---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-003509"
form_type: "8-K"
ticker: "BFLY"
cik: "0001804176"
company_name: "Butterfly Network, Inc."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:43:13.617646+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Butterfly Network confirms no deposits or investments at Silicon Valley Bank

## Summary
- FDIC took control of Silicon Valley Bank on March 10, 2023, due to liquidity concerns.
- Butterfly Network states it holds no deposits or direct investments at Silicon Valley Bank.
- Company expects no impact on its cash position or operations from the SVB closure.

## SEC filing metadata
- accession: 0001558370-23-003509
- form_type: 8-K
- ticker: BFLY
- cik: 0001804176
- company_name: Butterfly Network, Inc.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804176/000155837023003509/0001558370-23-003509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804176/000155837023003509/bfly-20230310x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-003509
- JSON: https://secwatch.observer/filing/0001558370-23-003509.json
- Plain text: https://secwatch.observer/filing/0001558370-23-003509.txt

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