Brief: Zenvia Informs Minimal Exposure To Us Banks

Zenvia

13/03/2023 18:53

March 13 (Reuters) - Zenvia Inc  ZENV.O :
    * ZENVIA INFORMS MINIMAL EXPOSURE TO US BANKS
    * ZENVIA INC: 92% OF OUR CASH AND CASH EQUIVALENTS IN
BRAZIL, 4%
IN MEXICO, 2% IN ARGENTINA AND 2% IN US
    * ZENVIA INC: EXPOSURE TO SVB TOTALS LESS THAN $100 THOUSAND
AN
AMOUNT THAT IS FDIC-INSURED
    * ZENVIA INC - DO NOT ANTICIPATE A MATERIAL IMPACT TO OUR
FINANCIAL CONDITION OR OPERATIONS AS A RESULT OF SVB'S
TRANSITION INTO RECEIVERSHIP BY FDIC
    * ZENVIA INC SAYS NO CREDIT FACILITIES OR OTHER FINANCIAL
RELATIONSHIPS WITH SVB