secwatch.observer — SEC 8-K summary
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Issuer:     PHOTRONICS INC (PLAB)
CIK:        0000810136
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001539497-23-000430
Event type: other_material
Sentiment:  positive
Materiality: 0.35
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Photronics confirms zero exposure to SVB, First Republic, Signature Bank
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- No cash or other assets on deposit with Silicon Valley Bank, First Republic Bank, or Signature Bank.
- No debt or equity issued by any of those banks, nor any credit facilities, swaps, or derivatives.
- Disclosure made in response to recent bank failures to reassure investors of no financial exposure.
- Neither the company nor any subsidiaries have any relationship with the affected banks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810136/000153949723000430/0001539497-23-000430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810136/000153949723000430/n3449_x4-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-23-000430

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