secwatch.observer — SEC 8-K summary
======================================

Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001902733-23-000028
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino confirms First Republic exposure <1% of FY2023 revenue; bank enters FDIC receivership
--------------------------------------------------------------------------------

- FDIC took control of First Republic Bank; JPMorgan Chase acquired substantial assets and certain liabilities.
- nCino provides cloud-based SaaS services to First Republic Bank.
- First Republic contributed less than 1% of nCino's total revenues in fiscal year 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000028/0001902733-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000028/ncno-20230501.htm
  HTML page:      https://secwatch.observer/filing/0001902733-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer