other material
confidence high
sentiment positive
materiality 0.50
Prothena confirms no cash or securities at Silicon Valley Bank
PROTHENA CORP PUBLIC LTD CO
- Company states it does not hold any cash deposits or securities at Silicon Valley Bank.
- Disclosure made on March 10, 2023, amid SVB's collapse and industry exposure concerns.
- No financial exposure to SVB's receivership; investor risk from bank failure avoided.