other material
confidence high
sentiment positive
materiality 0.60
Aurinia confirms no deposits or accounts at Silicon Valley Bank
Aurinia Pharmaceuticals Inc.
- Aurinia states it does not hold any deposits, securities, or maintain any accounts at SVB.
- Disclosure made on March 13, 2023, during the SVB collapse, reassuring investors of no exposure.
- No financial impact from SVB failure as Aurinia has no direct or indirect exposure to the bank.