---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006317"
form_type: "8-K"
ticker: "SFES"
cik: "0000086115"
company_name: "SAFEGUARD SCIENTIFICS INC"
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T05:09:06.522412+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Safeguard reports no direct SVB exposure; seven portfolio cos have deposits, $9M undrawn loans

## Summary
- Safeguard has no banking relationship with Silicon Valley Bank.
- Seven ownership interests have deposits, loans, or undrawn credit lines with SVB.
- One other portfolio company (approx 2% stake) has significant SVB deposits.
- FDIC's full depositor protection is expected to allow normal operations for those seven.
- Two companies had $9M aggregate undrawn SVB loan commitments; alternative financing being sought.

## SEC filing metadata
- accession: 0001437749-23-006317
- form_type: 8-K
- ticker: SFES
- cik: 0000086115
- company_name: SAFEGUARD SCIENTIFICS INC
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/86115/000143774923006317/0001437749-23-006317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/86115/000143774923006317/sfe20230312_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006317
- JSON: https://secwatch.observer/filing/0001437749-23-006317.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006317.txt

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