Problems with Past Firsthand Technology Value Fund Voting
May 18, 2021 at 22:55 PM EDT
New York City, New York May 18, 2021 (Issuewire.com) - Don Chambers, a shareholder of Firsthand Technology Value Fund (Nasdaq: SVVC) today stated: "Last year's annual meeting of shareholders (in July 2020) generated conflicting and potentially unresolved election outcomes."
Chambers continued: "The Board, including Lee, unanimously advised shareholders to reject my shareholder proposal of 2020 and my forthcoming proposal for the May 25, 2021 meeting. The forthcoming proposal is to terminate the existing investment management contract between the Fund and its investment advisor. The apparently botched and suspect election is one of many reasons that I will be voting to terminate the investment advisory contracts."
Concerned Firsthand Technology Value Fund (SVVC) shareholders
Source :Concerned Firsthand Technology Value Fund (SVVC) shareholders
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