Firsthand Technology Value (SVVC) Buys Another 50K Facebook (FB) Shares Ahead of IPO

February 24, 2012 8:09 AM EST
After the close, Firsthand Technology Value Fund, Inc. (Nasdaq: SVVC) announced that that it has completed an additional investment in Facebook, Inc. (NYSE: FB) - or - (NASDAQ: FB).

The fund closed on a additional 50,000 share purchase, bringing its stake in the social media powerhouse to 200,000 shares.

Facebook recenlty filed its IPO and is expected to come public in the next few months.


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