---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-003498"
form_type: "8-K"
ticker: "CBIO"
cik: "0001253689"
company_name: "CRESCENT BIOPHARMA, INC."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:15:45.631601+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# GlycoMimetics discloses $2M deposit at Silicon Valley Bank; says amount immaterial

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-23-003498
- form_type: 8-K
- ticker: CBIO
- cik: 0001253689
- company_name: CRESCENT BIOPHARMA, INC.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1253689/000155837023003498/0001558370-23-003498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1253689/000155837023003498/glyc-20230310x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-003498
- JSON: https://secwatch.observer/filing/0001558370-23-003498.json
- Plain text: https://secwatch.observer/filing/0001558370-23-003498.txt

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