SCHEDULE 13D/A
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
4/10/13
1. NAME OF REPORTING PERSON
Bulldog Investors, Brooklyn Capital Management,
Phillip Goldstein, Andrew Dakos and Steven Samuels
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
827,565
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
827,565
_______________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
827,565
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
9.67%
14. TYPE OF REPORTING PERSON
IA
_______________________________________________________
Item 1. SECURITY AND ISSUER
This statement constitutes Amendment #2 to the schedule 13d
filed September 27, 2012. Except as specifically set forth
herein, the Schedule 13d remains unmodified.
ITEM 4. PURPOSE OF TRANSACTION
See attached Exhibit 99
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As per the 10-Q filed on August 9, 2012 there were 8,556,480 shares
of common stock outstanding as of 06/30/2012. The percentages set
forth herein were derived using such number.Phillip Goldstein,
Andrew Dakos and Steven Samuels own Brooklyn Capital Management, LLC (BCM),
a registered investment advisor. As of April 9, 2013, BCM is deemed
to be the beneficial owner of 827,565 shares of SVVC (representing 9.67%
of SVVC's outstanding shares) solely by virtue of BCM's power to direct
the vote of, and dispose of, these shares. These 827,565 shares of SVVC
include 381,073 shares (representing 4.45% of SVVC's outstanding shares)
that are beneficially owned by (1) Mr. Goldstein and (2) the following
entities over which Messrs. Goldstein, Dakos and Mr. Samuels exercise
control: Opportunity Partners LP, Calapasas West Partners, LP,
Full Value Special Situations Fund, LP, Full Value Offshore Fund, Ltd.,
Full Value Partners, LP, Opportunity Income Plus, LP, and MCM Opportunity
Partners, LP (collectively, Bulldog Investors). Bulldog Investors and
Mr. Goldstein may be deemed to constitute a group. All other shares
included in the aforementioned 827,565 shares of SVVC beneficially owned
by BCM (solely by virtue of its power to sell or direct the vote of
these shares) are also beneficially owned by clients of BCM who are not
members of any group. The total number of these "non-group" shares is
446,492 shares (representing 5.22% of SVVC's outstanding shares).
c) During the last 60 days the following shares of SVVC were
purchased:
Date: Shares: Price:
04/05/13 1,547 18.7500
04/09/13 310 18.7500
Shares Sold:
Date: Shares: Price:
03/26/13 (5,613) 19.4481
04/02/13 (2,702) 19.2000
d) Beneficiaries of managed accounts are entitled to receive any
dividends or sales proceeds.
e) NA
ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Agreement to jointly file (Exhibit A)
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 4/12/2013
By: /s/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos
By: /S/ Steven Samuels
Name: Steven Samuels
Exhibit A:
Agreement to Make Joint Filing
Agreement made as of the 10th day of April, 2013, by and among
Brooklyn Capital Management, LLC, Phillip Goldstein, Andrew Dakos,
Steven Samuels, Opportunity Partners LP, Calapasas West Partners, LP,
Full Value Special Situations Fund, LP, Full Value Offshore Partners, LP,
Full Value Partners, LP, Opportunity Income Plus, LP, and MCM Opportunity
Partners, LP.
WHEREAS, Rule 13d-1(k)(1) under the Securities Exchange Act of 1934
provides that whenever two or more persons are required to file a statement
containing the information required by Schedule 13D with respect to the same
securities, only one such statement need be filed, so long as, among other
things, such filing includes as an exhibit an agreement among such persons that
such a statement is filed on behalf of each of them;
WHEREAS, in connection with certain holdings of Firsthand Technology
Value Fund, Inc. (SVVC), each of the parties to this Agreement is required to
file a statement containing the information required by Schedule 13D with
respect to the same holdings of SVVC;
NOW THEREFORE, the parties hereby agree that one statement containing the
information required by Schedule 13D shall be filed on behalf of each party
hereto.
IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto
as of the day and year first written above.
By: /s/ Phillip Goldstein By: /s/ Andrew Dakos
Phillip Goldstein Andrew Dakos
OPPORTUNITY PARTNERS, LP
By: /s/ Steven Samuels By: /s/ Phillip Goldstein
Steven Samuels Phillip Goldstein, Manager of the GP
CALAPASAS WEST PARTNERS, LP FULL VALUE SPECIAL SITUATIONS FUND, LP
By: /s/ Phillip Goldstein By: /s/ Phillip Goldstein
Phillip Goldstein, Phillip Goldstein, Manager of the GP
Manager of the GP
FULL VALUE OFFSHORE PARTNERS, LP FULL VALUE PARTNERS, LP
By: /s/ Phillip Goldstein By: /s/ Phillip Goldstein
Phillip Goldstein, Phillip Goldstein, Manager of the GP
Manager of the GP
OPPORTUNITY INCOME PLUS, LP MCM OPPORTUNITY PARTNERS LP
By: /s/ Phillip Goldstein By: /s/ Phillip Goldstein
Phillip Goldstein, Phillip Goldstein, Manager of the GP
Manager of the GP