---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-007587"
form_type: "8-K"
ticker: "SGMO"
cik: "0001001233"
company_name: "SANGAMO THERAPEUTICS, INC"
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:10:53.324593+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sangamo has $34.4M in uninsured deposits at failed Silicon Valley Bank

## Summary
- Sangamo had approximately $34.4 million in deposits with SVB as of March 10, 2023, substantially all uninsured.
- Total cash, cash equivalents, and marketable securities were $307.5 million as of December 31, 2022.
- FDIC stated uninsured depositors will receive an advance dividend within one week; full recovery timing and amount unknown.
- Company expects to meet payroll and supplier obligations through other banking providers despite SVB failure.

## SEC filing metadata
- accession: 0001628280-23-007587
- form_type: 8-K
- ticker: SGMO
- cik: 0001001233
- company_name: SANGAMO THERAPEUTICS, INC
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001233/000162828023007587/0001628280-23-007587-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001233/000162828023007587/sgmo-20230310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-007587
- JSON: https://secwatch.observer/filing/0001628280-23-007587.json
- Plain text: https://secwatch.observer/filing/0001628280-23-007587.txt

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