Firsthand Technology Value Fund, Inc DEFA14A, filed May 6, 2020
Firsthand Technology Value Fund, Inc. (SVVC)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities
Exchange Act of 1934 (Amendment No.__ )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
| [ ] | Preliminary Proxy Statement | |
| [ ] | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) | |
| [ ] | Definitive Proxy Statement | |
| [x] | Definitive Additional Materials | |
| [ ] | Soliciting Material Pursuant to Sec. 240.14a-11(c) or Sec. 240.14a-12 |
FIRSTHAND TECHNOLOGY VALUE FUND, INC.
(Name of Registrant as Specified in Its Chart)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| [X] | No fee required. | |||
| [ ] |
Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
| |||
| 1. | Title of each class of securities to which transactions applies: | |||
| 2. | Aggregate number of securities to which transaction applies: | |||
| 3. | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): | |||
| 4. | Proposed maximum aggregate value of transaction: | |||
| 5. | Total fee paid: | |||
| [ ] | Fee paid previously with preliminary materials. |
| [ ] | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
| 1. | Amount Previously Paid: | ||
| 2. | Form, Schedule or Registration Statement No.: | ||
| 3. | Filing Party: | ||
| 4. | Date Filed: |
Firsthand Technology Value Fund, Inc.
150 Almaden Boulevard, Suite 1250
San Jose, CA 95113
NOTICE OF POSTPONED 2020 ANNUAL MEETING OF STOCKHOLDERS
To the Stockholders of Firsthand Technology Value Fund, Inc.:
NOTICE IS HEREBY GIVEN that the 2020 Annual Meeting of Stockholders (the “Annual Meeting”) of Firsthand Technology Value Fund, Inc., a Maryland corporation (the “Company”), previously scheduled to be held on May 13, 2020 has been postponed until July 2, 2020 at 2:00 p.m., Pacific Time, at the San Jose Marriott hotel at 301 S. Market Street, San Jose, CA 95113.
At the Annual Meeting, stockholders of record as of the close of business on March 13, 2020 will consider and vote on the following matters as more fully described in the proxy statement for the Annual Meeting that was previously mailed to the stockholders:
| 1. | the election of two Class III directors of the Company to serve until the 2023 Annual Meeting of Stockholders and until their successors are duly elected and qualify; |
| 2. | the ratification of the selection of Tait, Weller & Baker LLP as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2020; |
| 3. | a non-binding stockholder proposal; and |
| 4. | the transaction of such other business that may properly come before the meeting or any postponements or adjournments thereof. |
These are the same matters that were stated in the Notice of Annual Meeting given on March 27, 2020, to be considered and voted upon by the stockholders at the previously scheduled May 13, 2020 Annual Meeting. The record date for the Annual Meeting remains the close of business on March 13, 2020. Stockholders who have already cast their votes do not need to vote again unless they desire to change their votes.
As part of our precautions regarding the coronavirus or COVID-19, the Fund reserves the right to convert the Annual Meeting from an in-person meeting to one that is held solely by means of remote communication. If we take this step, we will announce the decision to do so in advance, and details on how to participate will be set forth in a press release issued by the Company and available at www.firsthandtvf.com.
By Order of the Board of Directors of the Company,
Kelvin Leung
Secretary
May 6, 2020
San Jose, California