Firsthand Tech Fund to Voluntarily Delist from Nasdaq, Citing Compliance Issues
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Firsthand Technology Value Fund has notified Nasdaq of its decision to voluntarily delist from the Nasdaq Global Market.
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The delisting is due to the Fund's inability to regain compliance with Nasdaq listing rules.
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The Fund expects its stock to be quoted on the OTCQB or other OTC market after the delisting.
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The Board believes delisting will provide lower operating costs and compliance burden.
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Firsthand Technology Value Fund invests in technology and cleantech companies.