Brief: Aptose Reports Immaterial Financial Exposure To Silicon Valley Bank
10/03/2023 23:47
March 10 (Reuters) - Aptose Biosciences Inc APS.TO :
* APTOSE REPORTS IMMATERIAL FINANCIAL EXPOSURE TO SILICON
VALLEY
BANK
* HELD A DEPOSIT ACCOUNT AT SVB WITH APPROXIMATELY $0.3
MILLION IN
EXCESS OF $250,000 FDIC-INSURED LIMIT
* APTOSE HAS NOT ENTERED INTO A LINE OF CREDIT WITH SVB, AND
THEREFORE HAS NO EXPOSURE RELATED TO ANY CREDIT FACILITY
* DOES NOT EXPECT ANY MATERIAL IMPACT ON OPERATIONS,
PAYROLL, OR
ONGOING CLINICAL TRIALS
Source text for Eikon: ID:nGNX7w6yKT
Further company coverage: APS.TO
((Reuters.Briefs@thomsonreuters.com;))
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