Harris & Harris Group Reports Financial Statements as of December 31, 2012 and Posts Annual Letter to Shareholders on Website
March 15 2013 - 5:09PM
Harris & Harris Group, Inc. (Nasdaq:TINY), reported today that,
as of December 31, 2012, its net asset value and net asset value
per share were $128,436,774 and $4.13, respectively. The Company's
Annual Report on Form 10-K may be accessed at
http://ir.hhvc.com/sec.cfm.
SUMMARY OF FINANCIAL POSITION |
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|
|
|
|
December 31, 2012 |
December 31, 2011 |
September 30, 2012 |
|
(Audited) |
(Audited) |
(Unaudited) |
|
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|
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Total Assets |
$131,990,250 |
$150,343,653 |
$153,696,713 |
Net Assets |
$128,436,774 |
$145,698,407 |
$148,160,377 |
Net Asset Value per Share |
$4.13 |
$4.70 |
$4.78 |
Shares Outstanding |
31,116,881 |
31,000,601 |
31,000,601 |
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|
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Shareholders also may be interested to read our Annual Letter to
Shareholders posted on our website at
http://www.hhvc.com/letters.cfm.
Harris & Harris Group is an early-stage, active investor in
transformative nanotechnology companies. Detailed information about
Harris & Harris Group and its holdings can be found on its
website at www.HHVC.com.
This press release may contain statements of a forward-looking
nature relating to future events. These forward-looking statements
are subject to the inherent uncertainties in predicting future
results and conditions. These statements reflect the Company's
current beliefs, and a number of important factors could cause
actual results to differ materially from those expressed in this
press release. Please see the Company's Annual Report on Form 10-K
for the fiscal year ended December 31, 2012, as well as subsequent
filings, filed with the Securities and Exchange Commission for a
more detailed discussion of the risks and uncertainties associated
with the Company's business, including but not limited to the risks
and uncertainties associated with venture capital investing and
other significant factors that could affect the Company's actual
results. Except as otherwise required by Federal securities laws,
the Company undertakes no obligation to update or revise these
forward-looking statements to reflect new events or uncertainties.
The reference to the website www.HHVC.com has been provided as a
convenience, and the information contained on such website is not
incorporated by reference into this press release.
CONTACT: DOUGLAS W. JAMISON
TEL. NO. (212) 582-0900
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