regulatory
confidence high
sentiment neutral
materiality 0.30
Arlo Technologies discloses minimal SVB exposure of $21K (0.03% of cash)
Arlo Technologies, Inc.
- Holds $21,000 (0.03% of total cash and cash equivalents) at Silicon Valley Bank as of March 10, 2023.
- SVB closed and FDIC appointed receiver on same date; Arlo assesses risk as minimal.
- Company states no material financial impact from SVB closure based on negligible exposure.