Hiku

SVXR, Inc.

0.0% of portfolio as of 3/31/22

SVXR (Silicon Valley X-Ray) is an X-ray inspection tool manufacturer whose products are used for inline product monitoring, defect detection, and metrology. SVXR technology offers the resolution and speed needed for advanced inspection, which helps businesses bring products to market faster with higher yields and higher reliability. The company's initial target customers include semiconductor manufacturers and printed circuit board makers.

In August 2021, SVXR filed for chapter 11 protection in the Bankruptcy Court for the Northern District of California. The company is seeking to sell substantially all of its assets for approximately $11.9 million. The case was closed in March 2022, and we did not receive any proceeds from the sale.