Shattuck Labs: $2.3M at SVB less than 1.7% of total cash; no investment exposure

Shattuck Labs, Inc.

Total deposits of ~$2.3M at Silicon Valley Bank, less than 1.7% of cash & equivalents and investments.
No cash equivalents or investments held at SVB; another institution custodies third-party investments in US government obligations.
Company does not believe these investments are directly exposed to SVB insolvency consequences.
SVB was taken over by California banking regulator on March 10, 2023.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.