended and restated the Company’s Amended and Restated Bylaws. The following is a summary of changes effected by adoption of the Amended and Restated Bylaws, which is qualified in its entirety by reference to the Amended and Restated Bylaws filed as Exhibit 3.1 hereto and incorporated by reference. The changes to the Bylaws amend the exclusive forum provisions to provide that it applies to actions arising under federal law.”

Firsthand Technology Value Fund, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(1)(C)).

“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”

Firsthand Technology Value Fund, Inc. received a nasdaq deficiency notice notice regarding minimum bid price.

“October 6, 2023, Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund” or “Firsthand”), notified the Nasdaq Stock Market LLC (“Nasdaq”) of the Fund’s decision to voluntarily delist its common stock from the Nasdaq Global Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on or about October 16, 2023. As a result, the Fund expects the delisting of its common stock to become effective on or about October 26, 2023. As previously noted in the Fund’s Current Report on Form 8-K filed with the SEC on May 3, 2023, and on the Fund’s Current R”

Rodney Yee resigned as Director at Firsthand Technology Value Fund, Inc..

“On September 22, 2023, Rodney Yee resigned as a member of the Board of Directors of Firsthand Technology Value Fund, Inc.”

Kevin Landis was appointed as Chief Financial Officer at Firsthand Technology Value Fund, Inc..

“appointed Kevin Landis, the current Chairman of the Board of Directors, and President and Chief Executive Officer of the Company to serve as the Company’s Chief Financial Officer, also effective on August 30, 2023.”

Omar Billawala resigned as Chief Financial Officer at Firsthand Technology Value Fund, Inc..

“On August 30, 2023, Omar Billawala resigned as the Chief Financial Officer of Firsthand Technology Value Fund, Inc. (the “Company”), effective on that date.”

Nicholas Petredis resigned as Director at Firsthand Technology Value Fund, Inc..

“On August 14, 2023, Nicholas Petredis resigned as a member of the Board of Directors of Firsthand Technology Value Fund, Inc. (the “Fund”) for health and medical reasons.”

Firsthand Technology Value Fund, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(1)(C)).

“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 last 31 consecutive business days, the Fund no longer meets 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). The Notice provides the Fund with a grace period of 180 calendar days, or until January 24, 2024, to regain compliance with the listing rule. If at any time during this grace per”