other material
confidence high
sentiment positive
materiality 0.50
Savara says SVB closure exposure immaterial; >99% of cash held elsewhere
Savara Inc
- Savara discloses its exposure to Silicon Valley Bank closure is immaterial.
- Over 99% of Savara's cash and securities are held at a different large custodial bank.
- The unaffected custodian is not impacted by the SVB closure.
- No other material financial details provided in the filing.