{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-068570","form_type":"8-K","ticker":"PCOR","cik":"0001611052","company_name":"PROCORE TECHNOLOGIES, INC.","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.824054+00:00","generated_at":"2026-06-18T04:28:02.037424+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Procore discloses ~5% of cash held at failed Silicon Valley Bank; expects no material impact","bullets":["Approximately 5% of total cash, cash equivalents, and marketable securities held at SVB; 95% at other large institutions.","Outstanding unsecured letters of credit from SVB total $5.9M for leased office facilities.","Company expects all SVB deposits to be fully available after FDIC resolution per joint statement of Treasury, Fed, FDIC.","Management believes the SVB closure will not have a material impact on day-to-day operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-068570","json":"https://secwatch.observer/filing/0001193125-23-068570.json","markdown":"https://secwatch.observer/filing/0001193125-23-068570.md","text":"https://secwatch.observer/filing/0001193125-23-068570.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1611052/000119312523068570/0001193125-23-068570-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1611052/000119312523068570/d409840d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T04:28:02.037424+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"}