Pivotal Systems IPO

Pivotal Systems, Inc.

31.1% of portfolio as of 3/31/20

IPO - July 2, 2018

Pivotal supplies flow control solutions to the semiconductor industry. The Fund's initial investment in Pivotal was made in 2012, and we have invested approximately $19.4 million in the company to date. Pivotal currently trades on the Australia Securities Exchange (ASX) under the symbol "PVS."

The Fund currently holds restricted and unrestricted Pivotal common stock and common stock equivalents. The majority of our holdings are restricted under a lock-up agreement that expires in July 2020.

IPO History

  • Year founded: 2009
  • SVVC initial investment: 2012
  • IPO date: 7/2/18
  • Symbol: ASX:PVS