secwatch.observer — SEC 8-K summary
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Issuer:     MESA LABORATORIES INC /CO/ (MLAB)
CIK:        0000724004
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001437749-23-006281
Event type: regulatory
Sentiment:  neutral
Materiality: 0.15
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Labs says SVB closure impact immaterial; excess deposits <$500K vs $26.1M cash
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- Deposit accounts at SVB above FDIC-insured limits are less than $500,000.
- Total cash and equivalents were $26.1M as of Dec 31, 2022, held at multiple large financial institutions.
- FDIC stated depositors will have access to all funds starting March 13, 2023.
- Company believes existing cash and cash flow sufficient for working capital and capex needs.
- No other material positions or relationships with SVB.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724004/000143774923006281/0001437749-23-006281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724004/000143774923006281/mlab20230310_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-006281

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