other material
confidence high
sentiment neutral
materiality 0.55
Protagonist Therapeutics discloses limited SVB exposure, $13M at risk out of $231M total
Protagonist Therapeutics, Inc
- Cash at SVB approximately $13M as of March 9, 2023; company considers exposure limited.
- Third-party investments of ~$218M held at multiple custodians are not directly exposed to SVB liquidity concerns.
- Total cash and investments approximately $231M; company notes multiple custodians reduce risk.