---
schema_version: "secwatch.filing_event.v1"
accession: "0001529274-23-000056"
form_type: "8-K"
ticker: "ALKT"
cik: "0001529274"
company_name: "ALKAMI TECHNOLOGY, INC."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:24:01.924521+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alkami discloses $3.3M deposits and $8.3M sweep accounts at failed Silicon Valley Bank

## Summary
- Aggregate $3.3M deposit balance at SVB equals ~2% of total cash and marketable securities reported in 2022 10-K.
- $8.3M in SVB sweep accounts used to purchase external money market mutual funds held by external managers.
- No borrowings under $40M revolver; $84.5M term loan outstanding under credit agreement maturing April 2025.
- SVB licensed certain fraud mitigation products from Alkami for ~$0.5M annual recurring revenue.
- Company ended 2022 with >$196M cash and marketable securities; believes sufficient to reach Adj. EBITDA positive by Q4 2023.

## SEC filing metadata
- accession: 0001529274-23-000056
- form_type: 8-K
- ticker: ALKT
- cik: 0001529274
- company_name: ALKAMI TECHNOLOGY, INC.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529274/000152927423000056/0001529274-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529274/000152927423000056/alk-20230310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529274-23-000056
- JSON: https://secwatch.observer/filing/0001529274-23-000056.json
- Plain text: https://secwatch.observer/filing/0001529274-23-000056.txt

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