---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-067978"
form_type: "8-K"
ticker: "VIR"
cik: "0001706431"
company_name: "Vir Biotechnology, Inc."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:35:37.118439+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vir Biotechnology discloses $220M exposure to Silicon Valley Bank after FDIC seizure

## Summary
- FDIC took control of Silicon Valley Bank (SVB) on March 10, 2023.
- Vir holds approximately $220 million in operating accounts at SVB as of March 10.
- Total cash, cash equivalents and investments were $2.4 billion as of December 31, 2022.
- Company is monitoring the situation but has not disclosed any impact on operations.

## SEC filing metadata
- accession: 0001193125-23-067978
- form_type: 8-K
- ticker: VIR
- cik: 0001706431
- company_name: Vir Biotechnology, Inc.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706431/000119312523067978/0001193125-23-067978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706431/000119312523067978/d409774d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-067978
- JSON: https://secwatch.observer/filing/0001193125-23-067978.json
- Plain text: https://secwatch.observer/filing/0001193125-23-067978.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.