ALX Oncology says SVB exposure immaterial; loan facility with SVB under review

ALX ONCOLOGY HOLDINGS INC

Uninsured cash at SVB is less than 0.8% of total cash equivalents and investments.
Majority of cash in segregated custody at U.S. Bank via SAM; SVB has no claim.
Has up to $100M secured term loan; SVB funded 50%; assessing options for SVB's position.

item 7.01

ALX ONCOLOGY HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0001193125-23-068511

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