Risk factors
Firsthand Technology Value Fund (SVVC) risk factors
Item 1A of every Firsthand Technology Value Fund, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors31 risksNo changes
The company's risk disclosures remained completely unchanged this year with no new additions, removals, or rewordings.
Filed Mar 30, 2026 - FY2024 10-K risk factors31 risks
Firsthand Technology Value Fund is a non-diversified BDC heavily reliant on investment adviser FCM and key personnel like Mr. Landis for managing venture investments in private technology and alternative energy companies. The portfolio faces high illiquidity, fair value estimation uncertainty, and risks from investing in micro-cap and foreign securities without controlling equity interests.
Filed Mar 26, 2025