secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001902733-23-000013
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino discloses SVB and Signature Bank FDIC takeover; combined <2% of Q3 FY2023 revenue
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- FDIC took control of Silicon Valley Bank and Signature Bank on March 13, 2023.
- SVB and Signature Bank combined contributed less than 2% of nCino's total revenues in Q3 FY2023.
- nCino provides cloud-based SaaS services to both banks; no material financial impact expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000013/0001902733-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000013/ncno-20230313.htm
  HTML page:      https://secwatch.observer/filing/0001902733-23-000013

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