Cohu, Inc. (the “Company”) is aware of media reports indicating that Silicon Valley Bank (“SVB”) has been closed by the California Department of
Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation as receiver. On March 10, 2023, the Company announced
that it has deposit accounts with SVB with an aggregate balance of approximately $12.3 million, which is approximately 3.8% of the Company’s total cash
and investments.
Cohu, Inc. (the “Company”) is aware of media reports indicating that Silicon Valley Bank (“SVB”) has been closed by the California Department of
Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation as receiver. On March 10, 2023, the Company announced
that it has deposit accounts with SVB with an aggregate balance of approximately $12.3 million, which is approximately 3.8% of the Company’s total cash
and investments.
8-kより。SVBにあるのは12.3M 全然痛くない