Brief: Technoprobe Says Co Does Not Maintain Any Other Material Accounts Or Lines Of Credit With SVB Financial Group

Technoprobe

12/03/2023 18:16

March 12 (Reuters) - Technoprobe SpA  TPRO.MI :
    * PRESS RELEASE EXPOSURE TO SILICON VALLEY BANK FINANCIAL
GROUP
 TPRO.MI  
    * ITS EXPOSURE TO SVB REPRESENTS APPROXIMATELY 2.5% OF
COMPANY'S
CASH AND CASH EQUIVALENTS AS OF DECEMBER 31, 2022
    * TECHNOPROBE SPA - COMPANY DOES NOT MAINTAIN ANY OTHER
MATERIAL
ACCOUNTS OR LINES OF CREDIT WITH SVB FINANCIAL GROUP CONSIDERING
EXPOSURE NOT RELEVANT.
    * ASSISTED BY ITS ADVISORS, CO IS MONITORING SITUATION TO
ASSESS
AND CONSEQUENTLY TAKE ANY ACTION TO PROTECT COMPANY'S INTERESTS
    * 

Source text for Eikon:  ID:nBIA2mSRm0 
Further company coverage:  TPRO.MI 

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