secwatch.observer — SEC 8-K summary
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Issuer:     Aprea Therapeutics, Inc. (APRE)
CIK:        0001781983
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001104659-23-031393
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aprea Therapeutics discloses $1.5M SVB deposits, $28.9M in SVB-purchased money market fund
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- Cash deposits of approximately $1.5M held at Silicon Valley Bank (SVB) after FDIC takeover.
- Additional $28.9M in a money market mutual fund purchased through SVB, managed by a third party.
- Company expects full access to the money market fund but timing and process remain unclear as of March 13.
- Total potential exposure of $30.4M represents a material portion of the company's cash position.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781983/000110465923031393/0001104659-23-031393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781983/000110465923031393/tm239325d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-031393

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