secwatch.observer — SEC 8-K summary
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Issuer:     ACCURAY INC (ARAY)
CIK:        0001138723
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0000950170-23-007350
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Accuray says SVB exposure immaterial; cash under $250k FDIC limit
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- Cash at Silicon Valley Bank is below $250,000, fully within FDIC insurance coverage.
- No securities or other assets are held at SVB; exposure is considered immaterial.
- Disclosure responds to media reports of a possible liquidity concern at SVB.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138723/000095017023007350/0000950170-23-007350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138723/000095017023007350/aray-20230310.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-007350

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer