other material
confidence high
sentiment neutral
materiality 0.30
CS Disco reveals negligible exposure to SVB failure; holds <0.25% of cash at SVB UK
CS Disco, Inc.
- Holds less than 0.25% of cash and investments at SVB UK, LTD; no US deposits with SVB.
- Company aware of SVB closure and FDIC receivership; sees no material liquidity risk.
- Disclosure made under Item 8.01 as an other event; no direct financial impact reported.