Wunderlich Securities Downgrades GSV Capital (GSVC) to Hold

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GSV Capital Corp. Reports Fourth Quarter and Fiscal Year 2016 Financial Results

March 16, 2017 4:20 PM EDT

WOODSIDE, Calif., March 16, 2017 (GLOBE NEWSWIRE) -- GSV Capital Corp. (GSV Capital or the Company) (Nasdaq: GSVC) today announced financial results for the quarter and fiscal year ended December 31, 2016. Net assets totaled approximately $192.1 million, or $8.66 per share, at December 31, 2016, as compared to $10.08 per share at September 30, 2016 and $12.08 per share at December 31, 2015. 

While we are disappointed with the decline in NAV during the quarter, our long-term strategic focus on identifying and investing in the worlds most dynamic, venture-backed private companies remains unchanged, said Michael Moe, Chief Executive... More