Brief: Quicklogic Corp - Does Not Hold Any Deposits Or Securities, Or Maintain Any Accounts, At Silicon Valley Bank

QuickLogic

14/03/2023 23:10

March 14 (Reuters) - QuickLogic Corp  QUIK.O :
    * QUICKLOGIC CORP - DOES NOT HOLD ANY DEPOSITS OR
SECURITIES, OR
MAINTAIN ANY ACCOUNTS, AT SILICON VALLEY BANK
    * QUICKLOGIC CORP - DOES NOT HAVE ANY BANKING RELATIONSHIP
WITH
SILICON VALLEY BANK
    * QUICKLOGIC CORP - CO IS UNAWARE AT THIS TIME OF ANY
MATERIAL
IMPACT THAT CLOSURE OF SVB WILL HAVE ON ANY MATERIAL COMMERCIAL
PARTNERS OF COMPANY
    * QUICKLOGIC CORP - CO DOES NOT BELIEVE THAT THERE IS LIKELY
TO BE
A MATERIAL IMPACT ON THE COMPANY AS A RESULT OF THE CLOSURE OF
SVB
    * QUICKLOGIC CORP - ON JANUARY 20, 2023, COMPANY DETECTED A
RANSOMWARE INFECTION AFFECTING A LIMITED NUMBER OF IT SYSTEMS
    * QUICKLOGIC CORP - COMPANY’S RANSOMWARE  INVESTIGATION AND
ASSESSMENT OF INCIDENT’S IMPACT IS ONGOING
    * QUICKLOGIC CORP - CO HAS CONTINUED ITS BUSINESS OPERATIONS
DURING RANSOMWARE  INCIDENT AND SUCCESSFULLY RESTORED ALL OF ITS
CRITICAL OPERATIONAL DATA
    * QUICKLOGIC CORP- CO BELIEVES RANSOMWARE  INCIDENT HAS NOT
HAD
NOR WILL HAVE MATERIAL IMPACT ON ITS BUSINESS, OPERATIONS, OR
FINANCIAL RESULTS

Source text: [ID:https://m5.gs/bnZNOD]
Further company coverage:  QUIK.O 

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