other material
confidence high
sentiment neutral
materiality 0.20
GlycoMimetics discloses $2M deposit at Silicon Valley Bank; says amount immaterial
CRESCENT BIOPHARMA, INC.
- Company holds approximately $2M in cash deposits at Silicon Valley Bank.
- GlycoMimetics considers the deposit amount immaterial to its overall liquidity.
- Disclosure filed March 10, 2023, amid SVB's collapse.