Friday, March 17, 2023

SVB Financial files for Chapter 11 bankruptcy protection in the SDNY Bankruptcy Court and "believes it has approximately $2.2B of liquidity" (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
SVB Financial files for Chapter 11 bankruptcy protection in the SDNY Bankruptcy Court and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries …



No comments:

Post a Comment

Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg)

Galit Altstein / Bloomberg : Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raise...