Numerous companies filed Item 7.01 Regulation FD and Item 8.01 Other Events Form 8-K disclosures about the presence or absence of potential risks and other impacts related to the collapse of Silicon Valley Bank. See these snippets from the approximately 300 filings as of the afternoon of March 13 and these law firm memos from Foley & Lardner: “Public Company Disclosure Considerations for Those Affected by SVB”; Sidley: “Implications of Silicon Valley Bank Closure”; and Mayer Brown: “Maintaining Perspective: Governance and Disclosure Reminders for Public Companies.”
This post first appeared in the weekly Society Alert!