UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant
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8.01 Other Items
On October 13, 2023 Firsthand Technology Value Fund, Inc. (the “Company”) issued a press release announcing its Board of Directors (the “Board”) has approved a plan to seek stockholder approval to withdraw the Company's election to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Board will also be seeking stockholder approval on a plan of liquidation of the Company. The Company also announced it has suffered material setbacks on two of its largest holdings. The Company’s press release issued October 13, 2023, is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(a)
Financial statements:
None
(b) Pro forma financial information:
None
(c) Shell company transactions:
None
(d) Exhibits
99.1 Press Release dated October 13, 2023.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: October 13, 2023 | FIRSTHAND TECHNOLOGY VALUE FUND, INC. | ||
| By: | /s/ Kevin Landis | ||
| Kevin Landis | |||
| President | |||
| Exhibit Index | |
| Exhibit No. | Description |
| 99.1 | Press release dated October 13, 2023 |