SVVC - Looks like they own 250,000 shares of ROKU after the 9/15 1-for-6 split.
Firsthand Technology Value Fund Portfolio Company Roku Completes IPO
GlobeNewswire•September 28, 2017
SAN JOSE, Calif., Sept. 28, 2017 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today that Roku, a Fund holding since 2015, went public today through an initial public offering (“IPO”). The IPO was priced at $14.00 per share, resulting in proceeds to Roku of approximately $126 million. The shares, which now trade on the NASDAQ under the ticker symbol “ROKU”, opened their first day of trading at $15.78 and closed at $23.50.
The Fund currently holds 250,000 shares of Roku common stock (taking into account a 1-for-6 reverse stock split on September 15, 2017), at an approximate average cost of $9.24 per share. The Fund’s shares are subject to a customary 180-day lockup provision.
Roku is a provider of Internet streaming devices and software that enables consumers to access streaming content through their televisions. As of the end of June 2017, Roku OS powered TV streaming for more than 15 million monthly active accounts.
