---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001432"
form_type: "8-K"
ticker: "LTRX"
cik: "0001114925"
company_name: "LANTRONIX INC"
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:13:28.529594+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lantronix had $6.7M (85% of deposits) at failed Silicon Valley Bank; deposits fully safeguarded

## Summary
- Lantronix had $6.7M deposits at Silicon Valley Bank (~85% of total deposits) as of March 10.
- Treasury, Fed, FDIC jointly announced March 12 that all SVB depositors are fully protected.
- Management secured verbal commitments for up to $5M in loans from directors, officers, and advisors.
- Company no longer needs contingency loans; expects sufficient cash from operations to fund foreseeable obligations.

## SEC filing metadata
- accession: 0001683168-23-001432
- form_type: 8-K
- ticker: LTRX
- cik: 0001114925
- company_name: LANTRONIX INC
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114925/000168316823001432/0001683168-23-001432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114925/000168316823001432/lantronix_i8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001432
- JSON: https://secwatch.observer/filing/0001683168-23-001432.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001432.txt

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