UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549






Form 10-K/A




(Mark One)

| | [X] | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | --- | ------------------------------------------------------------------------------------



For the fiscal year ended December 31, 2017



or



| | [   ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | ----- | ----------------------------------------------------------------------------------------

For the transition period from ________
to ________

Commission file number: 814-00830



Firsthand Technology Value Fund, Inc.

(Exact name of registrant as specified
in its charter)






|Maryland                                                               | 27-3008946                                  
|---------------------------------------------------------------------- | --------------------------------------------
|(State or other jurisdiction of
        incorporation or organization) | (I.R.S. Employer
        Identification No.)



150 Almaden Boulevard, Suite 1250

San Jose, California 95113

(Address and zip code of principal executive
offices)

(408) 886-7096

(Registrant’s telephone number,
including area code)




Securities registered pursuant to Section
12(b) of the Act:



|Title of each class            |  | Name of each exchange on which registered
|------------------------------ |  | -----------------------------------------
|Common Stock, $0.001 par value |  | The NASDAQ Global Market                 



Securities registered pursuant to Section
12(g) of the Act:

None






Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [   ] No [X]



Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes [   ] No [X]



Indicate by check mark whether the registrant
(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [   ]



Indicate
by check mark whether the issuer has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during
the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No
[   ]



Indicate by check mark if disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant’s
knowledge, in the definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment
to this Form 10-K. [X]



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule
12b-2 of the Exchange Act). (check one):



|Large
    accelerated filer [   ] | Accelerated
    filer [X] | Non-accelerated
        filer [   ]
        (Do
        not check if a smaller
        reporting company) | Smaller
    reporting company [   ]
|--------------------------------- | ------------------------- | --------------------------------------------------------------------------------------------------------- | -----------------------------------



Indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Act). Yes [   ] No [X]



The aggregate market value of the Common Stock
held by non-affiliates of the registrant as of December 31, 2017 was approximately $66 million (computed using the closing price
of $8.96 per share of Common Stock on December 29, 2017, as reported by the NASDAQ Global Market).



As of March 9, 2018, Firsthand Technology
Value Fund had 7,302,146 shares of common stock, par value $0.001 per share, outstanding.



Filed solely to include a corrected cover
sheet