Brief: Proterra Says Do Not Anticipate A Material Impact On Financial Condition Or Operations Due To Svb's Transition Into Receivership
13/03/2023 24:21
March 12 (Reuters) - Proterra Inc PTRA.O :
* PROTERRA STATEMENT ON MINIMAL EXPOSURE TO SILICON VALLEY
BANK
* PROTERRA - DO NOT CURRENTLY ANTICIPATE A MATERIAL IMPACT
TO OUR
FINANCIAL CONDITION OR OPERATIONS AS A RESULT OF SVB'S
TRANSITION INTO RECEIVERSHIP
* COMPANY MAINTAINS A DE MINIMIS AMOUNT OF CASH WITH SVB
Source text for Eikon: ID:nGNX9lzGsp
Further company coverage: PTRA.O
((Reuters.Briefs@thomsonreuters.com;))
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