---
schema_version: "secwatch.filing_event.v1"
accession: "0000886163-23-000009"
form_type: "8-K"
ticker: "LGND"
cik: "0000886163"
company_name: "LIGAND PHARMACEUTICALS INC"
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T05:09:26.343655+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Ligand says it holds no SVB deposits, expects no material impact from SVB failure

## Summary
- SVB closed by CA regulator on March 10, 2023; FDIC appointed receiver.
- Ligand has no deposits, securities, or accounts at SVB.
- Ligand does not expect any material adverse effect on its business or results from partner exposure.

## SEC filing metadata
- accession: 0000886163-23-000009
- form_type: 8-K
- ticker: LGND
- cik: 0000886163
- company_name: LIGAND PHARMACEUTICALS INC
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886163/000088616323000009/0000886163-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886163/000088616323000009/lgnd-20230313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886163-23-000009
- JSON: https://secwatch.observer/filing/0000886163-23-000009.json
- Plain text: https://secwatch.observer/filing/0000886163-23-000009.txt

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