Scholar Rock discloses single-digit million dollar SVB exposure; total cash $315M

Scholar Rock Holding Corp

Company has cash in the single-digit millions (USD) held at Silicon Valley Bank, now under FDIC receivership.
Total cash, cash equivalents and marketable securities were approximately $315M as of December 31, 2022.
Remaining cash and securities are held at other banking institutions not directly exposed to SVB's liquidity issues.
Disclosure made under Item 7.01 in response to media reports of SVB closure.

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