---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-068509"
form_type: "8-K"
ticker: "CMRC"
cik: "0001626450"
company_name: "Commerce.com, Inc."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:29:01.753235+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BigCommerce says less than 2% of $305M cash held at Silicon Valley Bank

## Summary
- As of March 10, 2023, BigCommerce held less than 2% of its cash and marketable securities in SVB and SVB UK accounts combined.
- Total cash, equivalents, restricted cash and marketable securities balance was $305.0 million as of December 31, 2022.
- The disclosure addresses investor concerns following the collapse of Silicon Valley Bank on March 10, 2023.

## SEC filing metadata
- accession: 0001193125-23-068509
- form_type: 8-K
- ticker: CMRC
- cik: 0001626450
- company_name: Commerce.com, Inc.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626450/000119312523068509/0001193125-23-068509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626450/000119312523068509/d466666d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-068509
- JSON: https://secwatch.observer/filing/0001193125-23-068509.json
- Plain text: https://secwatch.observer/filing/0001193125-23-068509.txt

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