secwatch.observer — SEC 8-K summary
======================================

Issuer:     Celcuity Inc. (CELC)
CIK:        0001603454
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001493152-23-007302
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Celcuity discloses SVB exposure less than 0.4% of $168M cash
------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603454/000149315223007302/0001493152-23-007302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603454/000149315223007302/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-007302

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer