secwatch.observer — SEC 8-K summary
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Issuer:     Bandwidth Inc. (BAND)
CIK:        0001514416
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001514416-23-000068
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Bandwidth says SVB closure not material; $100k cash at SVB, $50M undrawn facility
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- Holds approximately $100,000 cash on deposit at Silicon Valley Bank.
- Maintains $50M revolving credit facility with SVB as administrative agent; no amounts borrowed.
- No borrowings under any revolving credit facility in prior three fiscal years.
- Company believes SVB closure will not materially impact liquidity, business, or results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514416/000151441623000068/0001514416-23-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514416/000151441623000068/band-20230313.htm
  HTML page:      https://secwatch.observer/filing/0001514416-23-000068

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