Firsthand Technology Value Fund (SVVC) Raises Facebook Stake to 600,000 Shares
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Firsthand Technology Value Fund, Inc. (Nasdaq: SVVC) continues to make big bets on the upcoming Facebook (NYSE: FB) (Nasdaq: FB) IPO.
The company announced this morning that it has completed the purchase of an additional 70,000 shares of Facebook, Inc.
The transaction, which was initiated in January 2012 and closed this week, brings the fund's total Facebook holdings to 600,000 shares of Class B common stock.
The company announced this morning that it has completed the purchase of an additional 70,000 shares of Facebook, Inc.
The transaction, which was initiated in January 2012 and closed this week, brings the fund's total Facebook holdings to 600,000 shares of Class B common stock.
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