{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-068403","form_type":"8-K","ticker":"BILL","cik":"0001786352","company_name":"BILL Holdings, Inc.","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.542417+00:00","generated_at":"2026-06-18T04:41:01.500985+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BILL discloses $300M corporate cash and $370M customer funds at SVB; expects minimal impact after government backstop","bullets":["Corporate cash at SVB was ~$300M of $2.6B total; largely uninsured initially.","Customer trust funds (FBO) at SVB ~$370M of $3.3B total.","After Federal Reserve/Treasury/FDIC joint action on March 12, all depositors fully protected; BILL expects access to substantially all deposits.","BILL redirected SVB payment processing to other banks; intends to use corporate cash to cover any uninsured FBO funds if needed.","Company believes existing cash and cash flow sufficient; closure expected to have minimal impact on financial position."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-068403","json":"https://secwatch.observer/filing/0001193125-23-068403.json","markdown":"https://secwatch.observer/filing/0001193125-23-068403.md","text":"https://secwatch.observer/filing/0001193125-23-068403.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786352/000119312523068403/0001193125-23-068403-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786352/000119312523068403/d459924d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T04:41:01.500985+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}