InvestorsHub Logo
Followers 97
Posts 92809
Boards Moderated 4
Alias Born 10/29/2007

Re: None

Monday, 05/21/2012 11:09:56 AM

Monday, May 21, 2012 11:09:56 AM

Post# of 15
Firsthand Technology Value Fund, Inc. (Nasdaq:SVVC) (the "Fund"), a publicly-traded venture capital fund that invests in technology and cleantech companies, announced that Facebook completed its initial public offering and began trading on Friday.

The Fund currently holds 600,000 shares of Facebook common stock, which closed its first day of trading at a price of $38.23 per share. The Fund's cost basis in Facebook stock is approximately $31.50 per share.

The Fund also announced today that its estimated gross assets* as of May 18, 2012 were approximately $210 million, or $24.51 per share. Current cash holdings total approximately $170.5 million, or approximately $19.93 per share.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SVVC News