other material
confidence high
sentiment positive
materiality 0.55
SWK Holdings confirms no direct exposure to failed Silicon Valley Bank
SWK Holdings Corp
- Company does not hold cash deposits or securities with SVB.
- No business relationship with SVB; not party to any debt financing with SVB as agent or participant.
- Disclosure filed under Regulation FD following SVB's closure on March 10, 2023.
- SVB closed by California regulator, FDIC appointed receiver.