secwatch.observer — SEC 8-K summary
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Issuer:     Research Solutions, Inc. (RSSS)
CIK:        0001386301
Form:       8-K
Filed at:   2023-03-28T23:59:59+00:00
Accession:  0001104659-23-037296
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Research Solutions confirms continued access to SVB credit facility and deposits
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- Company retains ability to borrow on SVB revolving loan facility; deposits and banking services fully accessible.
- Established banking relationships and accounts with two additional banks for diversification.
- SVB loan, deposit, and bank branch assets sold to First Citizens BancShares; company evaluating SVB LSA.
- Company confirms no disruption to banking services after SVB closure on March 10, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386301/000110465923037296/0001104659-23-037296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386301/000110465923037296/tm2310720d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-037296

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