secwatch.observer — SEC 8-K summary
======================================

Issuer:     Butterfly Network, Inc. (BFLY)
CIK:        0001804176
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001558370-23-003509
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804176/000155837023003509/0001558370-23-003509-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804176/000155837023003509/bfly-20230310x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-003509

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer