---
schema_version: "secwatch.filing_event.v1"
accession: "0000805928-23-000015"
form_type: "8-K"
ticker: "AXGN"
cik: "0000805928"
company_name: "Axogen, Inc."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T05:07:26.617468+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Axogen's $8M SVB deposits fully protected; moving other assets to JP Morgan

## Summary
- Axogen had $8M cash at SVB, its sole depositor; FDIC guarantees full access as of March 13.
- Majority of other cash/investments held in U.S. Bank custodial accounts advised by SVB Asset Management.
- Company opening new brokerage/operations accounts with JP Morgan to move all held funds.
- Believes existing cash plus product sales sufficient for at least 12 months.
- SVB closed by California regulator March 10; FDIC appointed receiver.

## SEC filing metadata
- accession: 0000805928-23-000015
- form_type: 8-K
- ticker: AXGN
- cik: 0000805928
- company_name: Axogen, Inc.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/805928/000080592823000015/0000805928-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/805928/000080592823000015/axgn-20230310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000805928-23-000015
- JSON: https://secwatch.observer/filing/0000805928-23-000015.json
- Plain text: https://secwatch.observer/filing/0000805928-23-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.