Brief: Huuuge Transfers $23.6 Mln Of Its Cash From SVB To Other Banks

Huuuge

20/03/2023 10:03

March 20 (Reuters) - Huuuge Inc  HUGP.WA :
    * SAID ON FRIDAY IT HAS GAINED ACCESS TO FUNDS HELD IN
SILICON
VALLEY BANK (SVB) WORTH ABOUT $24.2 MLN
    * COMPANY TRANSFERRED $23.6 MLN OF ITS CASH FROM SILICON
VALLEY
BANK TO OTHER BANKS
    * MANAGEMENT SEES LOW RISK OF LOSS OF DEPOSITED FUNDS

        
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