other material
confidence high
sentiment neutral
materiality 0.40
Celcuity discloses SVB exposure less than 0.4% of $168M cash
Celcuity Inc.
- Uninsured balance at Silicon Valley Bank is less than 0.4% of total cash, cash equivalents, and short-term investments.
- Total cash, equivalents, and short-term investments were approximately $168 million at December 31, 2022.
- Separate custodian holds Celcuity’s investments; they are not exposed to SVB liquidity concerns.