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Does every public company need to file such a form by some time? Could we use these forms and public companies got get some sense of the contagion risk?
by fullshark 4y ago
Does every public company need to file such a form by some time? Could we use these forms and public companies got get some sense of the contagion risk?
- yasp 4y agoOnly if it's material to the company.
- nodesocket 4y agoHow long do they have to file the 8-k? I own stock in a few high tech very silicon valley based companies that aren’t mega tech. A little concerned.
- dmoy 4y agoform 8-k itself seems to say 4 days or less: https://www.sec.gov/about/forms/form8-k.pdf https://www.sec.gov/about/forms/form8-k.pdf
- nodesocket 4y agoGreat, so we can expect to see a flurry of 8-ks come Monday. In the wise words of South Park. “Anddddddddd… It’s gone!”
- __derek__ 4y agoAlthough some are filing proactively to say that they're not exposed.[1] [1]: https://twitter.com/footnoted/status/1634302156303134720 https://twitter.com/footnoted/status/1634302156303134720
- AdamJacobMuller 4y agoseems with such a public and large failure that it's not unreasonable to say that not being affected is material information as well.
- hbcondo714 4y agoThere are some companies that are filing 8-Ks just to announce they do not have any holdings in SVB, such as FuboTV: https://www.sec.gov/Archives/edgar/data/1484769/000149315223007280/form8-k.htm https://www.sec.gov/Archives/edgar/data/1484769/000149315223... Others are indeed disclosing that they have some holdings in SVB, such as Roblox at 5%: https://www.sec.gov/Archives/edgar/data/1315098/000110465923031295/tm239193d1_8k.htm https://www.sec.gov/Archives/edgar/data/1315098/000110465923...