April 24, 2012
B. Riley & Co. Served as Co-Manager in Public Offering for Firsthand Technology Value Fund Inc.
B. Riley & Co. served as co-manager in $118,800,000 million public offering for Firsthand Technology Value Fund Inc. (NASDAQ: SVVC) representing 4,400,000 shares of common stock at $27.00 per share. Additionally, SVVC has granted the underwriters, led by Ladenburg Thalmann & Co. and National Securities Corporation, an option for 30 days to purchase up to an additional 660,000 shares of common stock.
Firsthand Technology Value Fund, Inc. is an externally managed, closed-end, non-diversified management investment company organized as a Maryland corporation that has elected to be treated as a business development company under the Investment Company Act of 1940.