other material
confidence high
sentiment neutral
materiality 0.30
Progyny discloses less than 2% of cash held at SVB, considers exposure immaterial
Progyny, Inc.
- Less than 2% of cash, cash equivalents, and marketable securities as of Dec 31, 2022 were at risk from SVB receivership.
- Company states risk exposure to Silicon Valley Bank is immaterial.
- Disclosure made on March 13, 2023 via Form 8-K Item 7.01.