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In general, if anyone wants to go through all the recent 8-K filings, this is what SEC EDGAR is for. Here's a link that'll bring up all recent 8-K filings by d
by MrFoof 4y ago
In general, if anyone wants to go through all the recent 8-K filings, this is what SEC EDGAR is for. Here's a link that'll bring up all recent 8-K filings by date and time, descending:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcurrent&datea=&dateb=&company=&type=8-K&SIC=&State=&Country=&CIK=&owner=include&accno=&start=0&count=40 https://www.sec.gov/cgi-bin/browse-edgar?action=getcurrent&d...
In general, I would expect a ton of 8-Ks on Monday the 13th for companies to release information on their exposure to SIVB, particularly if their exposure is minor or non-existent.
- bagels 4y agoThanks for that, was browsing around to figure out how to sort by date. Probably a lot filed today/monday that look like this: Kintara Therapeutics, Inc. confirms that it does not hold any deposits or securities or maintain any accounts at Silicon Valley Bank.
- TMWNN 4y agoThanks for that. I find it interesting that so many of the companies filing SVB-related 8-Ks (even if to say "we have no/minimal deposits with SVB") are biotech/pharma. Traditional tech gets most of the attention, but SVB has been the Bay Area's biotech banker as much as anyone else, and thanks to its specialized wine practice is probably even more dominant in that sector.
- auntienomen 4y agoThey have north of $1B in fine wine assets in their list of collateral! Presumably vinyards and maturing vintages.
- TheHumanist 4y agoYour last line is key... The silent ones are who you should be concerned about, most likely.
- sroussey 4y agoSame with startups. If you are an investor and not that company’s first call, then one of two things happen: email saying not exposed, or silence as they work through things.
- hackernewds 4y agoThat's a very prescient thought. But isn't there a fiduciary duty that is legally mandated to disclose in times like this?
- ptero 4y agoIANAL, but I don't think fiduciary duty requires you to disclose SVB exposure. If anything, disclosing it might trigger another run on an otherwise easily survivable state.
- breck 4y agoOMG. If anyone wants to fund it I could build a far better Tree language to replace this XML junk that they are using.
- mtlmtlmtlmtl 4y agoSure you can. I'm sure you'll do integrations with 9001 different legacy systems and the other endless bullshit that comes with software dev in the public sector. All by yourself. Let there be no doubt that you had it all planned out in your head already in the 10 seconds it took you to think up that comment. Because you're that good.
- breck 4y ago1. I don't have much to gain from such a thing, but someone in the know might have tremendous amount to gain. Hence the `if anyone wants to fund it`. It would have to be worth my while. 2. Yes, I am that good and could certainly build it. My tech is magic. I can turn any complex domain into the simplest form possible.