secwatch.observer — SEC 8-K summary
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Issuer:     Guidewire Software, Inc. (GWRE)
CIK:        0001528396
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001528396-23-000028
Event type: other_material
Sentiment:  negative
Materiality: 0.40
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Guidewire discloses ~4% of cash held at failed Silicon Valley Bank; expects no material impact
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- As of March 9, 2023, ~4% of $870M cash (approx $34.8M) held at SVB, now in receivership.
- Company states no material impact on day-to-day operations regardless of SVB outcome.
- Prior cash balance of $870M reported as of January 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528396/000152839623000028/0001528396-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528396/000152839623000028/gwre-20230310.htm
  HTML page:      https://secwatch.observer/filing/0001528396-23-000028

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